Point View Wealth Management Inc. grew its position in shares of Mondelez International Inc (NASDAQ:MDLZ) by 4.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 16,811 shares of the company’s stock after purchasing an additional 675 shares during the quarter. Point View Wealth Management Inc.’s holdings in Mondelez International were worth $839,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of MDLZ. Cornerstone Advisors Inc. grew its holdings in shares of Mondelez International by 2.4% during the first quarter. Cornerstone Advisors Inc. now owns 8,850 shares of the company’s stock valued at $442,000 after buying an additional 207 shares in the last quarter. Braun Bostich & Associates Inc. boosted its position in Mondelez International by 28.9% during the fourth quarter. Braun Bostich & Associates Inc. now owns 977 shares of the company’s stock valued at $39,000 after purchasing an additional 219 shares during the last quarter. Smithfield Trust Co. boosted its position in Mondelez International by 1.5% during the first quarter. Smithfield Trust Co. now owns 14,496 shares of the company’s stock valued at $723,000 after purchasing an additional 221 shares during the last quarter. Versant Capital Management Inc boosted its position in Mondelez International by 13.1% during the first quarter. Versant Capital Management Inc now owns 2,015 shares of the company’s stock valued at $100,000 after purchasing an additional 234 shares during the last quarter. Finally, Community Bank N.A. boosted its position in Mondelez International by 10.6% during the fourth quarter. Community Bank N.A. now owns 2,497 shares of the company’s stock valued at $100,000 after purchasing an additional 239 shares during the last quarter. Institutional investors own 76.64% of the company’s stock.

In related news, EVP Gerhard W. Pleuhs sold 40,000 shares of the business’s stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $51.57, for a total transaction of $2,062,800.00. Following the completion of the transaction, the executive vice president now owns 110,308 shares of the company’s stock, valued at approximately $5,688,583.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Alejandro Lorenzo sold 26,347 shares of the business’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $46.94, for a total value of $1,236,728.18. Following the transaction, the executive vice president now directly owns 59,320 shares of the company’s stock, valued at approximately $2,784,480.80. The disclosure for this sale can be found here. Insiders sold 71,842 shares of company stock valued at $3,559,277 in the last ninety days. Insiders own 1.50% of the company’s stock.

Shares of NASDAQ:MDLZ opened at $52.23 on Monday. Mondelez International Inc has a fifty-two week low of $38.78 and a fifty-two week high of $52.98. The stock has a market capitalization of $75.23 billion, a price-to-earnings ratio of 21.49, a P/E/G ratio of 2.76 and a beta of 0.89. The company has a quick ratio of 0.33, a current ratio of 0.48 and a debt-to-equity ratio of 0.50.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 30th. The company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.04. Mondelez International had a return on equity of 14.17% and a net margin of 12.66%. The company had revenue of $6.54 billion during the quarter, compared to analysts’ expectations of $6.55 billion. During the same quarter in the previous year, the firm earned $0.62 earnings per share. The business’s quarterly revenue was down 3.4% compared to the same quarter last year. As a group, analysts predict that Mondelez International Inc will post 2.49 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be given a $0.26 dividend. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.99%. Mondelez International’s dividend payout ratio is currently 42.80%.

A number of analysts recently issued reports on MDLZ shares. Guggenheim started coverage on Mondelez International in a research report on Tuesday, January 22nd. They set a “buy” rating and a $47.00 price objective for the company. Berenberg Bank cut Mondelez International from a “buy” rating to a “hold” rating and set a $43.00 price objective for the company. in a research report on Thursday, January 24th. Zacks Investment Research cut Mondelez International from a “hold” rating to a “sell” rating in a research report on Thursday, January 24th. Wells Fargo & Co reissued a “buy” rating on shares of Mondelez International in a research report on Monday, January 28th. Finally, Barclays reaffirmed a “buy” rating and issued a $49.00 price target on shares of Mondelez International in a research report on Friday, February 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $49.67.

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Mondelez International Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The company's primary snack brand portfolio includes Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; and Trident gums and Tang powdered beverages.

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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