Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Imprint Wealth LLC

Imprint Wealth LLC lowered its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 6.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,874 shares of the company’s stock after selling 764 shares during the period. Imprint Wealth LLC’s holdings in Mondelez International were worth $865,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale raised its holdings in shares of Mondelez International by 5.1% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 2,480,235 shares of the company’s stock valued at $179,520,000 after buying an additional 120,665 shares during the period. Handelsinvest Investeringsforvaltning acquired a new stake in shares of Mondelez International during the fourth quarter worth about $1,650,000. Signature Estate & Investment Advisors LLC boosted its stake in shares of Mondelez International by 4.7% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 38,518 shares of the company’s stock valued at $2,789,000 after purchasing an additional 1,713 shares during the period. HS Management Partners LLC grew its holdings in shares of Mondelez International by 8.3% in the fourth quarter. HS Management Partners LLC now owns 1,671,075 shares of the company’s stock valued at $121,036,000 after purchasing an additional 128,490 shares in the last quarter. Finally, Cerity Partners LLC increased its stake in Mondelez International by 70.2% during the 4th quarter. Cerity Partners LLC now owns 552,122 shares of the company’s stock worth $40,013,000 after buying an additional 227,743 shares during the period. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MDLZ has been the subject of a number of recent research reports. Stifel Nicolaus lifted their price target on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. JPMorgan Chase & Co. dropped their target price on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a report on Friday. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Citigroup dropped their price objective on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a report on Thursday, April 11th. Finally, Barclays lowered their price target on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a report on Friday. One equities research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $80.89.

Mondelez International Trading Down 0.2 %

Shares of NASDAQ:MDLZ traded down $0.13 during midday trading on Tuesday, reaching $65.74. The company’s stock had a trading volume of 2,198,660 shares, compared to its average volume of 7,492,990. The firm has a market cap of $88.52 billion, a price-to-earnings ratio of 18.11, a price-to-earnings-growth ratio of 2.32 and a beta of 0.56. The business has a 50 day moving average price of $71.21 and a 200 day moving average price of $70.52. Mondelez International, Inc. has a 1 year low of $60.75 and a 1 year high of $78.59. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.78 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The firm had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.31 billion. During the same quarter last year, the firm posted $0.73 earnings per share. Mondelez International’s revenue for the quarter was up 7.1% compared to the same quarter last year. Research analysts forecast that Mondelez International, Inc. will post 3.52 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 2.59%. The ex-dividend date was Wednesday, March 27th. Mondelez International’s payout ratio is 46.83%.

Mondelez International Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.