Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Twin Capital Management Inc.

Twin Capital Management Inc. lowered its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,080 shares of the company’s stock after selling 1,064 shares during the period. Twin Capital Management Inc.’s holdings in Mondelez International were worth $2,975,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Flossbach Von Storch AG grew its holdings in shares of Mondelez International by 22.4% in the 4th quarter. Flossbach Von Storch AG now owns 859,961 shares of the company’s stock worth $62,287,000 after acquiring an additional 157,157 shares during the period. Waterfront Wealth Inc. grew its holdings in Mondelez International by 2.2% during the 4th quarter. Waterfront Wealth Inc. now owns 9,759 shares of the company’s stock valued at $707,000 after buying an additional 210 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in Mondelez International by 92.7% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,640 shares of the company’s stock valued at $192,000 after buying an additional 1,270 shares during the last quarter. Opus Capital Group LLC grew its holdings in Mondelez International by 6.2% during the 4th quarter. Opus Capital Group LLC now owns 10,023 shares of the company’s stock valued at $726,000 after buying an additional 586 shares during the last quarter. Finally, Oakworth Capital Inc. grew its holdings in Mondelez International by 29.5% during the 4th quarter. Oakworth Capital Inc. now owns 2,393 shares of the company’s stock valued at $173,000 after buying an additional 545 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on MDLZ. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Citigroup decreased 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. Stifel Nicolaus raised their price objective on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Barclays decreased their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. One analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $80.89.

Mondelez International Stock Performance

Shares of NASDAQ:MDLZ traded up $0.38 during trading on Thursday, hitting $66.89. 2,891,884 shares of the company traded hands, compared to its average volume of 7,505,797. The stock has a market capitalization of $90.07 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 2.29 and a beta of 0.56. The business’s fifty day moving average is $70.86 and its 200-day moving average is $70.47. Mondelez International, Inc. has a one year low of $60.75 and a one 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 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. The company had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.31 billion. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The business’s revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.73 earnings per share. As a group, equities analysts predict that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal 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 issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 2.54%. The ex-dividend date was Wednesday, March 27th. Mondelez International’s dividend payout ratio (DPR) is presently 46.83%.

About Mondelez International

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.