Foyston Gordon & Payne Inc Buys 350 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Foyston Gordon & Payne Inc lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 114,559 shares of the company’s stock after acquiring an additional 350 shares during the quarter. Mondelez International accounts for about 1.8% of Foyston Gordon & Payne Inc’s investment portfolio, making the stock its 19th largest holding. Foyston Gordon & Payne Inc’s holdings in Mondelez International were worth $6,843,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Glass Jacobson Investment Advisors llc raised its stake in Mondelez International by 6.7% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company’s stock valued at $160,000 after buying an additional 168 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in shares of Mondelez International by 1.8% in the fourth quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company’s stock worth $627,000 after acquiring an additional 181 shares during the period. Traphagen Investment Advisors LLC increased its position in Mondelez International by 0.8% during the fourth quarter. Traphagen Investment Advisors LLC now owns 23,619 shares of the company’s stock valued at $1,411,000 after acquiring an additional 187 shares during the last quarter. Core Alternative Capital lifted its holdings in Mondelez International by 1.7% in the fourth quarter. Core Alternative Capital now owns 11,448 shares of the company’s stock valued at $684,000 after acquiring an additional 187 shares during the period. Finally, Waldron Private Wealth LLC boosted its position in Mondelez International by 1.0% in the fourth quarter. Waldron Private Wealth LLC now owns 19,496 shares of the company’s stock worth $1,164,000 after purchasing an additional 191 shares during the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $66.37 on Friday. The firm has a market capitalization of $85.94 billion, a price-to-earnings ratio of 19.41, a PEG ratio of 4.34 and a beta of 0.50. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48. The business has a 50 day simple moving average of $66.41 and a 200-day simple moving average of $63.58. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $76.06.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.67 by $0.07. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The company had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. Mondelez International’s quarterly revenue was up .2% compared to the same quarter last year. Equities analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, March 31st were given a dividend of $0.47 per share. The ex-dividend date was Monday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 2.83%. Mondelez International’s dividend payout ratio (DPR) is presently 69.89%.

Analyst Upgrades and Downgrades

MDLZ has been the subject of a number of research reports. Evercore ISI upped their target price on shares of Mondelez International from $67.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, April 23rd. DA Davidson downgraded Mondelez International from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $66.00 to $68.00 in a research note on Thursday, April 24th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating on the stock in a report on Wednesday, January 22nd. Dbs Bank cut shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 7th. Finally, Jefferies Financial Group cut shares of Mondelez International from a “buy” rating to a “hold” rating and lowered their target price for the company from $75.00 to $62.00 in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $70.55.

Mondelez International 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.