YHB Investment Advisors Inc. lessened its holdings in Mondelez International Inc (NASDAQ:MDLZ) by 54.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,136 shares of the company’s stock after selling 63,706 shares during the period. YHB Investment Advisors Inc.’s holdings in Mondelez International were worth $2,274,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of Nova Scotia Trust Co. acquired a new position in shares of Mondelez International in the third quarter valued at approximately $113,000. Acrospire Investment Management LLC raised its position in shares of Mondelez International by 1,450.0% in the second quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company’s stock valued at $134,000 after buying an additional 2,900 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in shares of Mondelez International by 2,056.3% in the second quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock valued at $157,000 after buying an additional 3,434 shares during the last quarter. Rockefeller Financial Services Inc. raised its position in shares of Mondelez International by 300.0% in the third quarter. Rockefeller Financial Services Inc. now owns 4,000 shares of the company’s stock valued at $163,000 after buying an additional 3,000 shares during the last quarter. Finally, Tortoise Investment Management LLC raised its position in shares of Mondelez International by 232.4% in the third quarter. Tortoise Investment Management LLC now owns 4,291 shares of the company’s stock valued at $174,000 after buying an additional 3,000 shares during the last quarter. 75.82% of the stock is currently owned by institutional investors.
In other Mondelez International news, Director Lewis W. K. Booth acquired 1,500 shares of the company’s stock in a transaction dated Thursday, November 9th. The stock was bought at an average price of $41.29 per share, with a total value of $61,935.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 3.60% of the stock is owned by corporate insiders.
Shares of Mondelez International Inc (NASDAQ MDLZ) traded down $0.04 during mid-day trading on Tuesday, reaching $42.47. 7,179,400 shares of the company traded hands, compared to its average volume of 7,647,367. Mondelez International Inc has a 1 year low of $39.19 and a 1 year high of $47.23. The company has a quick ratio of 0.34, a current ratio of 0.51 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $64,360.00, a price-to-earnings ratio of 29.49, a price-to-earnings-growth ratio of 1.58 and a beta of 0.97.
Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Monday, October 30th. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.54 by $0.03. Mondelez International had a net margin of 8.61% and a return on equity of 12.31%. The firm had revenue of $6.53 billion during the quarter, compared to analyst estimates of $6.45 billion. During the same quarter in the prior year, the business posted $0.52 earnings per share. Mondelez International’s revenue for the quarter was up 2.1% compared to the same quarter last year. sell-side analysts anticipate that Mondelez International Inc will post 2.14 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 11th. Stockholders of record on Friday, December 29th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.07%. The ex-dividend date was Thursday, December 28th. Mondelez International’s payout ratio is currently 61.11%.
About Mondelez International
Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.
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