Culbertson A N & Co. Inc. boosted its holdings in shares of Mondelez International Inc (NASDAQ:MDLZ) by 4.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 82,916 shares of the company’s stock after purchasing an additional 3,811 shares during the period. Culbertson A N & Co. Inc.’s holdings in Mondelez International were worth $3,549,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in MDLZ. Clarkston Capital Partners LLC grew its holdings in shares of Mondelez International by 6.4% during the 4th quarter. Clarkston Capital Partners LLC now owns 455,846 shares of the company’s stock worth $19,510,000 after acquiring an additional 27,319 shares during the period. First Manhattan Co. grew its holdings in shares of Mondelez International by 164.3% during the 4th quarter. First Manhattan Co. now owns 2,246,429 shares of the company’s stock worth $96,147,000 after acquiring an additional 1,396,538 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in shares of Mondelez International by 25.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 9,617 shares of the company’s stock worth $411,000 after acquiring an additional 1,931 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its holdings in shares of Mondelez International by 1.7% during the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 80,927 shares of the company’s stock worth $3,464,000 after acquiring an additional 1,385 shares during the period. Finally, Ingalls & Snyder LLC grew its holdings in shares of Mondelez International by 3.2% during the 4th quarter. Ingalls & Snyder LLC now owns 124,538 shares of the company’s stock worth $5,330,000 after acquiring an additional 3,856 shares during the period. Institutional investors own 75.88% of the company’s stock.
A number of research firms have weighed in on MDLZ. Piper Jaffray Companies set a $50.00 target price on Mondelez International and gave the stock a “buy” rating in a report on Thursday. Zacks Investment Research upgraded Mondelez International from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a report on Friday, January 12th. BidaskClub cut Mondelez International from a “sell” rating to a “strong sell” rating in a research report on Friday, January 5th. TheStreet raised Mondelez International from a “c+” rating to a “b” rating in a research report on Thursday, December 21st. Finally, BMO Capital Markets reissued a “buy” rating and issued a $48.00 price target on shares of Mondelez International in a research report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $49.50.
Mondelez International Inc (NASDAQ MDLZ) traded up $0.46 during mid-day trading on Monday, reaching $44.14. The company had a trading volume of 8,893,200 shares, compared to its average volume of 8,058,584. The company has a market cap of $65,960.00, a PE ratio of 30.65, a PEG ratio of 1.64 and a beta of 0.97. Mondelez International Inc has a fifty-two week low of $39.19 and a fifty-two week high of $47.23. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.51 and a quick ratio of 0.34.
Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Monday, October 30th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.03. The business had revenue of $6.53 billion for the quarter, compared to analysts’ expectations of $6.45 billion. Mondelez International had a return on equity of 12.31% and a net margin of 8.61%. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.52 EPS. analysts predict that Mondelez International Inc will post 2.14 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 11th. Investors of record on Friday, December 29th were given a $0.22 dividend. The ex-dividend date was Thursday, December 28th. This represents a $0.88 annualized dividend and a yield of 1.99%. Mondelez International’s dividend payout ratio (DPR) is presently 61.11%.
Mondelez International Company Profile
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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