Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Advisory Alpha LLC

Advisory Alpha LLC lowered its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 55.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,464 shares of the company's stock after selling 5,493 shares during the quarter. Advisory Alpha LLC's holdings in Mondelez International were worth $303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Marshall Investment Management LLC bought a new stake in shares of Mondelez International during the fourth quarter valued at approximately $26,000. Hager Investment Management Services LLC bought a new stake in shares of Mondelez International during the 4th quarter valued at $27,000. Transce3nd LLC purchased a new stake in shares of Mondelez International in the 4th quarter worth about $30,000. Orion Capital Management LLC bought a new stake in shares of Mondelez International in the 4th quarter worth approximately $30,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Mondelez International in the 4th quarter worth about $31,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on MDLZ shares. DZ Bank cut Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 price objective on the stock. in a research report on Friday, February 7th. UBS Group raised their target price on shares of Mondelez International from $60.00 to $69.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. The Goldman Sachs Group reduced their price objective on shares of Mondelez International from $68.00 to $60.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Mizuho increased their target price on Mondelez International from $64.00 to $70.00 and gave the company an "outperform" rating in a research report on Friday, February 14th. Finally, Barclays increased their price target on Mondelez International from $71.00 to $74.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $70.55.

Mondelez International Stock Down 0.7%

Shares of NASDAQ MDLZ traded down $0.47 during midday trading on Tuesday, reaching $67.04. 5,154,927 shares of the company's stock traded hands, compared to its average volume of 8,020,927. The stock's 50 day simple moving average is $66.52 and its 200-day simple moving average is $63.32. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. The company has a market cap of $86.80 billion, a price-to-earnings ratio of 19.60, a P/E/G ratio of 4.34 and a beta of 0.50.

Mondelez International (NASDAQ:MDLZ - Get Free Report) 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. The business had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.37 billion. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The business's revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.93 earnings per share. On average, analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be issued a $0.47 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.88 annualized dividend and a yield of 2.80%. Mondelez International's payout ratio is 69.89%.

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.