Mondelez International, Inc. (NASDAQ:MDLZ) Holdings Decreased by Tyche Wealth Partners LLC

Tyche Wealth Partners LLC lowered its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 53.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,592 shares of the company's stock after selling 8,563 shares during the quarter. Tyche Wealth Partners LLC's holdings in Mondelez International were worth $515,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Transce3nd LLC acquired a new position in Mondelez International during the fourth quarter worth about $30,000. Orion Capital Management LLC acquired a new position in shares of Mondelez International in the 4th quarter worth approximately $30,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in shares of Mondelez International by 376.1% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 438 shares of the company's stock worth $30,000 after purchasing an additional 346 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Mondelez International in the 4th quarter worth approximately $31,000. Finally, Coppell Advisory Solutions LLC lifted its stake in Mondelez International by 66.7% during the fourth quarter. Coppell Advisory Solutions LLC now owns 540 shares of the company's stock valued at $32,000 after purchasing an additional 216 shares during the last quarter. Institutional investors own 78.32% of the company's stock.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $68.43 on Wednesday. The stock has a market capitalization of $88.60 billion, a P/E ratio of 25.44, a P/E/G ratio of 5.30 and a beta of 0.48. The business has a 50-day moving average of $66.69 and a two-hundred day moving average of $63.63. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $76.06. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.61 and a quick ratio of 0.40.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.07. Mondelez International had a return on equity of 15.94% and a net margin of 9.90%. The firm 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 company earned $0.93 EPS. The company's revenue for the quarter was up .2% on a year-over-year basis. On average, equities research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.88 annualized dividend and a yield of 2.75%. Mondelez International's dividend payout ratio (DPR) is presently 69.89%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on MDLZ shares. DA Davidson lowered shares of Mondelez International from a "buy" rating to a "neutral" rating and lifted their price target for the stock from $66.00 to $68.00 in a research report on Thursday, April 24th. Barclays upped their target price on Mondelez International from $71.00 to $74.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Stifel Nicolaus lifted their target price on shares of Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a research report on Wednesday, April 30th. JPMorgan Chase & Co. increased their target price on Mondelez International from $64.00 to $74.00 and gave the company an "overweight" rating in a report on Friday, April 11th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $69.00 price objective on shares of Mondelez International in a research report on Monday, April 28th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company's stock. According to data from MarketBeat.com, Mondelez International has an average rating of "Moderate Buy" and a consensus target price of $70.63.

Mondelez International Company 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.

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