Focus Partners Advisor Solutions LLC Has $666,000 Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Focus Partners Advisor Solutions LLC trimmed its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 34.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,156 shares of the company's stock after selling 5,941 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in Mondelez International were worth $666,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ameritas Advisory Services LLC boosted its position in shares of Mondelez International by 56.5% in the fourth quarter. Ameritas Advisory Services LLC now owns 4,903 shares of the company's stock worth $293,000 after buying an additional 1,771 shares during the period. Diversify Wealth Management LLC acquired a new position in shares of Mondelez International in the fourth quarter worth about $229,000. Daymark Wealth Partners LLC raised its stake in Mondelez International by 3.4% during the fourth quarter. Daymark Wealth Partners LLC now owns 16,631 shares of the company's stock valued at $993,000 after buying an additional 542 shares in the last quarter. Baker Ellis Asset Management LLC raised its stake in Mondelez International by 19.6% during the fourth quarter. Baker Ellis Asset Management LLC now owns 3,655 shares of the company's stock valued at $218,000 after buying an additional 600 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in Mondelez International by 215.3% during the fourth quarter. SG Americas Securities LLC now owns 18,961 shares of the company's stock valued at $1,133,000 after buying an additional 12,948 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company's stock.

Analyst Ratings Changes

MDLZ has been the subject of a number of recent analyst reports. Wells Fargo & Company increased their price objective on Mondelez International from $64.00 to $68.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 2nd. DA Davidson lowered Mondelez International from a "buy" rating to a "neutral" rating and increased their price objective for the stock from $66.00 to $68.00 in a report on Thursday, April 24th. Morgan Stanley increased their price target on Mondelez International from $69.00 to $72.00 and gave the company an "overweight" rating in a research note on Wednesday, April 30th. UBS Group increased their price target on Mondelez International from $60.00 to $69.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $69.00 price target on shares of Mondelez International in a research note on Monday, April 28th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, Mondelez International has an average rating of "Moderate Buy" and an average target price of $70.55.

Mondelez International Stock Up 1.1%

NASDAQ MDLZ traded up $0.76 during trading on Tuesday, hitting $66.90. 6,595,777 shares of the company traded hands, compared to its average volume of 8,018,340. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The business has a fifty day simple moving average of $66.29 and a 200 day simple moving average of $63.27. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $86.62 billion, a P/E ratio of 19.56, a PEG ratio of 4.34 and a beta of 0.50.

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, beating the consensus estimate of $0.67 by $0.07. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The company had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.37 billion. During the same period last year, the company earned $0.93 earnings per share. The business's revenue was up .2% compared to the same quarter last year. As a group, sell-side analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be given a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International's dividend payout ratio is currently 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.