GTS Securities LLC Has $1.17 Million Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

GTS Securities LLC lowered its holdings in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 79.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,497 shares of the company's stock after selling 74,829 shares during the period. GTS Securities LLC's holdings in Mondelez International were worth $1,165,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Marshall Investment Management LLC purchased a new position in shares of Mondelez International in the fourth quarter worth approximately $26,000. Hager Investment Management Services LLC purchased a new position in shares of Mondelez International in the fourth quarter worth approximately $27,000. Transce3nd LLC purchased a new position in shares of Mondelez International in the fourth quarter worth approximately $30,000. Orion Capital Management LLC purchased a new position in shares of Mondelez International in the fourth quarter worth approximately $30,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Mondelez International in the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 78.32% of the company's stock.

Mondelez International Stock Up 0.0%

MDLZ stock traded up $0.01 during trading hours on Friday, hitting $67.48. The company's stock had a trading volume of 1,579,129 shares, compared to its average volume of 7,993,731. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $87.37 billion, a PE ratio of 19.74, a price-to-earnings-growth ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The stock has a 50 day moving average price of $66.44 and a two-hundred day moving average price of $63.32.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.67 by $0.07. The company 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 company'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, equities research analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International's payout ratio is 69.89%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MDLZ. JPMorgan Chase & Co. lifted their target price on shares of Mondelez International from $64.00 to $74.00 and gave the stock an "overweight" rating in a research report on Friday, April 11th. DA Davidson downgraded shares of Mondelez International from a "buy" rating to a "neutral" rating and lifted their target price for the stock from $66.00 to $68.00 in a research report on Thursday, April 24th. Dbs Bank downgraded shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 7th. Piper Sandler lifted their target price on shares of Mondelez International from $59.00 to $64.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 9th. Finally, Evercore ISI lifted their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $70.55.

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.