Roundview Capital LLC Trims Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Roundview Capital LLC reduced its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 28.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,831 shares of the company's stock after selling 8,535 shares during the quarter. Roundview Capital LLC's holdings in Mondelez International were worth $1,481,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Abound Financial LLC acquired a new position in Mondelez International during the 1st quarter valued at about $25,000. Goodman Advisory Group LLC acquired a new position in shares of Mondelez International in the first quarter valued at about $26,000. Transce3nd LLC acquired a new position in shares of Mondelez International in the fourth quarter valued at about $30,000. Orion Capital Management LLC acquired a new position in shares of Mondelez International in the fourth quarter valued at about $30,000. Finally, E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of Mondelez International by 376.1% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 438 shares of the company's stock valued at $30,000 after purchasing an additional 346 shares during the period. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on MDLZ. Wells Fargo & Company raised Mondelez International from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $68.00 to $78.00 in a report on Friday, June 20th. DA Davidson lowered Mondelez International from a "buy" rating to a "neutral" rating and raised their target price for the stock from $66.00 to $68.00 in a report on Thursday, April 24th. Evercore ISI raised their target price on Mondelez International from $67.00 to $70.00 and gave the stock an "outperform" rating in a report on Wednesday, April 23rd. Morgan Stanley raised their target price on Mondelez International from $69.00 to $72.00 and gave the stock an "overweight" rating in a report on Wednesday, April 30th. Finally, UBS Group raised their target price on Mondelez International from $69.00 to $72.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $70.72.

Mondelez International Price Performance

Shares of NASDAQ MDLZ traded up $0.01 during midday trading on Thursday, hitting $70.18. The stock had a trading volume of 6,015,137 shares, compared to its average volume of 7,106,407. The company has a market capitalization of $90.87 billion, a PE ratio of 26.09, a P/E/G ratio of 5.28 and a beta of 0.48. The stock has a 50 day simple moving average of $67.53 and a 200-day simple moving average of $64.84. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $76.06. The company has a quick ratio of 0.40, a current ratio of 0.61 and a debt-to-equity ratio of 0.61.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released 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 15.94% and a net margin of 9.90%. The business had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.37 billion. During the same quarter last year, the business posted $0.93 earnings per share. The business's quarterly revenue was up .2% compared to the same quarter last year. On average, sell-side analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 14th. Investors of record on Monday, June 30th were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.88 dividend on an annualized basis and a yield of 2.68%. Mondelez International's payout ratio is 69.89%.

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.