Mn Services Vermogensbeheer B.V. Sells 20,400 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Mn Services Vermogensbeheer B.V. reduced its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 646,000 shares of the company's stock after selling 20,400 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Mondelez International were worth $46,790,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in MDLZ. Moneta Group Investment Advisors LLC boosted its position in shares of Mondelez International by 116,165.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 23,389,107 shares of the company's stock worth $1,558,884,000 after purchasing an additional 23,368,990 shares in the last quarter. Morgan Stanley raised its stake in Mondelez International by 25.8% during the 4th quarter. Morgan Stanley now owns 22,750,267 shares of the company's stock worth $1,516,305,000 after buying an additional 4,663,166 shares during the period. Northern Trust Corp lifted its holdings in Mondelez International by 1.8% during the third quarter. Northern Trust Corp now owns 17,099,636 shares of the company's stock worth $1,186,715,000 after acquiring an additional 303,965 shares in the last quarter. Norges Bank acquired a new position in Mondelez International in the fourth quarter valued at about $981,319,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of Mondelez International by 0.6% in the third quarter. Bank of New York Mellon Corp now owns 11,872,797 shares of the company's stock worth $823,972,000 after acquiring an additional 65,976 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on MDLZ shares. Stifel Nicolaus lifted their price objective on Mondelez International from $78.00 to $81.00 and gave the company a "buy" rating in a report on Thursday, January 25th. Citigroup lowered their price objective on shares of Mondelez International from $87.00 to $84.00 and set a "buy" rating for the company in a research report on Thursday. StockNews.com lowered shares of Mondelez International from a "buy" rating to a "hold" rating in a report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Mondelez International from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Thursday, January 18th. Finally, Barclays dropped their price target on Mondelez International from $84.00 to $80.00 and set an "overweight" rating on the stock in a research note on Friday. One equities research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Mondelez International has a consensus rating of "Moderate Buy" and a consensus target price of $80.89.

Mondelez International Stock Down 0.1 %

Shares of Mondelez International stock traded down $0.09 on Friday, reaching $66.69. 7,433,559 shares of the company were exchanged, compared to its average volume of 8,601,398. Mondelez International, Inc. has a one year low of $60.75 and a one year high of $78.59. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60. The company has a 50-day moving average of $71.39 and a 200 day moving average of $70.54. The company has a market capitalization of $89.80 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 2.32 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.78 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The firm had revenue of $9.31 billion during the quarter, compared to analysts' expectations of $9.31 billion. During the same quarter last year, the company posted $0.73 earnings per share. The company's revenue for the quarter was up 7.1% compared to the same quarter last year. On average, equities research analysts forecast that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were issued a $0.425 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.70 annualized dividend and a dividend yield of 2.55%. Mondelez International's dividend payout ratio is currently 46.83%.

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.