Guardian Investment Management Has $91,000 Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Guardian Investment Management trimmed its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 90.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,255 shares of the company's stock after selling 11,295 shares during the period. Guardian Investment Management's holdings in Mondelez International were worth $91,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of MDLZ. Moneta Group Investment Advisors LLC grew its position in Mondelez International by 116,165.4% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 23,389,107 shares of the company's stock valued at $1,558,884,000 after acquiring an additional 23,368,990 shares during the period. Norges Bank bought a new stake in shares of Mondelez International during the fourth quarter worth $981,319,000. Morgan Stanley grew its holdings in shares of Mondelez International by 25.8% during the fourth quarter. Morgan Stanley now owns 22,750,267 shares of the company's stock worth $1,516,305,000 after purchasing an additional 4,663,166 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of Mondelez International by 759.1% during the first quarter. Renaissance Technologies LLC now owns 3,035,298 shares of the company's stock worth $190,556,000 after purchasing an additional 2,682,000 shares during the last quarter. Finally, Man Group plc grew its holdings in shares of Mondelez International by 122.6% during the fourth quarter. Man Group plc now owns 3,468,865 shares of the company's stock worth $231,200,000 after purchasing an additional 1,910,553 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Stock Up 1.0 %

Shares of NASDAQ:MDLZ traded up $0.66 during mid-day trading on Thursday, reaching $67.17. 8,692,753 shares of the stock were exchanged, compared to its average volume of 7,586,421. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60. The company has a market cap of $90.44 billion, a P/E ratio of 18.50, a P/E/G ratio of 2.29 and a beta of 0.56. Mondelez International, Inc. has a one year low of $60.75 and a one year high of $78.59. The stock's 50 day simple moving average is $70.71 and its 200-day simple moving average is $70.45.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.78 by $0.06. The business had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.31 billion. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. Mondelez International's quarterly revenue was up 7.1% on a year-over-year basis. During the same period last year, the company earned $0.73 earnings per share. As a group, equities research analysts predict that Mondelez International, Inc. will post 3.52 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were paid a $0.425 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 dividend on an annualized basis and a yield of 2.53%. Mondelez International's dividend payout ratio is 46.83%.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Barclays decreased their target price on Mondelez International from $84.00 to $80.00 and set an "overweight" rating on the stock in a report on Friday, April 12th. StockNews.com cut Mondelez International from a "buy" rating to a "hold" rating in a report on Friday, February 2nd. Citigroup decreased their target price on Mondelez International from $87.00 to $84.00 and set a "buy" rating on the stock in a report on Thursday, April 11th. Stifel Nicolaus increased their target price on Mondelez International from $78.00 to $81.00 and gave the stock a "buy" rating in a report on Thursday, January 25th. Finally, JPMorgan Chase & Co. cut their price target on Mondelez International from $82.00 to $76.00 and set an "overweight" rating on the stock in a research note on Friday, April 12th. One research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $80.89.

Mondelez International 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.