Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Schnieders Capital Management LLC

Schnieders Capital Management LLC lowered its holdings in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 52.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 25,554 shares of the company's stock after selling 28,452 shares during the quarter. Schnieders Capital Management LLC's holdings in Mondelez International were worth $1,851,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in MDLZ. Arkadios Wealth Advisors grew its holdings in shares of Mondelez International by 4.1% during the third quarter. Arkadios Wealth Advisors now owns 4,421 shares of the company's stock worth $307,000 after purchasing an additional 176 shares during the last quarter. Ziegler Capital Management LLC grew its stake in Mondelez International by 2.8% during the 3rd quarter. Ziegler Capital Management LLC now owns 101,733 shares of the company's stock worth $7,060,000 after buying an additional 2,807 shares during the last quarter. Flagship Harbor Advisors LLC increased its position in Mondelez International by 7.8% during the third quarter. Flagship Harbor Advisors LLC now owns 6,074 shares of the company's stock worth $422,000 after buying an additional 437 shares during the period. Impact Partnership Wealth LLC lifted its stake in Mondelez International by 1,865.6% in the third quarter. Impact Partnership Wealth LLC now owns 629 shares of the company's stock valued at $44,000 after buying an additional 597 shares during the last quarter. Finally, Founders Financial Securities LLC boosted its holdings in shares of Mondelez International by 4.4% in the third quarter. Founders Financial Securities LLC now owns 17,565 shares of the company's stock valued at $1,219,000 after acquiring an additional 746 shares during the period. Institutional investors and hedge funds own 78.32% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on MDLZ shares. JPMorgan Chase & Co. cut their target price on shares of Mondelez International from $82.00 to $76.00 and set an "overweight" rating on the stock in a report on Friday, April 12th. StockNews.com cut shares of Mondelez International from a "buy" rating to a "hold" rating in a report on Friday, February 2nd. Barclays lowered their price target on Mondelez International from $84.00 to $80.00 and set an "overweight" rating on the stock in a report on Friday, April 12th. Deutsche Bank Aktiengesellschaft boosted their price target on Mondelez International from $78.00 to $80.00 and gave the company a "buy" rating in a research report on Thursday, January 18th. Finally, Stifel Nicolaus increased their price objective on Mondelez International from $78.00 to $81.00 and gave the stock a "buy" rating in a research report on Thursday, January 25th. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $80.89.

Mondelez International Price Performance

Mondelez International stock traded up $1.34 during mid-day trading on Tuesday, reaching $70.75. The company had a trading volume of 15,793,320 shares, compared to its average volume of 7,773,232. The stock's 50-day simple moving average is $70.50 and its 200-day simple moving average is $70.56. The company has a market capitalization of $95.26 billion, a P/E ratio of 19.49, a P/E/G ratio of 2.37 and a beta of 0.56. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.62 and a quick ratio of 0.43. Mondelez International, Inc. has a 1 year low of $60.75 and a 1 year high of $78.59.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.06. The firm 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 business posted $0.73 EPS. On average, equities analysts predict that Mondelez International, Inc. will post 3.52 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were given a $0.425 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 annualized dividend and a dividend yield of 2.40%. Mondelez International's dividend payout ratio is presently 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.

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