Members Capital Advisors Inc. Cuts Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Members Capital Advisors Inc. decreased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 89.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,502 shares of the company's stock after selling 22,019 shares during the quarter. Mondelez International comprises approximately 0.5% of Members Capital Advisors Inc.'s portfolio, making the stock its 20th biggest holding. Members Capital Advisors Inc.'s holdings in Mondelez International were worth $181,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Carmel Capital Partners LLC purchased a new position in shares of Mondelez International in the third quarter valued at $28,000. First Command Advisory Services Inc. purchased a new position in shares of Mondelez International in the third quarter valued at $29,000. Orion Capital Management LLC purchased a new position in shares of Mondelez International in the third quarter valued at $35,000. Impact Partnership Wealth LLC increased its position in shares of 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 in the last quarter. Finally, Legacy Financial Group LLC purchased a new position in shares of Mondelez International in the third quarter valued at $45,000. Hedge funds and other institutional investors own 78.32% of the company's stock.

Mondelez International Stock Performance

Shares of MDLZ traded up $0.56 during mid-day trading on Wednesday, hitting $71.31. The stock had a trading volume of 16,596,730 shares, compared to its average volume of 7,885,034. The company has a market cap of $96.02 billion, a PE ratio of 19.64, a PEG ratio of 2.41 and a beta of 0.56. The company's fifty day simple moving average is $70.50 and its two-hundred day simple moving average is $70.56. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $78.59.

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

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were given a dividend of $0.425 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.70 dividend on an annualized basis and a yield of 2.38%. Mondelez International's dividend payout ratio is currently 46.83%.

Analysts Set New Price Targets

A number of analysts recently commented on MDLZ shares. JPMorgan Chase & Co. decreased their price objective 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. Barclays decreased 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, April 12th. Deutsche Bank Aktiengesellschaft raised their price target on Mondelez International from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Thursday, January 18th. Stifel Nicolaus raised their price objective on Mondelez International from $78.00 to $81.00 and gave the stock a "buy" rating in a report on Thursday, January 25th. Finally, StockNews.com downgraded Mondelez International from a "buy" rating to a "hold" rating in a report on Friday, February 2nd. One investment 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, Mondelez International presently has an average 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.

Want to see what other hedge funds are holding MDLZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mondelez International, Inc. (NASDAQ:MDLZ - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.