Mondelez International, Inc. (NASDAQ:MDLZ) Position Trimmed by Schnieders Capital Management LLC

Schnieders Capital Management LLC reduced its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) 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 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Murphy Middleton Hinkle & Parker Inc. increased its stake in shares of Mondelez International by 3.9% in the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,651 shares of the company’s stock valued at $264,000 after purchasing an additional 136 shares during the period. Cobblestone Asset Management LLC lifted its position in shares of Mondelez International by 2.8% during the 4th quarter. Cobblestone Asset Management LLC now owns 4,982 shares of the company’s stock valued at $361,000 after acquiring an additional 138 shares during the last quarter. Graypoint LLC boosted its position in shares of Mondelez International by 1.1% in the 4th quarter. Graypoint LLC now owns 12,281 shares of the company’s stock valued at $890,000 after purchasing an additional 138 shares during the period. Beacon Capital Management LLC lifted its holdings in shares of Mondelez International by 15.9% in the fourth quarter. Beacon Capital Management LLC now owns 1,019 shares of the company’s stock valued at $71,000 after purchasing an additional 140 shares in the last quarter. Finally, Clear Harbor Asset Management LLC increased its holdings in shares of Mondelez International by 1.9% in the 4th quarter. Clear Harbor Asset Management LLC now owns 7,632 shares of the company’s stock valued at $553,000 after purchasing an additional 140 shares during the period. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Stock Performance

NASDAQ:MDLZ traded up $1.34 during mid-day trading on Tuesday, hitting $70.75. 15,793,320 shares of the company’s stock traded hands, compared to its average volume of 7,773,232. The firm has a market capitalization of $95.26 billion, a price-to-earnings ratio of 19.49, a price-to-earnings-growth ratio of 2.37 and a beta of 0.56. The firm has a 50 day moving average of $70.50 and a two-hundred day moving average of $70.56. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 12 month low of $60.75 and a 12 month high of $78.59.

Mondelez International (NASDAQ:MDLZ) last posted 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. 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 analysts’ expectations of $9.31 billion. During the same period in the prior year, the business earned $0.73 earnings per share. Mondelez International’s revenue for the quarter was up 7.1% compared to the same quarter last year. On average, equities analysts forecast that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.425 per share. 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 payout ratio is 46.83%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on MDLZ. Citigroup reduced their price target on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, April 11th. JPMorgan Chase & Co. reduced their target price on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. StockNews.com downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Barclays cut their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $80.89.

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.