Evergreen Capital Management LLC Has $666,000 Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Evergreen Capital Management LLC trimmed its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 18.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,060 shares of the company’s stock after selling 2,578 shares during the quarter. Evergreen Capital Management LLC’s holdings in Mondelez International were worth $666,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in MDLZ. Guggenheim Capital LLC increased its position in shares of Mondelez International by 2.8% in the fourth quarter. Guggenheim Capital LLC now owns 939,417 shares of the company’s stock worth $56,111,000 after purchasing an additional 25,702 shares during the period. Canada Post Corp Registered Pension Plan bought a new stake in shares of Mondelez International during the 4th quarter worth approximately $1,130,000. Defined Financial Planning LLC bought a new stake in shares of Mondelez International during the 4th quarter worth approximately $301,000. XTX Topco Ltd acquired a new stake in shares of Mondelez International during the 4th quarter worth approximately $352,000. Finally, CreativeOne Wealth LLC increased its stake in Mondelez International by 125.1% in the fourth quarter. CreativeOne Wealth LLC now owns 35,033 shares of the company’s stock valued at $2,093,000 after acquiring an additional 19,468 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on MDLZ shares. The Goldman Sachs Group reduced their target price on Mondelez International from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. JPMorgan Chase & Co. raised their price objective on Mondelez International from $64.00 to $74.00 and gave the company an “overweight” rating in a research note on Friday, April 11th. DZ Bank downgraded Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 target price for the company. in a research note on Friday, February 7th. Dbs Bank downgraded shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 7th. Finally, Argus cut shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, Mondelez International presently has a consensus rating of “Moderate Buy” and an average target price of $70.80.

Mondelez International Trading Up 1.3 %

NASDAQ MDLZ opened at $67.32 on Friday. The firm has a market capitalization of $87.08 billion, a PE ratio of 19.68, a price-to-earnings-growth ratio of 4.34 and a beta of 0.47. The business’s 50-day moving average price is $65.25 and its two-hundred day moving average price is $64.02. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, February 4th. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. On average, analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend was Monday, March 31st. Mondelez International’s dividend payout ratio (DPR) is presently 54.97%.

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.