Mondelez International, Inc. $MDLZ Holdings Lowered by DeDora Capital Inc.

DeDora Capital Inc. lowered its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 39.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,157 shares of the company’s stock after selling 2,038 shares during the period. DeDora Capital Inc.’s holdings in Mondelez International were worth $213,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Signature Estate & Investment Advisors LLC grew its stake in shares of Mondelez International by 26.2% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 9,529 shares of the company’s stock worth $643,000 after purchasing an additional 1,979 shares during the last quarter. United Bank grew its stake in shares of Mondelez International by 13.2% in the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after purchasing an additional 3,070 shares during the last quarter. Quotient Wealth Partners LLC grew its stake in shares of Mondelez International by 15.6% in the 2nd quarter. Quotient Wealth Partners LLC now owns 4,532 shares of the company’s stock worth $306,000 after purchasing an additional 613 shares during the last quarter. Hamlin Capital Management LLC grew its stake in shares of Mondelez International by 68.9% in the 2nd quarter. Hamlin Capital Management LLC now owns 1,596,895 shares of the company’s stock worth $107,695,000 after purchasing an additional 651,404 shares during the last quarter. Finally, Hoese & Co LLP acquired a new position in shares of Mondelez International in the 2nd quarter worth approximately $67,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of MDLZ opened at $62.46 on Friday. The company’s 50 day moving average price is $62.22 and its 200 day moving average price is $65.26. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $71.82. The company has a market capitalization of $80.82 billion, a PE ratio of 22.88, a PEG ratio of 5.58 and a beta of 0.45. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.39 and a current ratio of 0.64.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, April 11th. The company reported $0.66 EPS for the quarter. Mondelez International had a net margin of 9.84% and a return on equity of 15.35%. The firm had revenue of $7.30 billion for the quarter. Research analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This is a boost from Mondelez International’s previous quarterly dividend of $0.47. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. Mondelez International’s payout ratio is presently 73.26%.

Analyst Upgrades and Downgrades

MDLZ has been the topic of several recent research reports. Stifel Nicolaus lifted their price objective on shares of Mondelez International from $73.00 to $76.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Dbs Bank raised shares of Mondelez International from a “hold” rating to a “moderate buy” rating in a research report on Friday, August 1st. Wells Fargo & Company dropped their target price on shares of Mondelez International from $78.00 to $74.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Jefferies Financial Group raised shares of Mondelez International from a “hold” rating to a “buy” rating and lifted their target price for the stock from $66.00 to $78.00 in a research report on Thursday, July 17th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Mondelez International in a research report on Tuesday, October 14th. Thirteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $70.84.

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.