Avior Wealth Management LLC Increases Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Avior Wealth Management LLC boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 3.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,023 shares of the company’s stock after buying an additional 169 shares during the quarter. Avior Wealth Management LLC’s holdings in Mondelez International were worth $364,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Tyler Stone Wealth Management purchased a new position in shares of Mondelez International in the second quarter valued at approximately $25,000. Retirement Group LLC purchased a new position in shares of Mondelez International in the fourth quarter valued at approximately $25,000. Carmel Capital Partners LLC purchased a new position in shares of Mondelez International in the third quarter valued at approximately $28,000. First Command Advisory Services Inc. purchased a new position in shares of Mondelez International in the third quarter valued at approximately $29,000. Finally, Orion Capital Management LLC purchased a new position in shares of Mondelez International in the third quarter valued at approximately $35,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

NASDAQ:MDLZ opened at $68.11 on Friday. The firm’s fifty day moving average price is $70.60 and its 200 day moving average price is $70.44. Mondelez International, Inc. has a 1-year low of $60.75 and a 1-year high of $78.59. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.62 and a quick ratio of 0.43. The firm has a market cap of $91.71 billion, a price-to-earnings ratio of 18.76, a price-to-earnings-growth ratio of 2.34 and a beta of 0.56.

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 analysts’ consensus estimates of $0.78 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The firm had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.31 billion. During the same period last year, the firm posted $0.73 EPS. Mondelez International’s quarterly revenue was up 7.1% on a year-over-year basis. On average, sell-side analysts expect that Mondelez International, Inc. will post 3.52 EPS for the current year.

Mondelez International Dividend Announcement

The company 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 dividend on an annualized basis and a yield of 2.50%. Mondelez International’s dividend payout ratio (DPR) is 46.83%.

Analyst Ratings Changes

MDLZ has been the subject of a number of recent research reports. Stifel Nicolaus lifted their price target on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. StockNews.com downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. Citigroup decreased their price target on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research note on Thursday, April 11th. Finally, JPMorgan Chase & Co. cut their price objective 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. One analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $80.89.

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.