Fullcircle Wealth LLC Has $528,000 Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Fullcircle Wealth LLC decreased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,631 shares of the company’s stock after selling 367 shares during the period. Fullcircle Wealth LLC’s holdings in Mondelez International were worth $528,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Glass Jacobson Investment Advisors llc raised its stake in shares of Mondelez International by 6.7% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company’s stock worth $160,000 after purchasing an additional 168 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in Mondelez International by 1.8% during the fourth quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company’s stock valued at $627,000 after buying an additional 181 shares in the last quarter. Traphagen Investment Advisors LLC lifted its position in shares of Mondelez International by 0.8% in the fourth quarter. Traphagen Investment Advisors LLC now owns 23,619 shares of the company’s stock worth $1,411,000 after buying an additional 187 shares during the last quarter. Core Alternative Capital lifted its position in shares of Mondelez International by 1.7% in the fourth quarter. Core Alternative Capital now owns 11,448 shares of the company’s stock worth $684,000 after buying an additional 187 shares during the last quarter. Finally, Waldron Private Wealth LLC grew its holdings in Mondelez International by 1.0% during the fourth quarter. Waldron Private Wealth LLC now owns 19,496 shares of the company’s stock valued at $1,164,000 after purchasing an additional 191 shares during the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on MDLZ shares. Citigroup dropped their target price on shares of Mondelez International from $78.00 to $71.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Stifel Nicolaus lifted their target price on shares of Mondelez International from $70.00 to $73.00 and gave the company a “buy” rating in a research report on Wednesday, April 30th. Wells Fargo & Company lifted their price target on shares of Mondelez International from $64.00 to $68.00 and gave the company an “equal weight” rating in a report on Wednesday, April 2nd. Dbs Bank cut shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 7th. Finally, Jefferies Financial Group cut shares of Mondelez International from a “buy” rating to a “hold” rating and cut their target price for the company from $75.00 to $62.00 in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus target price of $70.55.

Mondelez International Stock Down 0.5 %

NASDAQ:MDLZ opened at $67.19 on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The stock has a 50-day moving average price of $66.36 and a two-hundred day moving average price of $63.64. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $76.06. The stock has a market cap of $86.91 billion, a price-to-earnings ratio of 19.65, a PEG ratio of 4.34 and a beta of 0.50.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.07. The company had revenue of $9.31 billion during the quarter, compared to analysts’ expectations of $9.37 billion. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.93 earnings per share. As a group, equities analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, March 31st were given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend was Monday, March 31st. Mondelez International’s dividend payout ratio (DPR) is currently 69.89%.

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.