Valicenti Advisory Services Inc. Sells 349 Shares of Mondelez International Inc (NASDAQ:MDLZ)

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Valicenti Advisory Services Inc. reduced its stake in shares of Mondelez International Inc (NASDAQ:MDLZ) by 2.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,320 shares of the company’s stock after selling 349 shares during the quarter. Valicenti Advisory Services Inc.’s holdings in Mondelez International were worth $679,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Squarepoint Ops LLC grew its stake in shares of Mondelez International by 64.5% during the third quarter. Squarepoint Ops LLC now owns 366,553 shares of the company’s stock valued at $20,278,000 after buying an additional 143,694 shares during the last quarter. Halsey Associates Inc. CT grew its stake in shares of Mondelez International by 65.7% during the third quarter. Halsey Associates Inc. CT now owns 7,505 shares of the company’s stock valued at $415,000 after buying an additional 2,976 shares during the last quarter. Keeley Teton Advisors LLC grew its stake in shares of Mondelez International by 7.9% during the third quarter. Keeley Teton Advisors LLC now owns 20,000 shares of the company’s stock valued at $1,106,000 after buying an additional 1,460 shares during the last quarter. Bartlett & Co. LLC grew its stake in shares of Mondelez International by 906.5% during the third quarter. Bartlett & Co. LLC now owns 214,435 shares of the company’s stock valued at $11,863,000 after buying an additional 193,130 shares during the last quarter. Finally, OLD Second National Bank of Aurora grew its stake in shares of Mondelez International by 7.5% during the third quarter. OLD Second National Bank of Aurora now owns 6,618 shares of the company’s stock valued at $366,000 after buying an additional 459 shares during the last quarter. 76.21% of the stock is currently owned by institutional investors.

Mondelez International stock opened at $55.16 on Tuesday. The business has a fifty day moving average of $54.38 and a two-hundred day moving average of $54.18. The company has a quick ratio of 0.34, a current ratio of 0.50 and a debt-to-equity ratio of 0.48. The firm has a market cap of $79.42 billion, a P/E ratio of 20.28, a P/E/G ratio of 2.72 and a beta of 0.75. Mondelez International Inc has a twelve month low of $42.53 and a twelve month high of $56.72.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, October 29th. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.04. The company had revenue of $6.36 billion during the quarter, compared to analyst estimates of $6.34 billion. Mondelez International had a return on equity of 13.93% and a net margin of 15.42%. Mondelez International’s revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.62 earnings per share. Equities analysts expect that Mondelez International Inc will post 2.47 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.285 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.14 dividend on an annualized basis and a yield of 2.07%. Mondelez International’s dividend payout ratio is currently 46.91%.

A number of analysts recently issued reports on MDLZ shares. Berenberg Bank set a $56.00 price target on Mondelez International and gave the company a “hold” rating in a report on Monday, November 4th. Royal Bank of Canada started coverage on Mondelez International in a report on Wednesday, October 16th. They issued an “outperform” rating and a $66.00 price target for the company. Deutsche Bank started coverage on Mondelez International in a report on Wednesday, December 11th. They issued a “hold” rating and a $57.00 price target for the company. Bank of America reiterated a “buy” rating and issued a $61.00 price target on shares of Mondelez International in a report on Thursday, October 31st. Finally, BidaskClub lowered Mondelez International from a “buy” rating to a “hold” rating in a report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $60.00.

Mondelez International Profile

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The company's primary snack brand portfolio includes Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; and Trident gums and Tang powdered beverages.

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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