Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 1.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,584 shares of the company’s stock after purchasing an additional 221 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Mondelez International were worth $871,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in MDLZ. Northwestern Mutual Wealth Management Co. grew its holdings in Mondelez International by 5.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 103,824 shares of the company’s stock worth $6,794,000 after buying an additional 5,777 shares in the last quarter. Quarry LP grew its stake in shares of Mondelez International by 100.1% in the second quarter. Quarry LP now owns 2,223 shares of the company’s stock worth $145,000 after purchasing an additional 1,112 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in shares of Mondelez International by 9.0% during the second quarter. EP Wealth Advisors LLC now owns 24,523 shares of the company’s stock valued at $1,605,000 after purchasing an additional 2,023 shares during the period. Advisory Alpha LLC raised its stake in shares of Mondelez International by 17.5% during the second quarter. Advisory Alpha LLC now owns 7,000 shares of the company’s stock valued at $458,000 after purchasing an additional 1,045 shares in the last quarter. Finally, Ariadne Wealth Management LP bought a new stake in shares of Mondelez International during the second quarter valued at about $1,394,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Stock Down 2.4 %

Shares of NASDAQ:MDLZ opened at $56.91 on Wednesday. Mondelez International, Inc. has a 52 week low of $55.97 and a 52 week high of $77.20. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.42 and a current ratio of 0.63. The company has a market cap of $76.10 billion, a PE ratio of 20.18, a price-to-earnings-growth ratio of 2.96 and a beta of 0.54. The firm has a 50 day simple moving average of $60.63 and a 200 day simple moving average of $66.90.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, October 29th. The company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.85 by $0.14. The business had revenue of $9.20 billion during the quarter, compared to analysts’ expectations of $9.11 billion. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. Mondelez International’s revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.82 earnings per share. As a group, research analysts expect that Mondelez International, Inc. will post 3.45 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.47 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.88 annualized dividend and a yield of 3.30%. Mondelez International’s dividend payout ratio (DPR) is presently 66.67%.

Mondelez International announced that its board has initiated a share repurchase program on Wednesday, December 11th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 10.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

MDLZ has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating on the stock in a research note on Wednesday, January 22nd. Wells Fargo & Company reiterated an “equal weight” rating and set a $61.00 price objective (down previously from $74.00) on shares of Mondelez International in a research note on Tuesday, January 7th. Citigroup decreased their price target on Mondelez International from $78.00 to $71.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Redburn Atlantic began coverage on Mondelez International in a research note on Tuesday, October 22nd. They issued a “buy” rating and a $82.00 price objective on the stock. Finally, Jefferies Financial Group cut Mondelez International from a “buy” rating to a “hold” rating and decreased their target price for the company from $75.00 to $62.00 in a research note on Tuesday, January 21st. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $73.06.

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.