FSM Wealth Advisors LLC Has $311,000 Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

FSM Wealth Advisors LLC lessened its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 9.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,354 shares of the company’s stock after selling 546 shares during the period. FSM Wealth Advisors LLC’s holdings in Mondelez International were worth $311,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. HHM Wealth Advisors LLC increased its holdings in shares of Mondelez International by 25.5% in the fourth quarter. HHM Wealth Advisors LLC now owns 990 shares of the company’s stock worth $59,000 after purchasing an additional 201 shares during the period. CFM Wealth Partners LLC grew its stake in shares of Mondelez International by 0.9% during the fourth quarter. CFM Wealth Partners LLC now owns 47,088 shares of the company’s stock valued at $2,813,000 after buying an additional 421 shares during the last quarter. McAdam LLC grew its stake in shares of Mondelez International by 7.7% during the fourth quarter. McAdam LLC now owns 3,483 shares of the company’s stock valued at $208,000 after buying an additional 250 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its stake in shares of Mondelez International by 57.0% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 10,399 shares of the company’s stock valued at $621,000 after buying an additional 3,774 shares during the last quarter. Finally, Greenleaf Trust grew its stake in shares of Mondelez International by 1.6% in the fourth quarter. Greenleaf Trust now owns 318,935 shares of the company’s stock worth $19,050,000 after purchasing an additional 5,086 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

MDLZ has been the subject of a number of recent analyst reports. Wells Fargo & Company restated an “equal weight” rating and issued a $61.00 price objective (down from $74.00) on shares of Mondelez International in a report on Tuesday, January 7th. The Goldman Sachs Group decreased their price target on shares of Mondelez International from $79.00 to $68.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Royal Bank of Canada reiterated an “outperform” rating and set a $75.00 price target on shares of Mondelez International in a report on Thursday. Stifel Nicolaus dropped their price objective on shares of Mondelez International from $82.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a report on Wednesday, January 22nd. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $72.76.

Mondelez International Stock Down 0.7 %

Mondelez International stock opened at $57.99 on Monday. The firm has a market cap of $77.54 billion, a price-to-earnings ratio of 20.56, a P/E/G ratio of 3.12 and a beta of 0.54. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.63 and a quick ratio of 0.42. Mondelez International, Inc. has a fifty-two week low of $55.97 and a fifty-two week high of $77.20. The firm has a fifty day moving average price of $60.09 and a two-hundred day moving average price of $66.67.

Mondelez International announced that its board has approved a stock buyback plan on Wednesday, December 11th that authorizes the company to buyback $9.00 billion in outstanding shares. This buyback authorization authorizes the company to repurchase up to 10.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were given a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend was Tuesday, December 31st. Mondelez International’s dividend payout ratio (DPR) is presently 66.67%.

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.