Y.D. More Investments Ltd Has $1.48 Million Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Y.D. More Investments Ltd reduced its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 6.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,763 shares of the company’s stock after selling 1,679 shares during the quarter. Y.D. More Investments Ltd’s holdings in Mondelez International were worth $1,477,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in MDLZ. Mizuho Securities USA LLC raised its position in Mondelez International by 12,057.4% in the 3rd quarter. Mizuho Securities USA LLC now owns 12,574,000 shares of the company’s stock valued at $926,327,000 after buying an additional 12,470,573 shares during the last quarter. Ilex Capital Partners UK LLP acquired a new stake in Mondelez International in the 3rd quarter valued at $219,045,000. FMR LLC boosted its stake in shares of Mondelez International by 14.2% during the 3rd quarter. FMR LLC now owns 18,255,657 shares of the company’s stock worth $1,344,894,000 after buying an additional 2,268,639 shares during the last quarter. Holocene Advisors LP acquired a new stake in shares of Mondelez International in the third quarter valued at about $159,823,000. Finally, National Bank of Canada FI raised its holdings in Mondelez International by 173.7% during the third quarter. National Bank of Canada FI now owns 3,049,440 shares of the company’s stock worth $224,652,000 after acquiring an additional 1,935,356 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of MDLZ opened at $56.12 on Wednesday. The company has a quick ratio of 0.42, a current ratio of 0.63 and a debt-to-equity ratio of 0.59. The stock has a market cap of $75.04 billion, a PE ratio of 19.90, a PEG ratio of 3.12 and a beta of 0.54. Mondelez International, Inc. has a 12-month low of $55.88 and a 12-month high of $76.69. The business has a 50-day simple moving average of $59.94 and a two-hundred day simple moving average of $66.60.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. Analysts anticipate that Mondelez International, Inc. will post 3.44 earnings per share for the current fiscal year.

Mondelez International announced that its Board of Directors has authorized a share buyback program on Wednesday, December 11th that allows the company to buyback $9.00 billion in shares. This buyback authorization allows the company to purchase up to 10.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its stock is undervalued.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were paid a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.88 annualized dividend and a dividend yield of 3.35%. Mondelez International’s payout ratio is 66.67%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on MDLZ shares. Redburn Atlantic started coverage on Mondelez International in a research note on Tuesday, October 22nd. They issued a “buy” rating and a $82.00 price target for the company. Citigroup dropped their price target on shares of Mondelez International from $78.00 to $71.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Stifel Nicolaus lowered 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. Wells Fargo & Company reiterated an “equal weight” rating and issued a $61.00 target price (down from $74.00) on shares of Mondelez International in a research note on Tuesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a research report on Wednesday, January 22nd. Five equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $72.76.

Mondelez International Company 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.