VSM Wealth Advisory LLC Invests $82,000 in Mondelez International, Inc. (NASDAQ:MDLZ)

VSM Wealth Advisory LLC purchased a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 1,366 shares of the company’s stock, valued at approximately $82,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDLZ. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in shares of Mondelez International by 27.0% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 8,690 shares of the company’s stock worth $523,000 after acquiring an additional 1,848 shares in the last quarter. Xponance Inc. increased its holdings in Mondelez International by 2.9% during the 4th quarter. Xponance Inc. now owns 197,937 shares of the company’s stock worth $11,823,000 after purchasing an additional 5,619 shares during the last quarter. Evoke Wealth LLC purchased a new position in shares of Mondelez International during the 4th quarter valued at approximately $367,000. PDS Planning Inc boosted its stake in shares of Mondelez International by 14.0% during the 4th quarter. PDS Planning Inc now owns 5,315 shares of the company’s stock valued at $317,000 after buying an additional 651 shares during the last quarter. Finally, Mystic Asset Management Inc. increased its stake in shares of Mondelez International by 8.7% in the fourth quarter. Mystic Asset Management Inc. now owns 11,113 shares of the company’s stock worth $664,000 after buying an additional 888 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective 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. The Goldman Sachs Group decreased their price target on Mondelez International from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Wells Fargo & Company cut their price objective on Mondelez International from $61.00 to $54.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. Dbs Bank lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 7th. Finally, Jefferies Financial Group lowered Mondelez International from a “buy” rating to a “hold” rating and dropped their price target for the company from $75.00 to $62.00 in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, Mondelez International has an average rating of “Moderate Buy” and a consensus price target of $69.74.

Mondelez International Stock Down 1.0 %

MDLZ opened at $64.00 on Thursday. The stock’s 50 day moving average price is $61.07 and its 200 day moving average price is $65.24. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48. The stock has a market cap of $82.79 billion, a P/E ratio of 18.71, a P/E/G ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. As a group, research analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International declared that its board has approved a share 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 buy up to 10.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be given a dividend of $0.47 per share. The ex-dividend date is Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.94%. Mondelez International’s dividend payout ratio (DPR) is 54.97%.

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.