Media coverage about Mondelez International (NASDAQ:MDLZ) has been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mondelez International earned a news impact score of 0.17 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.0940477013142 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern’s rankings:
- At $44.27, Mondelez International (MDLZ) a Hold – Investorplace.com (investorplace.com)
- Mondelez International, Inc. (MDLZ) price movement is overhead the 200 day moving average – trend is up – Analyst Recommendation (press release) (blog) (analystrecommendation.com)
- Investors watching Technical Indicators on Mondelez International, Inc. (MDLZ) – Wall Street Morning (wallstreetmorning.com)
- Worth Watching Stocks: CVS Health Corporation (NYSE:CVS), Mondelez International, Inc. (NASDAQ:MDLZ) – The Oracle Examiner (oracleexaminer.com)
Shares of Mondelez International (NASDAQ MDLZ) traded down $0.35 during mid-day trading on Tuesday, hitting $44.04. 7,363,001 shares of the stock traded hands, compared to its average volume of 10,830,000. The company has a market capitalization of $65,500.00, a P/E ratio of 23.55, a price-to-earnings-growth ratio of 1.50 and a beta of 0.90. Mondelez International has a 52 week low of $39.19 and a 52 week high of $47.23. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.48 and a quick ratio of 0.31.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 12th. Investors of record on Thursday, March 29th will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date is Wednesday, March 28th. Mondelez International’s dividend payout ratio (DPR) is currently 47.06%.
Mondelez International declared that its board has authorized a share repurchase plan on Wednesday, January 31st that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.
Several equities research analysts have weighed in on MDLZ shares. Morgan Stanley increased their target price on shares of Mondelez International from $49.00 to $50.00 and gave the stock an “overweight” rating in a report on Thursday, February 1st. Zacks Investment Research upgraded shares of Mondelez International from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a report on Thursday, January 4th. BidaskClub raised shares of Mondelez International from a “strong sell” rating to a “sell” rating in a research report on Monday, February 5th. Bank of America increased their price objective on shares of Mondelez International from $50.00 to $56.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st. Finally, Barclays reissued a “buy” rating and set a $50.00 price objective on shares of Mondelez International in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $50.69.
In other Mondelez International news, Director Trian Fund Management, L.P. bought 1,028,600 shares of the firm’s stock in a transaction that occurred on Friday, March 9th. The stock was acquired at an average price of $44.27 per share, with a total value of $45,536,122.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Hubert Weber sold 10,931 shares of the firm’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $43.79, for a total transaction of $478,668.49. Following the completion of the transaction, the executive vice president now directly owns 160,865 shares of the company’s stock, valued at approximately $7,044,278.35. The disclosure for this sale can be found here. 3.60% of the stock is currently owned by company insiders.
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About Mondelez International
Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.
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