Tealwood Asset Management Inc. grew its holdings in Mondelez International Inc (NASDAQ:MDLZ) by 1.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,353 shares of the company’s stock after purchasing an additional 532 shares during the quarter. Tealwood Asset Management Inc.’s holdings in Mondelez International were worth $1,852,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also made changes to their positions in MDLZ. Janney Montgomery Scott LLC raised its stake in Mondelez International by 10.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 407,613 shares of the company’s stock worth $21,970,000 after buying an additional 38,103 shares during the period. Mn Services Vermogensbeheer B.V. raised its stake in Mondelez International by 0.5% during the 1st quarter. Mn Services Vermogensbeheer B.V. now owns 249,975 shares of the company’s stock worth $12,479,000 after buying an additional 1,200 shares during the period. Alphasimplex Group LLC raised its stake in Mondelez International by 31.9% during the 1st quarter. Alphasimplex Group LLC now owns 68,437 shares of the company’s stock worth $3,416,000 after buying an additional 16,536 shares during the period. Cibc Bank USA raised its stake in Mondelez International by 0.6% during the 2nd quarter. Cibc Bank USA now owns 42,254 shares of the company’s stock worth $2,277,000 after buying an additional 237 shares during the period. Finally, Oakwood Capital Management LLC CA raised its stake in Mondelez International by 2.3% during the 2nd quarter. Oakwood Capital Management LLC CA now owns 104,700 shares of the company’s stock worth $5,643,000 after buying an additional 2,387 shares during the period. 76.38% of the stock is currently owned by institutional investors.
In other Mondelez International news, EVP Maurizio Brusadelli sold 39,882 shares of the stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $54.52, for a total transaction of $2,174,366.64. Following the completion of the transaction, the executive vice president now directly owns 85,388 shares of the company’s stock, valued at $4,655,353.76. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.50% of the stock is currently owned by corporate insiders.
Shares of Mondelez International stock traded down $0.02 on Thursday, hitting $54.28. The company had a trading volume of 247,204 shares, compared to its average volume of 6,514,874. The stock has a market capitalization of $78.68 billion, a price-to-earnings ratio of 22.36, a P/E/G ratio of 2.86 and a beta of 0.82. Mondelez International Inc has a 1 year low of $38.78 and a 1 year high of $55.85. The stock has a 50 day moving average of $54.56 and a 200-day moving average of $51.40. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.29 and a current ratio of 0.44.
Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, July 30th. The company reported $0.57 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.57. The company had revenue of $6.06 billion during the quarter, compared to analyst estimates of $6.03 billion. Mondelez International had a return on equity of 14.07% and a net margin of 14.57%. Mondelez International’s quarterly revenue was down .8% on a year-over-year basis. During the same period in the prior year, the company posted $0.56 earnings per share. Equities analysts anticipate that Mondelez International Inc will post 2.48 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 14th. Shareholders of record on Monday, September 30th will be issued a dividend of $0.285 per share. This represents a $1.14 annualized dividend and a yield of 2.10%. This is a positive change from Mondelez International’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, September 27th. Mondelez International’s dividend payout ratio is 42.80%.
About Mondelez International
Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The company's primary snack brand portfolio includes Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; and Trident gums and Tang powdered beverages.
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