Twin Capital Management Inc. Has $2.98 Million Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Twin Capital Management Inc. lowered its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,080 shares of the company’s stock after selling 1,064 shares during the period. Twin Capital Management Inc.’s holdings in Mondelez International were worth $2,975,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of MDLZ. Tyler Stone Wealth Management acquired a new stake in shares of Mondelez International in the second quarter valued at approximately $25,000. Retirement Group LLC bought a new stake in shares of Mondelez International during the 4th quarter valued at $25,000. Carmel Capital Partners LLC acquired a new stake in shares of Mondelez International during the third quarter worth $28,000. First Command Advisory Services Inc. bought a new stake in Mondelez International in the third quarter valued at about $29,000. Finally, Orion Capital Management LLC bought a new stake in Mondelez International in the third quarter valued at about $35,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Up 0.6 %

Shares of MDLZ stock traded up $0.38 on Thursday, hitting $66.89. 2,891,884 shares of the stock were exchanged, compared to its average volume of 7,505,797. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $90.07 billion, a P/E ratio of 18.41, a price-to-earnings-growth ratio of 2.29 and a beta of 0.56. The business has a 50-day moving average of $70.86 and a 200 day moving average of $70.47. Mondelez International, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $78.59.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.78 by $0.06. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The firm had revenue of $9.31 billion during the quarter, compared to analysts’ expectations of $9.31 billion. During the same period in the prior year, the firm posted $0.73 earnings per share. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. Equities analysts anticipate that Mondelez International, Inc. will post 3.52 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were given a dividend of $0.425 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 annualized dividend and a yield of 2.54%. Mondelez International’s dividend payout ratio (DPR) is presently 46.83%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Stifel Nicolaus upped their price objective on Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a report on Thursday, January 25th. Barclays dropped their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Citigroup dropped their price objective on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, April 11th. Deutsche Bank Aktiengesellschaft upped their price objective on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, January 18th. Finally, JPMorgan Chase & Co. dropped their price objective on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a report on Friday, April 12th. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $80.89.

Mondelez International 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.