Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 44.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 4,802 shares of the company’s stock after purchasing an additional 1,467 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Mondelez International were worth $348,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MDLZ. Carmel Capital Partners LLC acquired a new stake in shares of Mondelez International during the third quarter worth about $28,000. First Command Advisory Services Inc. acquired a new stake in shares of Mondelez International in the 3rd quarter valued at about $29,000. Orion Capital Management LLC purchased a new position in Mondelez International during the 3rd quarter worth approximately $35,000. Impact Partnership Wealth LLC increased its position in Mondelez International by 1,865.6% during the third quarter. Impact Partnership Wealth LLC now owns 629 shares of the company’s stock worth $44,000 after buying an additional 597 shares during the period. Finally, Legacy Financial Group LLC acquired a new position in Mondelez International during the third quarter worth approximately $45,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Trading Up 1.9 %

Shares of MDLZ stock opened at $69.41 on Tuesday. The business’s fifty day moving average price is $70.52 and its 200 day moving average price is $70.51. The firm has a market capitalization of $93.46 billion, a PE ratio of 19.12, a P/E/G ratio of 2.37 and a beta of 0.56. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.62 and a quick ratio of 0.43. Mondelez International, Inc. has a 1-year low of $60.75 and a 1-year high of $78.59.

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

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were paid a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 2.45%. The ex-dividend date was Wednesday, March 27th. Mondelez International’s payout ratio is currently 46.83%.

Analyst Upgrades and Downgrades

MDLZ has been the subject of several research analyst reports. Citigroup decreased 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. StockNews.com cut shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Barclays dropped their price objective on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. JPMorgan Chase & Co. decreased their target price on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. Finally, Stifel Nicolaus raised their price target on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. One investment analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and a consensus target price of $80.89.

About Mondelez International

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.