Advisory Alpha LLC Has $595,000 Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Advisory Alpha LLC increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 12.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,957 shares of the company’s stock after acquiring an additional 1,104 shares during the period. Advisory Alpha LLC’s holdings in Mondelez International were worth $595,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in MDLZ. Davis Capital Management grew its stake in shares of Mondelez International by 19.7% during the 4th quarter. Davis Capital Management now owns 11,366 shares of the company’s stock worth $679,000 after acquiring an additional 1,872 shares in the last quarter. Eads & Heald Wealth Management boosted its holdings in Mondelez International by 3.6% during the fourth quarter. Eads & Heald Wealth Management now owns 8,505 shares of the company’s stock worth $508,000 after purchasing an additional 295 shares during the last quarter. Traphagen Investment Advisors LLC grew its position in Mondelez International by 0.8% in the fourth quarter. Traphagen Investment Advisors LLC now owns 23,619 shares of the company’s stock valued at $1,411,000 after purchasing an additional 187 shares in the last quarter. Simon Quick Advisors LLC increased its stake in Mondelez International by 12.8% in the 4th quarter. Simon Quick Advisors LLC now owns 8,284 shares of the company’s stock valued at $495,000 after buying an additional 939 shares during the last quarter. Finally, Exchange Bank lifted its position in Mondelez International by 5.5% during the 4th quarter. Exchange Bank now owns 11,237 shares of the company’s stock worth $671,000 after buying an additional 590 shares in the last quarter. 78.32% of the stock is owned by institutional investors.

Mondelez International Price Performance

Mondelez International stock opened at $56.31 on Thursday. The company has a market capitalization of $75.30 billion, a price-to-earnings ratio of 19.97, a PEG ratio of 3.12 and a beta of 0.54. The stock’s 50 day moving average is $61.25 and its 200-day moving average is $67.13. The company has a current ratio of 0.63, a quick ratio of 0.42 and a debt-to-equity ratio of 0.59. Mondelez International, Inc. has a 12 month low of $55.97 and a 12 month high of $77.20.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.14. The firm had revenue of $9.20 billion for the quarter, compared to analysts’ expectations of $9.11 billion. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.82 EPS. Equities research analysts expect that Mondelez International, Inc. will post 3.47 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date was Tuesday, December 31st. Mondelez International’s dividend payout ratio is currently 66.67%.

Mondelez International announced that its board has authorized a share repurchase plan on Wednesday, December 11th that allows the company to repurchase $9.00 billion in shares. This repurchase authorization allows the company to purchase up to 10.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on MDLZ shares. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $61.00 target price (down previously from $74.00) on shares of Mondelez International in a research report on Tuesday, January 7th. Redburn Atlantic initiated coverage on Mondelez International in a research report on Tuesday, October 22nd. They set a “buy” rating and a $82.00 price target on the stock. Bank of America increased their price objective on Mondelez International from $80.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating on the stock in a report on Wednesday. Finally, Jefferies Financial Group cut shares of Mondelez International from a “buy” rating to a “hold” rating and cut their price target for the company from $75.00 to $62.00 in a research note on Tuesday. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $73.81.

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.