Mount Yale Investment Advisors LLC Invests $748,000 in Mondelez International, Inc. (NASDAQ:MDLZ)

Mount Yale Investment Advisors LLC purchased a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) during the fourth quarter, HoldingsChannel reports. The firm purchased 12,529 shares of the company’s stock, valued at approximately $748,000.

Other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Mondelez International by 5.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 103,824 shares of the company’s stock worth $6,794,000 after buying an additional 5,777 shares during the period. Quarry LP boosted its holdings in shares of Mondelez International by 100.1% during the second quarter. Quarry LP now owns 2,223 shares of the company’s stock worth $145,000 after acquiring an additional 1,112 shares during the period. EP Wealth Advisors LLC grew its position in shares of Mondelez International by 9.0% in the second quarter. EP Wealth Advisors LLC now owns 24,523 shares of the company’s stock valued at $1,605,000 after purchasing an additional 2,023 shares during the last quarter. Advisory Alpha LLC increased its stake in shares of Mondelez International by 17.5% during the second quarter. Advisory Alpha LLC now owns 7,000 shares of the company’s stock worth $458,000 after purchasing an additional 1,045 shares during the period. Finally, Ariadne Wealth Management LP acquired a new stake in Mondelez International during the 2nd quarter worth approximately $1,394,000. Institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

MDLZ has been the topic of a number of research reports. Piper Sandler decreased their price objective on Mondelez International from $84.00 to $70.00 and set an “overweight” rating on the stock in a report on Thursday, January 16th. Citigroup lowered their price target on shares of Mondelez International from $78.00 to $71.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Stifel Nicolaus cut their price objective on shares of Mondelez International from $82.00 to $70.00 and set a “buy” rating for the company in a report on Friday, January 24th. UBS Group lowered their target price on shares of Mondelez International from $76.00 to $63.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Finally, Redburn Atlantic initiated coverage on Mondelez International in a research note on Tuesday, October 22nd. They issued a “buy” rating and a $82.00 price target for the company. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $73.06.

Mondelez International Stock Down 2.4 %

Shares of NASDAQ MDLZ opened at $56.91 on Wednesday. The company has a market cap of $76.10 billion, a price-to-earnings ratio of 20.18, a PEG ratio of 2.96 and a beta of 0.54. 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. The stock has a 50-day moving average price of $60.63 and a two-hundred day moving average price of $66.90.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.14. The business had revenue of $9.20 billion during the quarter, compared to analysts’ expectations of $9.11 billion. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.82 EPS. As a group, analysts forecast that Mondelez International, Inc. will post 3.45 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.88 annualized dividend and a dividend yield of 3.30%. Mondelez International’s dividend payout ratio (DPR) is presently 66.67%.

Mondelez International announced that its board has authorized a stock buyback plan on Wednesday, December 11th that permits the company to buyback $9.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 10.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its stock is undervalued.

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.