Opus Capital Group LLC Has $474,000 Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Opus Capital Group LLC trimmed its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 17.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,932 shares of the company’s stock after selling 1,701 shares during the period. Opus Capital Group LLC’s holdings in Mondelez International were worth $474,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Creative Planning raised its stake in Mondelez International by 4.8% during the 3rd quarter. Creative Planning now owns 343,226 shares of the company’s stock valued at $25,285,000 after purchasing an additional 15,845 shares during the last quarter. Global Retirement Partners LLC raised its stake in Mondelez International by 14.2% during the 3rd quarter. Global Retirement Partners LLC now owns 18,278 shares of the company’s stock valued at $1,347,000 after purchasing an additional 2,270 shares during the last quarter. V Square Quantitative Management LLC raised its stake in Mondelez International by 77.8% during the 3rd quarter. V Square Quantitative Management LLC now owns 5,740 shares of the company’s stock valued at $423,000 after purchasing an additional 2,511 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in Mondelez International by 2.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 453,653 shares of the company’s stock valued at $33,421,000 after purchasing an additional 9,353 shares during the last quarter. Finally, Everett Harris & Co. CA raised its stake in Mondelez International by 3.0% during the 3rd quarter. Everett Harris & Co. CA now owns 8,331 shares of the company’s stock valued at $614,000 after purchasing an additional 239 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on MDLZ. Wells Fargo & Company cut their target price on shares of Mondelez International from $61.00 to $54.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 5th. Jefferies Financial Group lowered shares of Mondelez International from a “buy” rating to a “hold” rating and lowered their price target for the company from $75.00 to $62.00 in a report on Tuesday, January 21st. DZ Bank lowered shares of Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 price target on the stock. in a report on Friday, February 7th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating on the stock in a report on Wednesday, January 22nd. Finally, Stifel Nicolaus lowered their price target on shares of Mondelez International from $82.00 to $70.00 and set a “buy” rating on the stock in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and an average price target of $69.74.

Mondelez International Stock Down 0.6 %

MDLZ opened at $60.82 on Monday. The firm’s 50-day simple moving average is $58.98 and its 200-day simple moving average is $66.13. The firm has a market cap of $81.33 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 4.04 and a beta of 0.54. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.42 and a current ratio of 0.68. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. Equities research analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be given a dividend of $0.47 per share. The ex-dividend date is Monday, March 31st. This represents a $1.88 annualized dividend and a yield of 3.09%. Mondelez International’s dividend payout ratio (DPR) is 54.97%.

Mondelez International declared that its Board of Directors has initiated a stock buyback program on Wednesday, December 11th that authorizes the company to buyback $9.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its shares are 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.