Financial Engines Advisors L.L.C. Increases Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Financial Engines Advisors L.L.C. raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 25.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,108 shares of the company’s stock after buying an additional 1,021 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in Mondelez International were worth $305,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Mitsubishi UFJ Trust & Banking Corp increased its position in Mondelez International by 2.8% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 790,722 shares of the company’s stock worth $47,230,000 after purchasing an additional 21,883 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of Mondelez International by 3.9% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 46,234 shares of the company’s stock valued at $2,762,000 after buying an additional 1,730 shares during the period. Signature Estate & Investment Advisors LLC increased its holdings in shares of Mondelez International by 5.0% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 33,569 shares of the company’s stock worth $2,005,000 after buying an additional 1,609 shares during the last quarter. Zions Bancorporation N.A. raised its position in shares of Mondelez International by 51.2% during the 4th quarter. Zions Bancorporation N.A. now owns 31,621 shares of the company’s stock valued at $1,889,000 after buying an additional 10,707 shares during the period. Finally, CoreFirst Bank & Trust acquired a new position in Mondelez International in the fourth quarter valued at approximately $301,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Trading Up 0.3 %

Shares of NASDAQ:MDLZ opened at $67.72 on Friday. The company has a market cap of $87.60 billion, a PE ratio of 19.80, a P/E/G ratio of 4.34 and a beta of 0.50. The company’s 50 day moving average is $62.25 and its two-hundred day moving average is $64.88. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. Equities analysts predict that Mondelez International, Inc. will post 2.9 earnings per share 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. Shareholders of record on Monday, March 31st will be paid a $0.47 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.88 annualized dividend and a yield of 2.78%. Mondelez International’s dividend payout ratio is currently 54.97%.

Mondelez International declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, December 11th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on MDLZ shares. Citigroup cut their target price on Mondelez International from $78.00 to $71.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Jefferies Financial Group downgraded Mondelez International from a “buy” rating to a “hold” rating and cut their price objective for the stock from $75.00 to $62.00 in a research report on Tuesday, January 21st. Dbs Bank cut shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 7th. Barclays dropped their price target on shares of Mondelez International from $69.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, February 6th. Finally, UBS Group decreased their price objective 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. One analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $69.50.

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.