Foyston Gordon & Payne Inc Grows Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Foyston Gordon & Payne Inc lifted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 0.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 114,559 shares of the company’s stock after buying an additional 350 shares during the quarter. Mondelez International makes up approximately 1.8% of Foyston Gordon & Payne Inc’s investment portfolio, making the stock its 19th biggest holding. Foyston Gordon & Payne Inc’s holdings in Mondelez International were worth $6,843,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of MDLZ. Glass Jacobson Investment Advisors llc increased its holdings in Mondelez International by 6.7% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company’s stock worth $160,000 after purchasing an additional 168 shares during the period. First Horizon Advisors Inc. raised its holdings in shares of Mondelez International by 1.8% in the fourth quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company’s stock valued at $627,000 after acquiring an additional 181 shares in the last quarter. Traphagen Investment Advisors LLC lifted its stake in Mondelez International by 0.8% in the fourth quarter. Traphagen Investment Advisors LLC now owns 23,619 shares of the company’s stock worth $1,411,000 after acquiring an additional 187 shares during the period. Core Alternative Capital grew its holdings in Mondelez International by 1.7% during the 4th quarter. Core Alternative Capital now owns 11,448 shares of the company’s stock worth $684,000 after acquiring an additional 187 shares in the last quarter. Finally, Waldron Private Wealth LLC increased its position in Mondelez International by 1.0% during the 4th quarter. Waldron Private Wealth LLC now owns 19,496 shares of the company’s stock valued at $1,164,000 after purchasing an additional 191 shares during the period. Institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on MDLZ. Argus cut shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. Barclays upped their target price on Mondelez International from $71.00 to $74.00 and gave the stock an “overweight” rating in a report on Thursday, May 1st. UBS Group lifted their price target on Mondelez International from $60.00 to $69.00 and gave the company a “neutral” rating in a report on Thursday, April 17th. Deutsche Bank Aktiengesellschaft decreased their price objective on Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a research note on Wednesday, January 22nd. Finally, Morgan Stanley lifted their target price on Mondelez International from $69.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, April 30th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and an average target price of $70.55.

Mondelez International Trading Down 1.3 %

Shares of Mondelez International stock opened at $66.37 on Friday. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06. The firm’s 50 day simple moving average is $66.41 and its two-hundred day simple moving average is $63.58. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $85.94 billion, a price-to-earnings ratio of 19.41, a PEG ratio of 4.34 and a beta of 0.50.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.07. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The firm had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.37 billion. During the same period in the prior year, the firm earned $0.93 EPS. The firm’s revenue was up .2% on a year-over-year basis. Analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.83%. The ex-dividend date of this dividend was Monday, March 31st. Mondelez International’s payout ratio is 69.89%.

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.