Mondelez International, Inc. $MDLZ Stock Position Reduced by MPS Loria Financial Planners LLC

MPS Loria Financial Planners LLC lessened its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,320 shares of the company’s stock after selling 242 shares during the period. MPS Loria Financial Planners LLC’s holdings in Mondelez International were worth $359,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Hamlin Capital Management LLC lifted its holdings in Mondelez International by 68.9% during the 2nd quarter. Hamlin Capital Management LLC now owns 1,596,895 shares of the company’s stock worth $107,695,000 after buying an additional 651,404 shares during the last quarter. Hoese & Co LLP bought a new position in Mondelez International during the 2nd quarter worth approximately $67,000. Nicholson Wealth Management Group LLC lifted its holdings in Mondelez International by 1.1% during the 2nd quarter. Nicholson Wealth Management Group LLC now owns 23,841 shares of the company’s stock worth $1,608,000 after buying an additional 266 shares during the last quarter. Chevy Chase Trust Holdings LLC lifted its holdings in Mondelez International by 0.8% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 701,040 shares of the company’s stock worth $47,278,000 after buying an additional 5,472 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in Mondelez International by 5.1% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 63,903 shares of the company’s stock worth $4,310,000 after buying an additional 3,083 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Up 1.4%

Shares of Mondelez International stock opened at $62.46 on Friday. The business’s fifty day moving average price is $62.22 and its two-hundred day moving average price is $65.26. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.64 and a quick ratio of 0.39. The company has a market capitalization of $80.82 billion, a P/E ratio of 22.88, a PEG ratio of 5.51 and a beta of 0.45. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $71.82.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 11th. The company reported $0.66 earnings per share for the quarter. The firm had revenue of $7.30 billion for the quarter. Mondelez International had a return on equity of 15.35% and a net margin of 9.84%. As a group, research analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 14th. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Tuesday, September 30th. This is an increase from Mondelez International’s previous quarterly dividend of $0.47. Mondelez International’s dividend payout ratio (DPR) is presently 73.26%.

Analyst Upgrades and Downgrades

MDLZ has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their price target on Mondelez International from $75.00 to $74.00 and set an “overweight” rating on the stock in a research report on Friday. Jefferies Financial Group upgraded Mondelez International from a “hold” rating to a “buy” rating and increased their price target for the stock from $66.00 to $78.00 in a research report on Thursday, July 17th. Berenberg Bank cut Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 price target on the stock. in a research report on Thursday, October 2nd. Barclays increased their price target on Mondelez International from $74.00 to $77.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Mondelez International in a research report on Tuesday. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $70.84.

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.