Hills Bank & Trust Co Buys 187 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Hills Bank & Trust Co grew its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 0.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,618 shares of the company’s stock after purchasing an additional 187 shares during the period. Hills Bank & Trust Co’s holdings in Mondelez International were worth $3,247,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Bogart Wealth LLC boosted its stake in shares of Mondelez International by 63.9% during the 4th quarter. Bogart Wealth LLC now owns 359 shares of the company’s stock worth $26,000 after purchasing an additional 140 shares during the period. Ables Iannone Moore & Associates Inc. bought a new position in shares of Mondelez International during the fourth quarter valued at approximately $26,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Mondelez International during the second quarter valued at approximately $26,000. Lynx Investment Advisory purchased a new stake in shares of Mondelez International in the second quarter worth approximately $27,000. Finally, HHM Wealth Advisors LLC bought a new stake in shares of Mondelez International during the 4th quarter worth approximately $29,000. 78.32% of the stock is owned by institutional investors.

Mondelez International Price Performance

NASDAQ MDLZ traded up $0.40 during trading hours on Friday, hitting $71.23. 4,586,583 shares of the company’s stock traded hands, compared to its average volume of 7,108,463. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.63. The firm’s 50-day moving average is $67.64 and its 200-day moving average is $69.29. Mondelez International, Inc. has a 52-week low of $60.75 and a 52-week high of $77.20. The company has a market capitalization of $95.55 billion, a PE ratio of 22.61, a PEG ratio of 2.76 and a beta of 0.53.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, July 30th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.07. Mondelez International had a net margin of 10.97% and a return on equity of 16.69%. The firm had revenue of $8.34 billion during the quarter, compared to analyst estimates of $8.45 billion. During the same quarter in the prior year, the firm posted $0.76 earnings per share. Mondelez International’s quarterly revenue was down 1.9% on a year-over-year basis. Equities analysts forecast that Mondelez International, Inc. will post 3.49 EPS for the current fiscal year.

Mondelez International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 14th. Stockholders of record on Monday, September 30th will be paid a $0.47 dividend. This is a positive change from Mondelez International’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Monday, September 30th. This represents a $1.88 annualized dividend and a dividend yield of 2.64%. Mondelez International’s dividend payout ratio (DPR) is presently 59.68%.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Stifel Nicolaus cut their price objective on Mondelez International from $80.00 to $75.00 and set a “buy” rating on the stock in a research report on Tuesday, July 23rd. JPMorgan Chase & Co. upped their price target on shares of Mondelez International from $72.00 to $73.00 and gave the stock an “overweight” rating in a report on Wednesday, July 31st. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Mondelez International from $78.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. TD Cowen lowered their price objective on shares of Mondelez International from $83.00 to $79.00 and set a “buy” rating for the company in a research report on Thursday, June 6th. Finally, Bank of America reduced their target price on shares of Mondelez International from $82.00 to $80.00 and set a “buy” rating on the stock in a research report on Wednesday, July 10th. One analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $78.61.

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.