Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by New Hampshire Trust

New Hampshire Trust lessened its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 8.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,109 shares of the company’s stock after selling 855 shares during the quarter. New Hampshire Trust’s holdings in Mondelez International were worth $638,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of MDLZ. Bogart Wealth LLC raised its position in shares of Mondelez International by 63.9% in the fourth quarter. Bogart Wealth LLC now owns 359 shares of the company’s stock worth $26,000 after acquiring an additional 140 shares during the period. Ables Iannone Moore & Associates Inc. acquired a new position in Mondelez International in the 4th quarter worth about $26,000. HHM Wealth Advisors LLC purchased a new position in Mondelez International during the fourth quarter worth approximately $29,000. Transcendent Capital Group LLC acquired a new stake in Mondelez International in the fourth quarter valued at approximately $34,000. Finally, Orion Capital Management LLC purchased a new stake in shares of Mondelez International in the third quarter valued at approximately $35,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. TD Cowen decreased their target price on Mondelez International from $83.00 to $79.00 and set a “buy” rating on the stock in a research report on Thursday, June 6th. JPMorgan Chase & Co. decreased their price objective on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Sanford C. Bernstein lifted their target price on shares of Mondelez International from $88.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. Barclays reduced their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Finally, Evercore ISI lowered their price objective on Mondelez International from $80.00 to $79.00 and set an “outperform” rating on the stock in a report on Tuesday, June 4th. One equities research analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. According to MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $80.22.

Mondelez International Trading Up 0.0 %

NASDAQ MDLZ traded up $0.03 on Thursday, reaching $66.20. 1,009,170 shares of the company were exchanged, compared to its average volume of 7,239,423. Mondelez International, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $77.20. The stock has a market capitalization of $88.80 billion, a P/E ratio of 21.01, a price-to-earnings-growth ratio of 2.54 and a beta of 0.54. The business’s fifty day moving average price is $68.88 and its 200 day moving average price is $71.03. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 0.59.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The firm had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.16 billion. During the same quarter in the previous year, the company posted $0.89 EPS. The company’s revenue was up 1.4% compared to the same quarter last year. Analysts forecast that Mondelez International, Inc. will post 3.49 earnings per share for the current year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 12th. Stockholders of record on Friday, June 28th will be issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.57%. Mondelez International’s dividend payout ratio is currently 53.97%.

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.