Kintegral Advisory LLC Sells 1,415 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Kintegral Advisory LLC trimmed its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,383 shares of the company’s stock after selling 1,415 shares during the quarter. Kintegral Advisory LLC’s holdings in Mondelez International were worth $1,829,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Truvestments Capital LLC bought a new stake in shares of Mondelez International in the 3rd quarter valued at approximately $25,000. Prospera Private Wealth LLC purchased a new stake in Mondelez International during the 3rd quarter valued at $27,000. Hager Investment Management Services LLC bought a new stake in Mondelez International in the fourth quarter worth $27,000. Richardson Financial Services Inc. boosted its stake in Mondelez International by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock worth $28,000 after buying an additional 200 shares during the period. Finally, McClarren Financial Advisors Inc. bought a new position in Mondelez International during the fourth quarter valued at $32,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $64.70 on Friday. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $76.06. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68. The company has a market cap of $83.69 billion, a PE ratio of 18.92, a P/E/G ratio of 4.34 and a beta of 0.54. The business has a 50-day simple moving average of $58.98 and a two-hundred day simple moving average of $65.89.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. As a group, equities analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be given a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.91%. The ex-dividend date of this dividend is Monday, March 31st. Mondelez International’s payout ratio is 54.97%.

Mondelez International announced that its board has authorized a stock buyback plan on Wednesday, December 11th that permits the company to buyback $9.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MDLZ. Wells Fargo & Company dropped their price target on shares of Mondelez International from $61.00 to $54.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 5th. Jefferies Financial Group lowered shares of Mondelez International from a “buy” rating to a “hold” rating and decreased their price objective for the company from $75.00 to $62.00 in a report on Tuesday, January 21st. UBS Group reduced their target price on shares of Mondelez International from $76.00 to $63.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Mizuho lifted their price objective on Mondelez International from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Friday, February 14th. Finally, Stifel Nicolaus dropped their price objective on shares of Mondelez International from $82.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and a consensus target price of $69.74.

Mondelez International Company 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.