Sequoia Financial Advisors LLC Increases Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Sequoia Financial Advisors LLC raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 64.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,576 shares of the company’s stock after purchasing an additional 10,848 shares during the period. Sequoia Financial Advisors LLC’s holdings in Mondelez International were worth $1,997,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Tyler Stone Wealth Management acquired a new stake in Mondelez International in the 2nd quarter valued at about $25,000. Retirement Group LLC acquired a new stake in Mondelez International in the 4th quarter valued at about $25,000. Carmel Capital Partners LLC acquired a new stake in Mondelez International in the 3rd quarter valued at about $28,000. First Command Advisory Services Inc. acquired a new stake in shares of Mondelez International during the 3rd quarter worth about $29,000. Finally, Halpern Financial Inc. raised its position in shares of Mondelez International by 585.3% during the 3rd quarter. Halpern Financial Inc. now owns 466 shares of the company’s stock worth $32,000 after acquiring an additional 398 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on MDLZ shares. Barclays cut their target price on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research report on Friday. Stifel Nicolaus raised their target price on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. StockNews.com lowered Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Citigroup cut their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, January 18th. One research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.89.

Mondelez International Stock Down 0.1 %

MDLZ opened at $66.69 on Friday. The business’s fifty day moving average is $71.39 and its two-hundred day moving average is $70.54. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.43 and a current ratio of 0.62. The company has a market cap of $89.80 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 2.32 and a beta of 0.56. Mondelez International, Inc. has a one year low of $60.75 and a one year high of $78.59.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The company had revenue of $9.31 billion during the quarter, compared to analysts’ expectations of $9.31 billion. During the same period in the previous year, the firm posted $0.73 earnings per share. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. Analysts anticipate that Mondelez International, Inc. will post 3.52 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were paid a $0.425 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 annualized dividend and a yield of 2.55%. Mondelez International’s payout ratio is currently 46.83%.

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.