Simplicity Solutions LLC Acquires 2,543 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Simplicity Solutions LLC increased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 10.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,509 shares of the company’s stock after buying an additional 2,543 shares during the quarter. Simplicity Solutions LLC’s holdings in Mondelez International were worth $1,992,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Tyler Stone Wealth Management purchased a new stake in shares of Mondelez International in the 2nd quarter worth $25,000. Retirement Group LLC purchased a new stake in shares of Mondelez International in the 4th quarter worth $25,000. Carmel Capital Partners LLC purchased a new stake in shares of Mondelez International in the 3rd quarter worth $28,000. First Command Advisory Services Inc. purchased a new stake in shares of Mondelez International in the 3rd quarter worth $29,000. Finally, DHJJ Financial Advisors Ltd. purchased a new stake in shares of Mondelez International in the 3rd quarter worth $34,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Down 0.1 %

NASDAQ MDLZ opened at $66.69 on Monday. 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 capitalization of $89.80 billion, a P/E ratio of 18.37, a P/E/G 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. The stock has a 50 day moving average price of $71.39 and a 200-day moving average price of $70.55.

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

Mondelez International Dividend Announcement

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

Wall Street Analysts Forecast Growth

MDLZ has been the subject of several analyst reports. Citigroup reduced their price objective on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research note on Thursday. JPMorgan Chase & Co. reduced their price objective on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research note on Friday. Barclays reduced their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research note on Friday. Stifel Nicolaus upped their target price on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. One investment analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $80.89.

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.