Well Done LLC Makes New $225,000 Investment in Mondelez International, Inc. (NASDAQ:MDLZ)

Well Done LLC purchased a new position in Mondelez International, Inc. (NASDAQ:MDLZ) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 3,112 shares of the company’s stock, valued at approximately $225,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Beacon Capital Management LLC boosted its stake in shares of Mondelez International by 15.9% during the 4th quarter. Beacon Capital Management LLC now owns 1,019 shares of the company’s stock valued at $71,000 after buying an additional 140 shares during the last quarter. Johnson & White Wealth Management LLC boosted its stake in shares of Mondelez International by 3.2% during the 4th quarter. Johnson & White Wealth Management LLC now owns 4,520 shares of the company’s stock valued at $327,000 after buying an additional 141 shares during the last quarter. Hancock Whitney Corp boosted its stake in shares of Mondelez International by 2.6% during the 1st quarter. Hancock Whitney Corp now owns 5,553 shares of the company’s stock valued at $388,000 after buying an additional 143 shares during the last quarter. Oak Hill Wealth Advisors LLC lifted its stake in Mondelez International by 5.0% during the third quarter. Oak Hill Wealth Advisors LLC now owns 3,130 shares of the company’s stock worth $217,000 after purchasing an additional 149 shares during the last quarter. Finally, Prentice Wealth Management LLC lifted its stake in Mondelez International by 3.3% during the fourth quarter. Prentice Wealth Management LLC now owns 4,729 shares of the company’s stock worth $343,000 after purchasing an additional 153 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on MDLZ. Citigroup began coverage on Mondelez International in a research note on Thursday, February 1st. They set a “buy” rating and a $87.00 price objective on the stock. Stifel Nicolaus raised their price objective on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. JPMorgan Chase & Co. reduced their price objective on Mondelez International from $84.00 to $82.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 29th. Finally, Barclays increased their target price on Mondelez International from $79.00 to $80.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 16th. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $81.37.

Mondelez International Stock Performance

Shares of MDLZ traded down $0.07 during trading hours on Thursday, reaching $70.03. 4,287,626 shares of the company’s stock traded hands, compared to its average volume of 7,176,126. The firm has a market capitalization of $95.30 billion, a price-to-earnings ratio of 19.31, a P/E/G ratio of 2.38 and a beta of 0.57. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.62 and a quick ratio of 0.43. Mondelez International, Inc. has a twelve month low of $60.75 and a twelve month high of $78.59. The business’s fifty day simple moving average is $73.03 and its two-hundred day simple moving average is $70.80.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) 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 firm had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.31 billion. During the same period in the previous year, the company earned $0.73 earnings per share. Mondelez International’s revenue was up 7.1% compared to the same quarter last year. Analysts predict that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 11th. Investors of record on Thursday, March 28th will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 2.43%. The ex-dividend date of this dividend is Wednesday, March 27th. Mondelez International’s dividend payout ratio is presently 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.