Argonautica Private Wealth Management Inc. Lowers Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Argonautica Private Wealth Management Inc. lessened its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 0.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 40,232 shares of the company’s stock after selling 210 shares during the period. Mondelez International comprises 1.2% of Argonautica Private Wealth Management Inc.’s holdings, making the stock its 22nd biggest position. Argonautica Private Wealth Management Inc.’s holdings in Mondelez International were worth $2,914,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Carmel Capital Partners LLC purchased a new stake in shares of Mondelez International in the 3rd quarter worth approximately $28,000. First Command Advisory Services Inc. bought a new position in shares of Mondelez International during the 3rd quarter worth approximately $29,000. Orion Capital Management LLC bought a new position in shares of Mondelez International during the 3rd quarter worth approximately $35,000. Impact Partnership Wealth LLC increased its stake in Mondelez International by 1,865.6% during the 3rd quarter. Impact Partnership Wealth LLC now owns 629 shares of the company’s stock valued at $44,000 after purchasing an additional 597 shares in the last quarter. Finally, Legacy Financial Group LLC acquired a new position in Mondelez International during the 3rd quarter valued at approximately $45,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Down 0.3 %

Shares of MDLZ traded down $0.19 during trading on Friday, reaching $70.61. 7,145,125 shares of the company traded hands, compared to its average volume of 9,491,838. Mondelez International, Inc. has a twelve month low of $60.75 and a twelve month high of $78.59. The stock has a market cap of $95.07 billion, a PE ratio of 19.45, a price-to-earnings-growth ratio of 2.46 and a beta of 0.56. The stock has a 50-day simple moving average of $70.45 and a 200-day simple moving average of $70.61. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.78 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The business had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.31 billion. During the same quarter last 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. On average, analysts anticipate that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently declared 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 of this dividend was Wednesday, March 27th. This represents a $1.70 dividend on an annualized basis and a yield of 2.41%. Mondelez International’s dividend payout ratio is currently 46.83%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Stifel Nicolaus upped their price target on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Barclays cut their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. JPMorgan Chase & Co. cut their price target on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Citigroup cut their price target on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research note on Thursday, April 11th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. One analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and an average price target of $80.89.

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.