Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Defined Financial Planning LLC

Defined Financial Planning LLC lowered its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 11.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,434 shares of the company’s stock after selling 601 shares during the period. Defined Financial Planning LLC’s holdings in Mondelez International were worth $300,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Marshall Investment Management LLC purchased a new position in Mondelez International during the fourth quarter worth $26,000. Orion Capital Management LLC purchased a new stake in shares of Mondelez International during the fourth quarter worth about $30,000. Transce3nd LLC purchased a new position in shares of Mondelez International during the fourth quarter valued at approximately $30,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Mondelez International during the fourth quarter valued at approximately $31,000. Finally, Sierra Ocean LLC acquired a new position in Mondelez International in the 4th quarter valued at $32,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Stock Down 0.4%

NASDAQ:MDLZ opened at $66.95 on Thursday. The firm’s 50-day moving average price is $66.44 and its 200-day moving average price is $63.45. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48. The company has a market capitalization of $86.69 billion, a PE ratio of 19.58, a P/E/G ratio of 4.34 and a beta of 0.48. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.07. The firm had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.93 earnings per share. On average, equities analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.81%. The ex-dividend date is Monday, June 30th. Mondelez International’s payout ratio is currently 69.89%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. raised their price objective on Mondelez International from $64.00 to $74.00 and gave the stock an “overweight” rating in a report on Friday, April 11th. Argus downgraded Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. DA Davidson downgraded Mondelez International from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $66.00 to $68.00 in a report on Thursday, April 24th. Barclays lifted their price objective on Mondelez International from $71.00 to $74.00 and gave the company an “overweight” rating in a research note on Thursday, May 1st. Finally, Mizuho raised their price target on shares of Mondelez International from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $70.11.

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.