Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its stake in Mondelez International Inc (NASDAQ:MDLZ) by 1.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 80,927 shares of the company’s stock after acquiring an additional 1,385 shares during the quarter. Mondelez International accounts for about 1.7% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s portfolio, making the stock its 20th biggest holding. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Mondelez International were worth $3,464,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently added to or reduced their stakes in MDLZ. Bank of Nova Scotia Trust Co. purchased a new position in Mondelez International in the 3rd quarter valued at $113,000. Acrospire Investment Management LLC lifted its holdings in Mondelez International by 1,450.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company’s stock valued at $134,000 after purchasing an additional 2,900 shares in the last quarter. Chicago Partners Investment Group LLC lifted its holdings in Mondelez International by 2,056.3% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock valued at $157,000 after purchasing an additional 3,434 shares in the last quarter. Rockefeller Financial Services Inc. lifted its holdings in Mondelez International by 300.0% in the 3rd quarter. Rockefeller Financial Services Inc. now owns 4,000 shares of the company’s stock valued at $163,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Tortoise Investment Management LLC lifted its holdings in Mondelez International by 232.4% in the 3rd quarter. Tortoise Investment Management LLC now owns 4,291 shares of the company’s stock valued at $174,000 after purchasing an additional 3,000 shares in the last quarter. 75.82% of the stock is currently owned by hedge funds and other institutional investors.
MDLZ has been the topic of a number of research reports. Zacks Investment Research lowered Mondelez International from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. Susquehanna Bancshares set a $45.00 price objective on Mondelez International and gave the company a “hold” rating in a report on Monday, October 30th. Credit Suisse Group raised their price objective on Mondelez International from $46.00 to $48.00 and gave the company an “outperform” rating in a report on Tuesday, October 31st. JPMorgan Chase & Co. raised their price objective on Mondelez International from $44.00 to $45.00 and gave the company an “overweight” rating in a report on Wednesday, November 1st. Finally, BidaskClub upgraded Mondelez International from a “strong sell” rating to a “sell” rating in a report on Thursday, December 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Mondelez International presently has a consensus rating of “Buy” and an average target price of $49.50.
Mondelez International Inc (NASDAQ:MDLZ) traded up $0.46 during midday trading on Friday, hitting $44.14. The stock had a trading volume of 8,893,274 shares, compared to its average volume of 8,058,584. Mondelez International Inc has a fifty-two week low of $39.19 and a fifty-two week high of $47.23. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.34 and a current ratio of 0.51. The stock has a market cap of $65,830.00, a price-to-earnings ratio of 30.65, a PEG ratio of 1.63 and a beta of 0.97.
Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Monday, October 30th. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.54 by $0.03. The business had revenue of $6.53 billion for the quarter, compared to analyst estimates of $6.45 billion. Mondelez International had a return on equity of 12.31% and a net margin of 8.61%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.52 EPS. equities research analysts expect that Mondelez International Inc will post 2.14 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 11th. Investors of record on Friday, December 29th were issued a $0.22 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.88 annualized dividend and a yield of 1.99%. Mondelez International’s dividend payout ratio (DPR) is currently 61.11%.
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About Mondelez International
Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.
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