Opera Trading Capital Buys New Stake in Mondelez International Inc (MDLZ)

Opera Trading Capital bought a new position in Mondelez International Inc (NASDAQ:MDLZ) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 27,000 shares of the company’s stock, valued at approximately $1,156,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Beach Investment Management LLC. acquired a new position in shares of Mondelez International in the second quarter worth about $441,000. Wedbush Securities Inc. lifted its stake in shares of Mondelez International by 25.7% in the second quarter. Wedbush Securities Inc. now owns 19,835 shares of the company’s stock worth $857,000 after acquiring an additional 4,050 shares in the last quarter. Nippon Life Global Investors Americas Inc. lifted its stake in shares of Mondelez International by 47.1% in the second quarter. Nippon Life Global Investors Americas Inc. now owns 140,540 shares of the company’s stock worth $6,069,000 after acquiring an additional 45,020 shares in the last quarter. Signature Financial Management Inc. acquired a new position in shares of Mondelez International in the second quarter worth about $263,000. Finally, Advisors Asset Management Inc. lifted its stake in shares of Mondelez International by 4,548.5% in the second quarter. Advisors Asset Management Inc. now owns 7,856 shares of the company’s stock worth $339,000 after acquiring an additional 7,687 shares in the last quarter. 76.02% of the stock is owned by institutional investors.

Shares of Mondelez International Inc (NASDAQ MDLZ) traded up $0.26 during trading on Wednesday, hitting $44.60. The stock had a trading volume of 5,407,522 shares, compared to its average volume of 7,540,719. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.51 and a quick ratio of 0.34. The firm has a market cap of $66,560.04, a PE ratio of 31.00, a price-to-earnings-growth ratio of 1.65 and a beta of 0.97. Mondelez International Inc has a fifty-two week low of $39.19 and a fifty-two week high of $47.23.

The business also recently declared a quarterly dividend, which was paid on Thursday, January 11th. Stockholders of record on Friday, December 29th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date of this dividend was Thursday, December 28th. Mondelez International’s payout ratio is 61.11%.

Several research analysts recently commented on the company. Susquehanna Bancshares reiterated a “hold” rating and issued a $48.00 price target on shares of Mondelez International in a research note on Tuesday. Piper Jaffray Companies set a $50.00 price target on Mondelez International and gave the stock a “buy” rating in a research note on Thursday, January 18th. Zacks Investment Research upgraded Mondelez International from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research note on Friday, January 12th. BidaskClub cut Mondelez International from a “sell” rating to a “strong sell” rating in a research note on Friday, January 5th. Finally, TheStreet upgraded Mondelez International from a “c+” rating to a “b” rating in a research note on Thursday, December 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $49.71.

In related news, Director Lewis W. K. Booth purchased 1,500 shares of the company’s stock in a transaction dated Thursday, November 9th. The shares were acquired at an average cost of $41.29 per share, for a total transaction of $61,935.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 3.60% of the stock is currently owned by corporate insiders.

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Mondelez International Company Profile

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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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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