Investors Sell Shares of Mondelez International (MDLZ) on Strength (MDLZ)

Traders sold shares of Mondelez International Inc (NASDAQ:MDLZ) on strength during trading hours on Monday. $43.13 million flowed into the stock on the tick-up and $73.86 million flowed out of the stock on the tick-down, for a money net flow of $30.73 million out of the stock. Of all equities tracked, Mondelez International had the 28th highest net out-flow for the day. Mondelez International traded up $0.49 for the day and closed at $50.28

A number of analysts have commented on MDLZ shares. ValuEngine raised Mondelez International from a “hold” rating to a “buy” rating in a report on Friday, March 22nd. BidaskClub lowered Mondelez International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 6th. Berenberg Bank lowered Mondelez International from a “buy” rating to a “hold” rating and set a $43.00 price objective for the company. in a report on Thursday, January 24th. Barclays reissued a “buy” rating and set a $49.00 price objective on shares of Mondelez International in a report on Friday, February 1st. Finally, Wells Fargo & Co reissued a “buy” rating on shares of Mondelez International in a report on Monday, January 28th. One analyst has rated the stock with a sell rating, four have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $47.90.

The company has a market capitalization of $71.73 billion, a price-to-earnings ratio of 20.69, a P/E/G ratio of 2.64 and a beta of 0.90. The company has a quick ratio of 0.30, a current ratio of 0.45 and a debt-to-equity ratio of 0.49.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Wednesday, January 30th. The company reported $0.63 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.63. Mondelez International had a return on equity of 14.03% and a net margin of 12.64%. The firm had revenue of $6.77 billion for the quarter, compared to the consensus estimate of $6.77 billion. During the same quarter in the previous year, the business earned $0.57 EPS. The company’s revenue was down 2.8% compared to the same quarter last year. As a group, analysts forecast that Mondelez International Inc will post 2.48 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were paid a $0.26 dividend. The ex-dividend date was Thursday, March 28th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.07%. Mondelez International’s payout ratio is presently 42.80%.

In other news, EVP Vinzenz P. Gruber sold 10,945 shares of the business’s stock in a transaction that occurred on Friday, February 1st. The stock was sold at an average price of $45.86, for a total value of $501,937.70. Following the transaction, the executive vice president now owns 139,584 shares in the company, valued at approximately $6,401,322.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Gerhard W. Pleuhs sold 29,340 shares of the business’s stock in a transaction that occurred on Wednesday, February 13th. The stock was sold at an average price of $47.72, for a total value of $1,400,104.80. Following the completion of the transaction, the executive vice president now owns 229,700 shares in the company, valued at approximately $10,961,284. The disclosure for this sale can be found here. Insiders sold a total of 72,127 shares of company stock worth $3,398,519 in the last 90 days. Company insiders own 1.50% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in MDLZ. Norges Bank purchased a new position in shares of Mondelez International in the 4th quarter worth approximately $657,626,000. Oregon Public Employees Retirement Fund lifted its stake in Mondelez International by 3,854.2% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,387,067 shares of the company’s stock valued at $160,000 after purchasing an additional 6,225,539 shares during the last quarter. Hillhouse Capital Advisors Ltd. purchased a new position in Mondelez International in the fourth quarter valued at approximately $141,276,000. Sound Shore Management Inc. CT purchased a new position in Mondelez International in the fourth quarter valued at approximately $141,109,000. Finally, BlackRock Inc. lifted its stake in Mondelez International by 4.0% in the fourth quarter. BlackRock Inc. now owns 90,450,969 shares of the company’s stock valued at $3,620,751,000 after purchasing an additional 3,487,619 shares during the last quarter. Hedge funds and other institutional investors own 76.90% of the company’s stock.

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Mondelez International Company Profile (NASDAQ:MDLZ)

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The company's primary snack brand portfolio includes Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; and Trident gums and Tang powdered beverages.

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