Opus Capital Group LLC Acquires 586 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Opus Capital Group LLC increased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,023 shares of the company’s stock after purchasing an additional 586 shares during the period. Opus Capital Group LLC’s holdings in Mondelez International were worth $726,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of MDLZ. Oakworth Capital Inc. boosted its holdings in Mondelez International by 29.5% during the fourth quarter. Oakworth Capital Inc. now owns 2,393 shares of the company’s stock valued at $173,000 after acquiring an additional 545 shares during the period. Alpha Omega Wealth Management LLC boosted its holdings in Mondelez International by 2.2% during the fourth quarter. Alpha Omega Wealth Management LLC now owns 82,020 shares of the company’s stock valued at $5,941,000 after acquiring an additional 1,739 shares during the period. Guidance Capital Inc. lifted its stake in shares of Mondelez International by 15.8% in the fourth quarter. Guidance Capital Inc. now owns 9,271 shares of the company’s stock valued at $685,000 after buying an additional 1,265 shares during the period. Tyche Wealth Partners LLC bought a new stake in shares of Mondelez International in the fourth quarter valued at about $596,000. Finally, Avior Wealth Management LLC lifted its stake in shares of Mondelez International by 3.5% in the fourth quarter. Avior Wealth Management LLC now owns 5,023 shares of the company’s stock valued at $364,000 after buying an additional 169 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on MDLZ shares. Barclays reduced their target price on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. Citigroup dropped their price target on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research report on Thursday, April 11th. JPMorgan Chase & Co. dropped their price objective on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Stifel Nicolaus raised their price objective on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. One investment analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $80.89.

Mondelez International Stock Up 0.8 %

Shares of NASDAQ:MDLZ traded up $0.53 during midday trading on Wednesday, reaching $66.51. 6,636,774 shares of the company were exchanged, compared to its average volume of 7,569,874. Mondelez International, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $78.59. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60. The stock has a fifty day simple moving average of $71.02 and a two-hundred day simple moving average of $70.50. The firm has a market cap of $89.55 billion, a PE ratio of 18.25, a P/E/G ratio of 2.29 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $9.31 billion. During the same period last year, the business posted $0.73 earnings per share. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. As a group, sell-side analysts forecast that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Shareholders 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 annualized dividend and a yield of 2.56%. Mondelez International’s payout ratio is currently 46.83%.

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.