Tiedemann Advisors LLC cut its holdings in shares of Mondelez International Inc (NASDAQ:MDLZ) by 18.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,530 shares of the company’s stock after selling 3,147 shares during the quarter. Tiedemann Advisors LLC’s holdings in Mondelez International were worth $748,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Voya Investment Management LLC boosted its holdings in shares of Mondelez International by 1.3% during the 3rd quarter. Voya Investment Management LLC now owns 2,522,735 shares of the company’s stock valued at $139,557,000 after buying an additional 32,108 shares in the last quarter. Voya Financial Advisors Inc. boosted its stake in Mondelez International by 21.7% in the 3rd quarter. Voya Financial Advisors Inc. now owns 11,170 shares of the company’s stock worth $619,000 after purchasing an additional 1,991 shares in the last quarter. State Street Corp boosted its stake in Mondelez International by 3.4% in the 3rd quarter. State Street Corp now owns 67,155,778 shares of the company’s stock worth $3,734,164,000 after purchasing an additional 2,221,137 shares in the last quarter. Vestor Capital LLC raised its position in Mondelez International by 222.6% in the 3rd quarter. Vestor Capital LLC now owns 2,752 shares of the company’s stock worth $152,000 after buying an additional 1,899 shares during the last quarter. Finally, Stifel Financial Corp raised its position in Mondelez International by 3.4% in the 3rd quarter. Stifel Financial Corp now owns 811,700 shares of the company’s stock worth $44,876,000 after buying an additional 26,691 shares during the last quarter. 78.61% of the stock is currently owned by institutional investors.

In related news, Director Peter W. May sold 1,177,012 shares of the business’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $57.67, for a total value of $67,878,282.04. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.50% of the company’s stock.

A number of equities analysts have weighed in on the company. BidaskClub raised Mondelez International from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Evercore ISI reissued a “buy” rating and issued a $62.00 target price on shares of Mondelez International in a research report on Monday, January 27th. Wells Fargo & Co boosted their target price on Mondelez International from $65.00 to $68.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Morgan Stanley reduced their price target on shares of Mondelez International from $63.00 to $56.00 and set an “overweight” rating for the company in a research report on Monday. Finally, Buckingham Research upped their price target on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have issued a buy rating to the stock. Mondelez International currently has a consensus rating of “Buy” and a consensus price target of $61.07.

MDLZ stock traded down $0.55 during trading on Wednesday, reaching $46.11. 12,418,484 shares of the company traded hands, compared to its average volume of 9,303,332. Mondelez International Inc has a 12 month low of $41.19 and a 12 month high of $59.96. The business has a 50 day simple moving average of $54.44 and a 200 day simple moving average of $54.24. The company has a market capitalization of $60.08 billion, a price-to-earnings ratio of 17.33, a price-to-earnings-growth ratio of 2.28 and a beta of 0.76. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.33 and a current ratio of 0.50.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Wednesday, January 29th. The company reported $0.61 EPS for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.01. Mondelez International had a return on equity of 13.56% and a net margin of 14.96%. The firm had revenue of $6.91 billion during the quarter, compared to the consensus estimate of $6.84 billion. During the same quarter in the previous year, the company posted $0.63 earnings per share. The company’s revenue was up 2.1% compared to the same quarter last year. As a group, research analysts forecast that Mondelez International Inc will post 2.63 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be paid a $0.285 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date is Monday, March 30th. Mondelez International’s dividend payout ratio is presently 46.15%.

Mondelez International Profile

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

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