Personal CFO Solutions LLC Sells 421 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Personal CFO Solutions LLC lessened its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 6.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,964 shares of the company’s stock after selling 421 shares during the quarter. Personal CFO Solutions LLC’s holdings in Mondelez International were worth $356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Truvestments Capital LLC bought a new position in Mondelez International in the 3rd quarter valued at $25,000. Prospera Private Wealth LLC bought a new position in Mondelez International in the 3rd quarter valued at $27,000. Marshall Investment Management LLC bought a new position in Mondelez International in the 4th quarter valued at $26,000. Hager Investment Management Services LLC bought a new position in Mondelez International in the 4th quarter valued at $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in Mondelez International in the 4th quarter valued at $31,000. Institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. DZ Bank downgraded Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 price target for the company. in a research note on Friday, February 7th. UBS Group cut their price target on Mondelez International from $76.00 to $63.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Mizuho increased their price target on Mondelez International from $64.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, February 14th. Jefferies Financial Group downgraded Mondelez International from a “buy” rating to a “hold” rating and cut their price target for the stock from $75.00 to $62.00 in a research note on Tuesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.74.

Mondelez International Stock Performance

NASDAQ:MDLZ opened at $68.15 on Tuesday. The business’s 50-day moving average price is $60.23 and its two-hundred day moving average price is $65.50. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06. The stock has a market cap of $88.15 billion, a P/E ratio of 19.93, a PEG ratio of 4.34 and a beta of 0.50. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. As a group, equities analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be issued a dividend of $0.47 per share. The ex-dividend date is Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.76%. Mondelez International’s dividend payout ratio is 54.97%.

Mondelez International declared that its Board of Directors has authorized a share buyback plan on Wednesday, December 11th that permits the company to buyback $9.00 billion in outstanding shares. This buyback authorization permits the company to repurchase up to 10.7% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

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.