Tempus Wealth Planning LLC Has $221,000 Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Tempus Wealth Planning LLC grew its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 8.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,699 shares of the company’s stock after buying an additional 276 shares during the period. Tempus Wealth Planning LLC’s holdings in Mondelez International were worth $221,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Calamos Wealth Management LLC lifted its holdings in Mondelez International by 6.1% during the fourth quarter. Calamos Wealth Management LLC now owns 5,681 shares of the company’s stock worth $339,000 after acquiring an additional 327 shares in the last quarter. Patron Partners LLC raised its position in shares of Mondelez International by 2.9% during the fourth quarter. Patron Partners LLC now owns 17,804 shares of the company’s stock worth $1,063,000 after purchasing an additional 496 shares during the period. Brentview Investment Management LLC bought a new position in shares of Mondelez International during the 4th quarter valued at about $3,036,000. Princeton Global Asset Management LLC grew its position in shares of Mondelez International by 38.5% in the 4th quarter. Princeton Global Asset Management LLC now owns 4,606 shares of the company’s stock valued at $275,000 after purchasing an additional 1,280 shares during the period. Finally, Oregon Pacific Wealth Management LLC bought a new stake in Mondelez International during the 4th quarter worth approximately $376,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $56.12 on Wednesday. The company has a fifty day moving average price of $59.94 and a two-hundred day moving average price of $66.60. Mondelez International, Inc. has a one year low of $55.88 and a one year high of $76.69. The stock has a market cap of $75.04 billion, a P/E ratio of 19.90, a P/E/G ratio of 3.12 and a beta of 0.54. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.63 and a quick ratio of 0.42.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. As a group, equities analysts predict that Mondelez International, Inc. will post 3.44 EPS for the current year.

Mondelez International declared that its board has approved a share buyback program on Wednesday, December 11th that authorizes the company to buyback $9.00 billion in shares. This buyback authorization authorizes the company to purchase up to 10.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend was Tuesday, December 31st. Mondelez International’s payout ratio is presently 66.67%.

Analysts Set New Price Targets

MDLZ has been the subject of several research analyst reports. UBS Group reduced their price target on shares of Mondelez International from $76.00 to $63.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Redburn Atlantic began coverage on Mondelez International in a report on Tuesday, October 22nd. They set a “buy” rating and a $82.00 target price for the company. Jefferies Financial Group lowered Mondelez International from a “buy” rating to a “hold” rating and cut their price target for the company from $75.00 to $62.00 in a report on Tuesday, January 21st. Wells Fargo & Company reiterated an “equal weight” rating and set a $61.00 price objective (down from $74.00) on shares of Mondelez International in a report on Tuesday, January 7th. Finally, Bank of America boosted their target price on Mondelez International from $80.00 to $84.00 and gave the company a “buy” rating in a research note on Tuesday, October 15th. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and a consensus target price of $72.76.

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.