Town & Country Bank & Trust CO dba First Bankers Trust CO Has $4.24 Million Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 6.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,998 shares of the company’s stock after acquiring an additional 4,177 shares during the period. Mondelez International makes up approximately 1.7% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings, making the stock its 13th biggest holding. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Mondelez International were worth $4,241,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Mondelez International by 5.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 103,824 shares of the company’s stock worth $6,794,000 after buying an additional 5,777 shares in the last quarter. Quarry LP boosted its stake in Mondelez International by 100.1% during the second quarter. Quarry LP now owns 2,223 shares of the company’s stock worth $145,000 after acquiring an additional 1,112 shares in the last quarter. Wallace Capital Management Inc. boosted its position in shares of Mondelez International by 2.1% during the 2nd quarter. Wallace Capital Management Inc. now owns 37,004 shares of the company’s stock worth $2,422,000 after purchasing an additional 762 shares in the last quarter. Kimelman & Baird LLC bought a new position in shares of Mondelez International in the second quarter valued at approximately $1,539,000. Finally, EP Wealth Advisors LLC raised its position in Mondelez International by 9.0% in the 2nd quarter. EP Wealth Advisors LLC now owns 24,523 shares of the company’s stock valued at $1,605,000 after buying an additional 2,023 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Up 1.6 %

Shares of NASDAQ:MDLZ opened at $58.32 on Tuesday. The firm has a fifty day moving average of $60.74 and a 200 day moving average of $66.95. Mondelez International, Inc. has a 52-week low of $55.97 and a 52-week high of $77.20. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.42 and a current ratio of 0.63. The firm has a market capitalization of $77.98 billion, a PE ratio of 20.68, a price-to-earnings-growth ratio of 2.96 and a beta of 0.54.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.14. The business had revenue of $9.20 billion for the quarter, compared to analysts’ expectations of $9.11 billion. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period last year, the business earned $0.82 earnings per share. As a group, research analysts anticipate that Mondelez International, Inc. will post 3.45 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.47 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.22%. Mondelez International’s dividend payout ratio (DPR) is currently 66.67%.

Mondelez International declared that its board has initiated a share repurchase plan on Wednesday, December 11th that permits the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization permits the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

MDLZ has been the subject of several analyst reports. Wells Fargo & Company reiterated an “equal weight” rating and issued a $61.00 target price (down previously from $74.00) on shares of Mondelez International in a report on Tuesday, January 7th. UBS Group decreased their price objective 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. Jefferies Financial Group cut shares of Mondelez International from a “buy” rating to a “hold” rating and dropped their target price for the company from $75.00 to $62.00 in a research note on Tuesday, January 21st. Bank of America raised their price target on shares of Mondelez International from $80.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Mondelez International from $67.00 to $62.00 and set a “hold” rating on the stock in a research note on Wednesday, January 22nd. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.06.

Mondelez International Company Profile

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.