Brown Advisory Inc. Has $11.60 Million Stake in Mondelez International Inc (MDLZ)

Brown Advisory Inc. grew its position in Mondelez International Inc (NASDAQ:MDLZ) by 0.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 289,823 shares of the company’s stock after acquiring an additional 1,352 shares during the period. Brown Advisory Inc.’s holdings in Mondelez International were worth $11,602,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Braun Bostich & Associates Inc. boosted its holdings in Mondelez International by 28.9% during the fourth quarter. Braun Bostich & Associates Inc. now owns 977 shares of the company’s stock worth $39,000 after buying an additional 219 shares in the last quarter. Community Bank N.A. boosted its holdings in Mondelez International by 10.6% during the fourth quarter. Community Bank N.A. now owns 2,497 shares of the company’s stock worth $100,000 after buying an additional 239 shares in the last quarter. Cornerstone Advisors Inc. boosted its holdings in Mondelez International by 3.0% during the fourth quarter. Cornerstone Advisors Inc. now owns 8,643 shares of the company’s stock worth $346,000 after buying an additional 248 shares in the last quarter. Whitnell & Co. raised its position in Mondelez International by 0.5% during the fourth quarter. Whitnell & Co. now owns 50,279 shares of the company’s stock worth $2,013,000 after acquiring an additional 252 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. raised its position in Mondelez International by 13.9% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 2,502 shares of the company’s stock worth $100,000 after acquiring an additional 305 shares during the last quarter. 75.87% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ:MDLZ opened at $47.35 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.45 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $67.80 billion, a PE ratio of 19.49, a PEG ratio of 2.47 and a beta of 0.89. Mondelez International Inc has a 1-year low of $37.42 and a 1-year high of $48.46.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Wednesday, January 30th. The company reported $0.63 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.63. The business had revenue of $6.77 billion during the quarter, compared to analyst estimates of $6.77 billion. Mondelez International had a net margin of 12.64% and a return on equity of 14.03%. The company’s revenue was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 earnings per share. Research analysts anticipate that Mondelez International Inc will post 2.5 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 12th. Stockholders of record on Friday, March 29th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Thursday, March 28th. Mondelez International’s dividend payout ratio is presently 42.80%.

A number of equities analysts have issued reports on MDLZ shares. BidaskClub upgraded shares of Mondelez International from a “hold” rating to a “buy” rating in a research report on Thursday, November 22nd. Zacks Investment Research cut shares of Mondelez International from a “hold” rating to a “sell” rating in a research report on Thursday, January 3rd. Guggenheim started coverage on shares of Mondelez International in a research report on Tuesday, January 22nd. They set a “buy” rating and a $47.00 target price for the company. Berenberg Bank cut shares of Mondelez International from a “buy” rating to a “hold” rating and set a $43.00 target price for the company. in a research report on Thursday, January 24th. Finally, Wells Fargo & Co restated a “buy” rating on shares of Mondelez International in a research report on Monday, January 28th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $47.27.

In other news, EVP Gerhard W. Pleuhs sold 29,340 shares of the business’s stock in a transaction that occurred on Wednesday, February 13th. The shares were sold at an average price of $47.72, for a total value of $1,400,104.80. Following the completion of the transaction, the executive vice president now owns 229,700 shares of the company’s stock, valued at $10,961,284. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Alejandro Lorenzo sold 26,347 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $46.94, for a total transaction of $1,236,728.18. Following the completion of the transaction, the executive vice president now directly owns 59,320 shares of the company’s stock, valued at approximately $2,784,480.80. The disclosure for this sale can be found here. In the last three months, insiders sold 72,127 shares of company stock valued at $3,398,519. Company insiders own 2.00% of the company’s stock.

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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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