Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Good Life Advisors LLC

Good Life Advisors LLC cut its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 15.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,724 shares of the company’s stock after selling 834 shares during the period. Good Life Advisors LLC’s holdings in Mondelez International were worth $342,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Tyler Stone Wealth Management acquired a new stake in Mondelez International during the second quarter valued at approximately $25,000. Retirement Group LLC acquired a new stake in Mondelez International during the fourth quarter valued at approximately $25,000. Carmel Capital Partners LLC acquired a new stake in Mondelez International during the third quarter valued at approximately $28,000. First Command Advisory Services Inc. acquired a new stake in Mondelez International during the third quarter valued at approximately $29,000. Finally, VitalStone Financial LLC lifted its stake in Mondelez International by 1,553.8% during the second quarter. VitalStone Financial LLC now owns 430 shares of the company’s stock valued at $30,000 after purchasing an additional 404 shares during the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Stock Performance

Shares of MDLZ opened at $70.00 on Friday. The company’s fifty day moving average is $72.97 and its 200-day moving average is $70.79. Mondelez International, Inc. has a 12 month low of $60.75 and a 12 month high of $78.59. The firm has a market cap of $95.26 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 2.39 and a beta of 0.57. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.78 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The company had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.31 billion. During the same quarter in the prior year, the business posted $0.73 EPS. Mondelez International’s quarterly revenue was up 7.1% on a year-over-year basis. Equities analysts expect that Mondelez International, Inc. will post 3.52 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 11th. Investors of record on Thursday, March 28th will be paid a $0.425 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $1.70 dividend on an annualized basis and a yield of 2.43%. Mondelez International’s payout ratio is presently 46.83%.

Analyst Ratings Changes

Several equities research analysts recently commented on MDLZ shares. Stifel Nicolaus upped their price target on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. DA Davidson started coverage on shares of Mondelez International in a research report on Friday, December 8th. They issued a “buy” rating and a $83.00 price target for the company. StockNews.com downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft upped their price target on shares of Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, January 18th. Finally, Barclays upped their price target on shares of Mondelez International from $79.00 to $80.00 and gave the company an “overweight” rating in a research report on Tuesday, January 16th. One investment analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.37.

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.