Lindbrook Capital LLC Has $540,000 Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Lindbrook Capital LLC trimmed its position in Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 6.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,459 shares of the company’s stock after selling 552 shares during the quarter. Lindbrook Capital LLC’s holdings in Mondelez International were worth $540,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tyler Stone Wealth Management bought a new position in Mondelez International during the second quarter worth about $25,000. Retirement Group LLC bought a new position in Mondelez International during the fourth quarter worth about $25,000. Carmel Capital Partners LLC bought a new position in Mondelez International during the third quarter worth about $28,000. First Command Advisory Services Inc. bought a new position in Mondelez International during the third quarter worth about $29,000. Finally, Orion Capital Management LLC bought a new position in Mondelez International during the third quarter worth about $35,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. JPMorgan Chase & Co. cut their target price on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Barclays cut their target price on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Deutsche Bank Aktiengesellschaft boosted their price target on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, January 18th. Finally, Citigroup lowered their price target on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research report on Thursday, April 11th. One equities research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $80.89.

Get Our Latest Stock Report on MDLZ

Mondelez International Stock Up 1.4 %

MDLZ stock opened at $68.11 on Monday. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $91.71 billion, a PE ratio of 18.76, a PEG ratio of 2.37 and a beta of 0.56. Mondelez International, Inc. has a 1-year low of $60.75 and a 1-year high of $78.59. The business’s 50 day simple moving average is $70.60 and its 200 day simple moving average is $70.48.

Mondelez International (NASDAQ:MDLZGet Free Report) last posted its earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. The business had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.31 billion. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The firm’s revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 EPS. As a group, research analysts anticipate that Mondelez International, Inc. will post 3.52 EPS for the current year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were paid a $0.425 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 annualized dividend and a yield of 2.50%. Mondelez International’s dividend payout ratio (DPR) is presently 46.83%.

Mondelez International Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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