Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. decreased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 32.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,277 shares of the company’s stock after selling 9,541 shares during the quarter. Hantz Financial Services Inc.’s holdings in Mondelez International were worth $1,211,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Mizuho Securities USA LLC grew its stake in shares of Mondelez International by 12,057.4% in the 3rd quarter. Mizuho Securities USA LLC now owns 12,574,000 shares of the company’s stock worth $926,327,000 after purchasing an additional 12,470,573 shares during the last quarter. Ilex Capital Partners UK LLP acquired a new position in Mondelez International in the third quarter worth approximately $219,045,000. FMR LLC increased its holdings in shares of Mondelez International by 14.2% in the third quarter. FMR LLC now owns 18,255,657 shares of the company’s stock valued at $1,344,894,000 after buying an additional 2,268,639 shares in the last quarter. Holocene Advisors LP acquired a new stake in shares of Mondelez International during the 3rd quarter valued at $159,823,000. Finally, National Bank of Canada FI boosted its stake in shares of Mondelez International by 173.7% during the 3rd quarter. National Bank of Canada FI now owns 3,049,440 shares of the company’s stock worth $224,652,000 after acquiring an additional 1,935,356 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Jefferies Financial Group downgraded Mondelez International from a “buy” rating to a “hold” rating and reduced their target price for the company from $75.00 to $62.00 in a report on Tuesday, January 21st. The Goldman Sachs Group dropped their target price on shares of Mondelez International from $79.00 to $68.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Wells Fargo & Company restated an “equal weight” rating and issued a $61.00 price target (down previously from $74.00) on shares of Mondelez International in a research report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating on the stock in a research note on Wednesday, January 22nd. Finally, Citigroup lowered their price target on Mondelez International from $78.00 to $71.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Six equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and a consensus target price of $72.76.

Mondelez International Price Performance

NASDAQ MDLZ opened at $57.99 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.63 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $77.54 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 3.05 and a beta of 0.54. Mondelez International, Inc. has a 12-month low of $55.97 and a 12-month high of $77.20. The company has a 50 day moving average price of $60.22 and a two-hundred day moving average price of $66.71.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.14. The business had revenue of $9.20 billion during the quarter, compared to analyst estimates of $9.11 billion. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. Mondelez International’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.82 EPS. As a group, equities analysts predict that Mondelez International, Inc. will post 3.44 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The business also recently declared 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 annualized dividend and a dividend yield of 3.24%. Mondelez International’s dividend payout ratio (DPR) is presently 66.67%.

Mondelez International announced that its board has authorized a stock buyback program on Wednesday, December 11th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 10.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its shares are undervalued.

Mondelez International 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.