Citizens & Northern Corp Has $1.92 Million Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Citizens & Northern Corp lifted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 3.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,205 shares of the company’s stock after purchasing an additional 1,143 shares during the quarter. Citizens & Northern Corp’s holdings in Mondelez International were worth $1,924,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of MDLZ. NTV Asset Management LLC increased its position in shares of Mondelez International by 4.8% during the fourth quarter. NTV Asset Management LLC now owns 4,628 shares of the company’s stock worth $276,000 after acquiring an additional 212 shares in the last quarter. Sierra Ocean LLC bought a new stake in Mondelez International during the 4th quarter worth approximately $32,000. J.W. Cole Advisors Inc. increased its holdings in Mondelez International by 6.5% during the 4th quarter. J.W. Cole Advisors Inc. now owns 9,481 shares of the company’s stock worth $566,000 after purchasing an additional 576 shares in the last quarter. MOKAN Wealth Management Inc. bought a new position in shares of Mondelez International in the fourth quarter valued at approximately $1,669,000. Finally, Strategic Financial Concepts LLC purchased a new position in shares of Mondelez International during the fourth quarter valued at approximately $1,682,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a research note on Wednesday, January 22nd. Barclays decreased their price objective on shares of Mondelez International from $69.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, February 6th. UBS Group dropped their target price on shares of Mondelez International from $76.00 to $63.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Stifel Nicolaus reduced their target price on Mondelez International from $82.00 to $70.00 and set a “buy” rating for the company in a report on Friday, January 24th. Finally, Wells Fargo & Company dropped their price target on Mondelez International from $61.00 to $54.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 5th. One analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $69.74.

Mondelez International Trading Down 0.6 %

Shares of MDLZ stock opened at $60.82 on Tuesday. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $76.06. The company’s fifty day simple moving average is $58.98 and its two-hundred day simple moving average is $66.11. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.42. The stock has a market capitalization of $81.33 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 4.04 and a beta of 0.54.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. As a group, analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 3.09%. The ex-dividend date of this dividend is Monday, March 31st. Mondelez International’s dividend payout ratio is presently 54.97%.

Mondelez International announced that its Board of Directors has initiated a share buyback program on Wednesday, December 11th that allows the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization allows the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its stock is 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.