denkapparat Operations GmbH Acquires Shares of 5,732 Mondelez International, Inc. (NASDAQ:MDLZ)

denkapparat Operations GmbH bought a new position in Mondelez International, Inc. (NASDAQ:MDLZ) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,732 shares of the company’s stock, valued at approximately $342,000.

Other large investors have also made changes to their positions in the company. Orion Portfolio Solutions LLC grew its stake in Mondelez International by 68.3% during the fourth quarter. Orion Portfolio Solutions LLC now owns 156,181 shares of the company’s stock worth $9,329,000 after buying an additional 63,399 shares during the last quarter. Broadway Wealth Solutions Inc. acquired a new position in shares of Mondelez International in the 4th quarter worth approximately $292,000. New Age Alpha Advisors LLC grew its position in Mondelez International by 18,702.9% during the 4th quarter. New Age Alpha Advisors LLC now owns 45,503 shares of the company’s stock worth $2,718,000 after acquiring an additional 45,261 shares during the last quarter. Weik Capital Management increased its holdings in Mondelez International by 4.4% during the 4th quarter. Weik Capital Management now owns 19,735 shares of the company’s stock valued at $1,179,000 after purchasing an additional 835 shares in the last quarter. Finally, Cincinnati Specialty Underwriters Insurance CO raised its position in Mondelez International by 37.5% in the 4th quarter. Cincinnati Specialty Underwriters Insurance CO now owns 55,000 shares of the company’s stock valued at $3,285,000 after purchasing an additional 15,000 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of MDLZ stock opened at $67.50 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06. The firm has a fifty day moving average of $62.06 and a 200-day moving average of $64.94. The firm has a market capitalization of $87.31 billion, a price-to-earnings ratio of 19.74, a price-to-earnings-growth ratio of 4.34 and a beta of 0.50.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. On average, equities research analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International announced that its Board of Directors has initiated a stock buyback program on Wednesday, December 11th that authorizes the company to buyback $9.00 billion in shares. This buyback authorization authorizes the company to buy up to 10.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Mondelez International Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date of this dividend is Monday, March 31st. Mondelez International’s payout ratio is currently 54.97%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MDLZ. DZ Bank cut Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 target price on the stock. in a report on Friday, February 7th. Wells Fargo & Company lowered their price objective on shares of Mondelez International from $61.00 to $54.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 5th. The Goldman Sachs Group reduced their target price on shares of Mondelez International from $68.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Argus lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 21st. Finally, UBS Group reduced their price objective on Mondelez International from $76.00 to $63.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $69.50.

Mondelez International Company 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.