Seeds Investor LLC Reduces Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Seeds Investor LLC decreased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 47.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,382 shares of the company’s stock after selling 3,085 shares during the quarter. Seeds Investor LLC’s holdings in Mondelez International were worth $202,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in shares of Mondelez International during the 4th quarter worth $1,118,755,000. Raymond James Financial Inc. purchased a new position in Mondelez International during the fourth quarter worth about $256,832,000. Van ECK Associates Corp raised its stake in Mondelez International by 2,560.0% during the fourth quarter. Van ECK Associates Corp now owns 3,411,179 shares of the company’s stock worth $203,749,000 after purchasing an additional 3,282,937 shares during the period. Invesco Ltd. boosted its holdings in Mondelez International by 13.6% in the 4th quarter. Invesco Ltd. now owns 12,409,582 shares of the company’s stock valued at $741,224,000 after purchasing an additional 1,483,270 shares during the last quarter. Finally, Bank of Nova Scotia grew its stake in shares of Mondelez International by 331.9% in the 4th quarter. Bank of Nova Scotia now owns 1,394,430 shares of the company’s stock valued at $83,289,000 after buying an additional 1,071,596 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on MDLZ shares. Citigroup decreased their price objective on Mondelez International from $78.00 to $71.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Royal Bank of Canada decreased their price target on Mondelez International from $75.00 to $69.00 and set an “outperform” rating on the stock in a research note on Thursday, February 6th. Argus downgraded Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. JPMorgan Chase & Co. upped their target price on shares of Mondelez International from $64.00 to $74.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Dbs Bank cut shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 7th. 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $70.50.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $68.30 on Tuesday. The business has a 50-day simple moving average of $64.59 and a 200-day simple moving average of $64.06. The company has a market cap of $88.35 billion, a PE ratio of 19.97, a P/E/G ratio of 4.34 and a beta of 0.47. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68.

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

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.75%. The ex-dividend date was Monday, March 31st. Mondelez International’s dividend payout ratio (DPR) is presently 54.97%.

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.