New Hampshire Trust Sells 500 Shares of Mondelez International, Inc. $MDLZ

New Hampshire Trust decreased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 10.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,499 shares of the company’s stock after selling 500 shares during the period. New Hampshire Trust’s holdings in Mondelez International were worth $303,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of MDLZ. Abound Financial LLC bought a new stake in shares of Mondelez International during the 1st quarter valued at about $25,000. Goodman Advisory Group LLC bought a new stake in shares of Mondelez International during the 1st quarter valued at about $26,000. North Capital Inc. bought a new stake in shares of Mondelez International during the 1st quarter valued at about $31,000. Financial Connections Group Inc. bought a new stake in shares of Mondelez International during the 2nd quarter valued at about $33,000. Finally, Saudi Central Bank bought a new stake in Mondelez International during the first quarter worth about $36,000. Institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Berenberg Bank lowered shares of Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 price objective on the stock. in a research note on Thursday, October 2nd. UBS Group dropped their price objective on shares of Mondelez International from $69.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. Barclays boosted their price objective on shares of Mondelez International from $74.00 to $77.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Dbs Bank raised shares of Mondelez International from a “hold” rating to a “moderate buy” rating in a research note on Friday, August 1st. Finally, Morgan Stanley dropped their price objective on shares of Mondelez International from $73.00 to $71.00 and set an “overweight” rating on the stock in a research note on Monday, October 6th. Twelve research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $70.22.

Mondelez International Stock Down 0.4%

MDLZ opened at $60.77 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.64 and a debt-to-equity ratio of 0.69. The firm has a 50 day moving average price of $62.22 and a 200-day moving average price of $65.12. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $71.15. The stock has a market capitalization of $78.63 billion, a price-to-earnings ratio of 22.26, a PEG ratio of 5.44 and a beta of 0.45.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 11th. The company reported $0.66 earnings per share for the quarter. Mondelez International had a net margin of 9.84% and a return on equity of 15.35%. The firm had revenue of $7.30 billion during the quarter. Equities research analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 14th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.50 per share. This is an increase from Mondelez International’s previous quarterly dividend of $0.47. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, September 30th. Mondelez International’s dividend payout ratio is currently 73.26%.

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.