1,900 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,900 shares of the company’s stock, valued at approximately $113,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors raised its holdings in shares of Mondelez International by 64.0% in the 3rd quarter. Arkadios Wealth Advisors now owns 9,635 shares of the company’s stock valued at $710,000 after acquiring an additional 3,760 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Mondelez International by 21.1% during the third quarter. Nisa Investment Advisors LLC now owns 525,054 shares of the company’s stock valued at $38,928,000 after acquiring an additional 91,449 shares during the last quarter. Orrstown Financial Services Inc. purchased a new stake in Mondelez International in the 3rd quarter worth approximately $382,000. Strategic Wealth Investment Group LLC boosted its holdings in Mondelez International by 40.4% in the third quarter. Strategic Wealth Investment Group LLC now owns 139,572 shares of the company’s stock valued at $10,187,000 after acquiring an additional 40,154 shares in the last quarter. Finally, Hunter Associates Investment Management LLC boosted its stake in shares of Mondelez International by 1.7% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 32,683 shares of the company’s stock valued at $2,404,000 after purchasing an additional 551 shares in the last quarter. 78.32% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Jefferies Financial Group lowered shares of Mondelez International from a “buy” rating to a “hold” rating and decreased their price target for the stock from $75.00 to $62.00 in a research note on Tuesday, January 21st. The Goldman Sachs Group reduced their price target on shares of Mondelez International from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Argus downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 21st. Dbs Bank lowered shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 7th. Finally, Royal Bank of Canada lowered their price objective on Mondelez International from $75.00 to $69.00 and set an “outperform” rating on the stock in a research report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $69.74.

Mondelez International Stock Performance

Mondelez International stock opened at $65.88 on Wednesday. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06. The company’s 50-day moving average is $59.15 and its 200 day moving average is $65.81. The firm has a market capitalization of $85.22 billion, a P/E ratio of 19.26, a price-to-earnings-growth ratio of 4.34 and a beta of 0.54. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48.

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

Mondelez International declared that its board has approved 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 repurchase up to 10.7% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.47 per share. The ex-dividend date is Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.85%. Mondelez International’s dividend payout ratio 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.