A. D. Beadell Investment Counsel Inc. Has $1.04 Million Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

A. D. Beadell Investment Counsel Inc. decreased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 7.2% during the 1st quarter, HoldingsChannel reports. The fund owned 15,381 shares of the company’s stock after selling 1,200 shares during the quarter. A. D. Beadell Investment Counsel Inc.’s holdings in Mondelez International were worth $1,043,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Glass Jacobson Investment Advisors llc boosted its holdings in Mondelez International by 6.7% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company’s stock worth $160,000 after purchasing an additional 168 shares during the last quarter. First Horizon Advisors Inc. boosted its position in Mondelez International by 1.8% during the fourth quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company’s stock valued at $627,000 after purchasing an additional 181 shares during the last quarter. Core Alternative Capital grew its stake in Mondelez International by 1.7% in the fourth quarter. Core Alternative Capital now owns 11,448 shares of the company’s stock valued at $684,000 after purchasing an additional 187 shares in the last quarter. 44 Wealth Management LLC grew its stake in Mondelez International by 2.6% in the fourth quarter. 44 Wealth Management LLC now owns 7,645 shares of the company’s stock valued at $457,000 after purchasing an additional 191 shares in the last quarter. Finally, Baker Avenue Asset Management LP increased its position in shares of Mondelez International by 4.2% during the 4th quarter. Baker Avenue Asset Management LP now owns 4,763 shares of the company’s stock worth $284,000 after purchasing an additional 193 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Down 0.4%

NASDAQ MDLZ opened at $66.37 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The company has a market cap of $85.94 billion, a price-to-earnings ratio of 19.41, a PEG ratio of 4.34 and a beta of 0.48. The company has a 50 day moving average of $66.46 and a 200-day moving average of $63.38. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.07. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The firm had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.37 billion. During the same period in the prior year, the company posted $0.93 earnings per share. The business’s revenue for the quarter was up .2% on a year-over-year basis. On average, equities research analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be paid a $0.47 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.88 dividend on an annualized basis and a yield of 2.83%. Mondelez International’s dividend payout ratio (DPR) is 69.89%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Stifel Nicolaus increased their price objective on Mondelez International from $70.00 to $73.00 and gave the company a “buy” rating in a report on Wednesday, April 30th. JPMorgan Chase & Co. lifted their price objective on shares of Mondelez International from $64.00 to $74.00 and gave the company an “overweight” rating in a research report on Friday, April 11th. Piper Sandler upped their price objective on Mondelez International from $59.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 9th. Morgan Stanley lifted their target price on Mondelez International from $69.00 to $72.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 30th. Finally, Wells Fargo & Company increased their price target on Mondelez International from $64.00 to $68.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 2nd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $70.55.

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.