Sunflower Bank N.A. Takes $208,000 Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Sunflower Bank N.A. bought a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,068 shares of the company’s stock, valued at approximately $208,000.

Several other large investors have also recently made changes to their positions in the business. Compton Financial Group LLC purchased a new stake in shares of Mondelez International during the 1st quarter valued at $208,000. Princeton Global Asset Management LLC increased its position in shares of Mondelez International by 13.4% during the 1st quarter. Princeton Global Asset Management LLC now owns 5,225 shares of the company’s stock valued at $355,000 after purchasing an additional 619 shares during the last quarter. KFG Wealth Management LLC purchased a new stake in shares of Mondelez International during the 1st quarter valued at $211,000. Congress Asset Management Co. increased its position in shares of Mondelez International by 34.7% during the 1st quarter. Congress Asset Management Co. now owns 140,004 shares of the company’s stock valued at $9,499,000 after purchasing an additional 36,095 shares during the last quarter. Finally, Pines Wealth Management LLC purchased a new stake in shares of Mondelez International during the 1st quarter valued at $265,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Stock Down 0.3%

MDLZ stock opened at $66.15 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. The firm has a market capitalization of $85.65 billion, a PE ratio of 19.34, a PEG ratio of 4.34 and a beta of 0.48. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06. The stock has a 50-day simple moving average of $66.43 and a two-hundred day simple moving average of $63.40.

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

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.84%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International’s payout ratio is 69.89%.

Wall Street Analysts Forecast Growth

MDLZ has been the subject of several research analyst reports. DZ Bank lowered Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 target price for the company. in a research report on Friday, February 7th. Royal Bank of Canada reissued an “outperform” rating and issued a $69.00 price objective on shares of Mondelez International in a report on Monday, April 28th. JPMorgan Chase & Co. lifted their price objective on Mondelez International from $64.00 to $74.00 and gave the stock an “overweight” rating in a report on Friday, April 11th. Dbs Bank lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 7th. Finally, Stifel Nicolaus lifted their price objective on Mondelez International from $70.00 to $73.00 and gave the stock a “buy” rating in a report on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, Mondelez International has an average rating of “Moderate Buy” and a consensus price target of $70.11.

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.