Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC reduced its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 0.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 576,909 shares of the company’s stock after selling 4,121 shares during the period. Calamos Advisors LLC’s holdings in Mondelez International were worth $41,786,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale lifted its holdings in Mondelez International by 5.1% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 2,480,235 shares of the company’s stock valued at $179,520,000 after acquiring an additional 120,665 shares during the last quarter. Handelsinvest Investeringsforvaltning acquired a new position in Mondelez International during the fourth quarter worth $1,650,000. Signature Estate & Investment Advisors LLC lifted its stake in Mondelez International by 4.7% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 38,518 shares of the company’s stock worth $2,789,000 after purchasing an additional 1,713 shares in the last quarter. HS Management Partners LLC lifted its stake in Mondelez International by 8.3% during the fourth quarter. HS Management Partners LLC now owns 1,671,075 shares of the company’s stock worth $121,036,000 after purchasing an additional 128,490 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in Mondelez International by 70.2% during the fourth quarter. Cerity Partners LLC now owns 552,122 shares of the company’s stock worth $40,013,000 after purchasing an additional 227,743 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Stock Performance

Shares of MDLZ traded up $0.66 during mid-day trading on Thursday, hitting $67.17. 8,672,697 shares of the company’s stock were exchanged, compared to its average volume of 7,586,161. Mondelez International, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $78.59. The firm has a market capitalization of $90.44 billion, a P/E ratio of 18.41, a P/E/G ratio of 2.29 and a beta of 0.56. The business’s 50 day moving average is $70.86 and its two-hundred day moving average is $70.47. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The business had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.31 billion. During the same quarter in the prior year, the firm earned $0.73 earnings per share. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. On average, equities analysts expect that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were given a $0.425 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.70 dividend on an annualized basis and a yield of 2.53%. Mondelez International’s payout ratio is currently 46.83%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on MDLZ. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, January 18th. Citigroup dropped their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a report on Thursday, April 11th. JPMorgan Chase & Co. dropped their target price on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Finally, Barclays dropped their target price on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. One research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $80.89.

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.