Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by South Dakota Investment Council

South Dakota Investment Council trimmed its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 172,047 shares of the company’s stock after selling 4,600 shares during the period. South Dakota Investment Council’s holdings in Mondelez International were worth $12,461,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors lifted its stake in shares of Mondelez International by 4.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 4,421 shares of the company’s stock valued at $307,000 after purchasing an additional 176 shares in the last quarter. Ziegler Capital Management LLC raised its holdings in shares of Mondelez International by 2.8% during the 3rd quarter. Ziegler Capital Management LLC now owns 101,733 shares of the company’s stock valued at $7,060,000 after buying an additional 2,807 shares during the period. Flagship Harbor Advisors LLC raised its holdings in shares of Mondelez International by 7.8% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 6,074 shares of the company’s stock valued at $422,000 after buying an additional 437 shares during the period. Impact Partnership Wealth LLC raised its holdings in shares of Mondelez International by 1,865.6% during the 3rd quarter. Impact Partnership Wealth LLC now owns 629 shares of the company’s stock valued at $44,000 after buying an additional 597 shares during the period. Finally, Founders Financial Securities LLC raised its holdings in shares of Mondelez International by 4.4% during the 3rd quarter. Founders Financial Securities LLC now owns 17,565 shares of the company’s stock valued at $1,219,000 after buying an additional 746 shares during the period. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ traded up $1.34 during trading on Tuesday, reaching $70.75. The stock had a trading volume of 15,793,320 shares, compared to its average volume of 7,773,232. Mondelez International, Inc. has a one year low of $60.75 and a one year high of $78.59. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.43 and a current ratio of 0.62. The stock has a market cap of $95.26 billion, a PE ratio of 19.49, a P/E/G ratio of 2.37 and a beta of 0.56. The firm’s 50 day moving average price is $70.50 and its two-hundred day moving average price is $70.56.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.06. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The business had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.31 billion. During the same quarter in the previous year, the firm posted $0.73 EPS. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. On average, research analysts forecast that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were given a dividend of $0.425 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 dividend on an annualized basis and a yield of 2.40%. Mondelez International’s dividend payout ratio is currently 46.83%.

Analyst Ratings Changes

Several brokerages recently commented on MDLZ. 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. Stifel Nicolaus lifted their price objective on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Barclays dropped their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Deutsche Bank Aktiengesellschaft lifted their price objective on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. Finally, Citigroup dropped their price objective on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a report on Thursday, April 11th. One investment analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $80.89.

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.