Mondelez International, Inc. (NASDAQ:MDLZ) Stock Holdings Decreased by Vontobel Holding Ltd.

Vontobel Holding Ltd. lessened its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 36.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,064,914 shares of the company’s stock after selling 3,428,539 shares during the quarter. Mondelez International makes up about 1.2% of Vontobel Holding Ltd.’s holdings, making the stock its 24th biggest holding. Vontobel Holding Ltd.’s holdings in Mondelez International were worth $362,257,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new stake in Mondelez International during the 3rd quarter worth about $25,000. Prospera Private Wealth LLC purchased a new stake in shares of Mondelez International in the third quarter worth approximately $27,000. Hager Investment Management Services LLC purchased a new stake in shares of Mondelez International in the fourth quarter worth approximately $27,000. Richardson Financial Services Inc. boosted its holdings in shares of Mondelez International by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares during the period. Finally, McClarren Financial Advisors Inc. purchased a new position in Mondelez International during the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Up 0.9 %

MDLZ stock opened at $61.16 on Friday. The stock has a market capitalization of $81.78 billion, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 4.04 and a beta of 0.54. The company has a 50-day moving average of $59.06 and a two-hundred day moving average of $66.22. Mondelez International, Inc. has a 52-week low of $53.95 and a 52-week high of $76.06. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.42.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share 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%. As a group, equities research analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International announced that its Board of Directors has authorized a share repurchase plan on Wednesday, December 11th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were paid a $0.47 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.88 annualized dividend and a dividend yield of 3.07%. Mondelez International’s payout ratio is 54.97%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Jefferies Financial Group downgraded shares of Mondelez International from a “buy” rating to a “hold” rating and cut their target price for the stock from $75.00 to $62.00 in a research report on Tuesday, January 21st. Wells Fargo & Company cut their price objective on Mondelez International from $61.00 to $54.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. Royal Bank of Canada lowered their target price on Mondelez International from $75.00 to $69.00 and set an “outperform” rating on the stock in a research note on Thursday, February 6th. UBS Group cut their price target on Mondelez International from $76.00 to $63.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Finally, Dbs Bank cut Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $69.72.

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.