Kintegral Advisory LLC Reduces Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Kintegral Advisory LLC lessened its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,383 shares of the company’s stock after selling 1,415 shares during the period. Kintegral Advisory LLC’s holdings in Mondelez International were worth $1,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MDLZ. Truvestments Capital LLC purchased a new position in shares of Mondelez International during the 3rd quarter valued at about $25,000. Prospera Private Wealth LLC purchased a new position in Mondelez International during the third quarter valued at approximately $27,000. Hager Investment Management Services LLC acquired a new position in Mondelez International in the fourth quarter valued at approximately $27,000. Richardson Financial Services Inc. boosted its position in Mondelez International by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares in the last quarter. Finally, McClarren Financial Advisors Inc. acquired a new stake in shares of Mondelez International during the 4th quarter worth approximately $32,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Trading Up 4.1 %

Shares of Mondelez International stock opened at $64.70 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48. The stock’s 50 day simple moving average is $58.98 and its 200-day simple moving average is $65.89. The stock has a market cap of $83.69 billion, a P/E ratio of 18.92, a P/E/G ratio of 4.34 and a beta of 0.54. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. Analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 2.91%. The ex-dividend date is Monday, March 31st. Mondelez International’s payout ratio is currently 54.97%.

Mondelez International declared that its board has authorized a stock repurchase plan on Wednesday, December 11th that permits the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization permits the company to purchase up to 10.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

MDLZ has been the subject of several analyst reports. Mizuho boosted their target price on shares of Mondelez International from $64.00 to $70.00 and gave the company an “outperform” rating in a research note on Friday, February 14th. Argus downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday. DZ Bank cut Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 target price on the stock. in a research report on Friday, February 7th. Citigroup reduced their price target on Mondelez International from $78.00 to $71.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Finally, The Goldman Sachs Group decreased their target price on Mondelez International from $68.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and an average target price of $69.74.

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.