WINTON GROUP Ltd Sells 478,373 Shares of Mondelez International, Inc. (MDLZ)

WINTON GROUP Ltd Sells 478,373 Shares of Mondelez International, Inc. (MDLZ)

WINTON GROUP Ltd decreased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 34.8% during the third quarter, Holdings Channel reports. The institutional investor owned 895,994 shares of the company’s stock after selling 478,373 shares during the period. WINTON GROUP Ltd owned approximately 0.06% of Mondelez International worth $39,334,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of MDLZ. Arthur Zaske & Associates LLC bought a new stake in Mondelez International during the third quarter worth $252,000. Americafirst Capital Management LLC purchased a new position in shares of Mondelez International during the third quarter worth approximately $1,741,000. DIAM Co. Ltd. increased its position in shares of Mondelez International by 0.4% in the third quarter. DIAM Co. Ltd. now owns 274,325 shares of the company’s stock worth $11,853,000 after buying an additional 1,151 shares during the last quarter. Ibex Wealth Advisors purchased a new position in shares of Mondelez International during the third quarter worth approximately $835,000. Finally, Bbva Compass Bancshares Inc. increased its position in shares of Mondelez International by 5.6% in the third quarter. Bbva Compass Bancshares Inc. now owns 30,124 shares of the company’s stock worth $1,322,000 after buying an additional 1,593 shares during the last quarter. 75.73% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International, Inc. (NASDAQ:MDLZ) opened at 44.36 on Friday. The company’s 50-day moving average is $44.68 and its 200 day moving average is $43.52. Mondelez International, Inc. has a 12-month low of $35.88 and a 12-month high of $46.40. The stock has a market capitalization of $68.51 billion, a PE ratio of 84.66 and a beta of 1.08.

The business also recently announced a quarterly dividend, which was paid on Thursday, January 12th. Stockholders of record on Friday, December 30th were given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.71%. The ex-dividend date was Wednesday, December 28th. Mondelez International’s payout ratio is currently 143.40%.

A number of equities analysts recently commented on MDLZ shares. Berenberg Bank started coverage on shares of Mondelez International in a research note on Thursday, January 5th. They set a “buy” rating and a $51.00 target price for the company. Susquehanna Bancshares Inc reiterated a “buy” rating and set a $55.00 target price on shares of Mondelez International in a research note on Wednesday, October 26th. Zacks Investment Research upgraded shares of Mondelez International from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a research note on Tuesday, November 22nd. Deutsche Bank AG reiterated a “hold” rating and set a $46.00 target price on shares of Mondelez International in a research note on Thursday, November 10th. Finally, RBC Capital Markets reiterated an “outperform” rating and set a $54.00 target price (down previously from $56.00) on shares of Mondelez International in a research note on Friday, December 23rd. Three equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $48.91.

In related news, Director Lewis W. K. Booth bought 2,500 shares of the company’s stock in a transaction dated Friday, November 11th. The stock was bought at an average price of $41.61 per share, with a total value of $104,025.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.90% of the stock is currently owned by insiders.

About Mondelez International

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers in approximately 165 countries around the world. The Company operates through five segments: Latin America; Asia Pacific; Eastern Europe, Middle East, and Africa (EEMEA); Europe, and North America.

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