Mondelez International Inc (MDLZ) Shares Bought by Gratus Capital LLC

Mondelez International Inc (MDLZ) Shares Bought by Gratus Capital LLC

Gratus Capital LLC boosted its stake in shares of Mondelez International Inc (NASDAQ:MDLZ) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,617 shares of the company’s stock after buying an additional 100 shares during the period. Gratus Capital LLC’s holdings in Mondelez International were worth $382,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Alpha Windward LLC increased its position in Mondelez International by 0.4% in the third quarter. Alpha Windward LLC now owns 5,937 shares of the company’s stock valued at $261,000 after buying an additional 22 shares during the last quarter. Tarbox Group Inc. increased its position in Mondelez International by 0.9% in the third quarter. Tarbox Group Inc. now owns 2,836 shares of the company’s stock valued at $125,000 after buying an additional 25 shares during the last quarter. K.J. Harrison & Partners Inc increased its position in Mondelez International by 0.5% in the third quarter. K.J. Harrison & Partners Inc now owns 7,237 shares of the company’s stock valued at $318,000 after buying an additional 37 shares during the last quarter. Enterprise Financial Services Corp increased its position in Mondelez International by 1.2% in the third quarter. Enterprise Financial Services Corp now owns 4,152 shares of the company’s stock valued at $182,000 after buying an additional 48 shares during the last quarter. Finally, Barrett Asset Management LLC increased its position in Mondelez International by 0.9% in the third quarter. Barrett Asset Management LLC now owns 5,354 shares of the company’s stock valued at $235,000 after buying an additional 50 shares during the last quarter. 75.43% of the stock is owned by hedge funds and other institutional investors.

Shares of Mondelez International Inc (NASDAQ:MDLZ) opened at 43.86 on Wednesday. The stock’s 50 day moving average price is $44.22 and its 200 day moving average price is $43.61. The firm has a market cap of $66.96 billion, a PE ratio of 41.77 and a beta of 1.08. Mondelez International Inc has a 12-month low of $39.21 and a 12-month high of $46.40.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, February 7th. The company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by $0.01. The firm earned $6.77 billion during the quarter, compared to analyst estimates of $6.86 billion. Mondelez International had a return on equity of 11.12% and a net margin of 6.40%. The business’s revenue for the quarter was down 8.1% on a year-over-year basis. During the same quarter last year, the company earned $0.46 earnings per share. On average, equities research analysts predict that Mondelez International Inc will post $2.10 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 13th. Shareholders of record on Friday, March 31st will be given a $0.19 dividend. The ex-dividend date of this dividend is Wednesday, March 29th. This represents a $0.76 dividend on an annualized basis and a yield of 1.73%. Mondelez International’s dividend payout ratio (DPR) is 72.38%.

Several equities analysts have weighed in on MDLZ shares. Susquehanna Bancshares Inc set a $53.00 price target on Mondelez International and gave the stock a “buy” rating in a research report on Monday, February 6th. Berenberg Bank started coverage on Mondelez International in a research report on Thursday, January 5th. They set a “buy” rating and a $51.00 price target for the company. Zacks Investment Research raised Mondelez International from a “hold” rating to a “buy” rating and set a $48.00 price target for the company in a research report on Thursday, December 15th. TheStreet downgraded Mondelez International from a “b” rating to a “c” rating in a research report on Thursday, February 9th. Finally, Deutsche Bank AG started coverage on Mondelez International in a research report on Wednesday, February 15th. They set a “hold” rating and a $49.00 price target for the company. Five analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Mondelez International presently has a consensus rating of “Buy” and a consensus target price of $48.91.

In other news, Director Charles E. Bunch bought 2,000 shares of the business’s stock in a transaction on Thursday, February 9th. The stock was purchased at an average cost of $44.95 per share, for a total transaction of $89,900.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Maurizio Brusadelli sold 1,600 shares of the company’s stock in a transaction that occurred on Wednesday, February 22nd. The stock was sold at an average price of $44.80, for a total value of $71,680.00. Following the completion of the sale, the executive vice president now owns 52,491 shares of the company’s stock, valued at $2,351,596.80. The disclosure for this sale can be found here. Corporate insiders own 3.90% of the company’s stock.

Mondelez International Company Profile

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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