Sanibel Captiva Trust Company Inc. Acquires Shares of 169,831 Mondelez International, Inc. (NASDAQ:MDLZ)

Sanibel Captiva Trust Company Inc. acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 169,831 shares of the company’s stock, valued at approximately $12,301,000.

Other large investors also recently bought and sold shares of the company. Bogart Wealth LLC grew its position in Mondelez International by 63.9% in the fourth quarter. Bogart Wealth LLC now owns 359 shares of the company’s stock valued at $26,000 after acquiring an additional 140 shares in the last quarter. HHM Wealth Advisors LLC acquired a new stake in Mondelez International in the fourth quarter valued at approximately $29,000. Orion Capital Management LLC acquired a new stake in Mondelez International in the third quarter valued at approximately $35,000. Vermillion & White Wealth Management Group LLC acquired a new stake in Mondelez International in the fourth quarter valued at approximately $36,000. Finally, Clear Investment Research LLC acquired a new stake in Mondelez International in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

MDLZ traded down $0.17 during trading hours on Friday, hitting $65.93. 1,139,985 shares of the stock were exchanged, compared to its average volume of 7,301,922. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.63. The stock has a market cap of $88.44 billion, a price-to-earnings ratio of 20.98, a price-to-earnings-growth ratio of 2.53 and a beta of 0.54. Mondelez International, Inc. has a 12 month low of $60.75 and a 12 month high of $77.20. The stock has a 50-day simple moving average of $69.00 and a 200-day simple moving average of $71.16.

Mondelez International (NASDAQ:MDLZGet Free Report) last posted its earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The company had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.16 billion. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period last year, the business posted $0.89 earnings per share. Analysts anticipate that Mondelez International, Inc. will post 3.49 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date of this dividend is Friday, June 28th. Mondelez International’s payout ratio is 53.97%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on MDLZ shares. Wells Fargo & Company decreased their price target on shares of Mondelez International from $80.00 to $76.00 and set an “overweight” rating for the company in a research report on Tuesday, June 4th. TD Cowen decreased their price target on shares of Mondelez International from $83.00 to $79.00 and set a “buy” rating for the company in a research report on Thursday, June 6th. Barclays decreased their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Evercore ISI decreased their price target on shares of Mondelez International from $80.00 to $79.00 and set an “outperform” rating for the company in a research report on Tuesday, June 4th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. One research analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Mondelez International has an average rating of “Moderate Buy” and a consensus target price of $80.22.

Check Out Our Latest Analysis on Mondelez International

About Mondelez International

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MDLZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mondelez International, Inc. (NASDAQ:MDLZFree Report).

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

Receive News & Ratings for Mondelez International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondelez International and related companies with MarketBeat.com's FREE daily email newsletter.