Mount Yale Investment Advisors LLC Takes Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Mount Yale Investment Advisors LLC acquired a new position in Mondelez International, Inc. (NASDAQ:MDLZ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 12,529 shares of the company’s stock, valued at approximately $748,000.

Several other large investors have also recently bought and sold shares of MDLZ. Truvestments Capital LLC bought a new stake in shares of Mondelez International during the third quarter worth $25,000. Prospera Private Wealth LLC acquired a new stake in Mondelez International in the third quarter worth about $27,000. Richardson Financial Services Inc. raised its holdings in Mondelez International by 100.0% during 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 during the last quarter. Highline Wealth Partners LLC acquired a new position in Mondelez International during the 3rd quarter valued at about $38,000. Finally, Albion Financial Group UT bought a new position in shares of Mondelez International in the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Down 2.4 %

Mondelez International stock opened at $56.91 on Wednesday. The company has a market cap of $76.10 billion, a price-to-earnings ratio of 20.18, a P/E/G ratio of 2.96 and a beta of 0.54. The firm has a 50-day moving average of $60.63 and a 200-day moving average of $66.90. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.63 and a quick ratio of 0.42. Mondelez International, Inc. has a one year low of $55.97 and a one year high of $77.20.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.14. The firm had revenue of $9.20 billion for the quarter, compared to analyst estimates of $9.11 billion. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.82 EPS. On average, equities analysts expect that Mondelez International, Inc. will post 3.45 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend was Tuesday, December 31st. Mondelez International’s dividend payout ratio (DPR) is currently 66.67%.

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

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on MDLZ shares. Redburn Atlantic started coverage on shares of Mondelez International in a report on Tuesday, October 22nd. They issued a “buy” rating and a $82.00 price objective on the stock. Piper Sandler reduced their price target on Mondelez International from $84.00 to $70.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th. Stifel Nicolaus decreased their price objective on Mondelez International from $82.00 to $70.00 and set a “buy” rating for the company in a research note on Friday, January 24th. Bank of America increased their target price on Mondelez International from $80.00 to $84.00 and gave the company a “buy” rating in a research note on Tuesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a research report on Wednesday, January 22nd. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $73.06.

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.