Tradewinds LLC. Takes Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Tradewinds LLC. purchased a new position in Mondelez International, Inc. (NASDAQ:MDLZ) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 4,307 shares of the company’s stock, valued at approximately $258,000.

Other large investors also recently added to or reduced their stakes in the company. Continuum Advisory LLC increased its stake in shares of Mondelez International by 7.4% during the third quarter. Continuum Advisory LLC now owns 2,542 shares of the company’s stock worth $187,000 after purchasing an additional 175 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in shares of Mondelez International by 1.8% during the fourth quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company’s stock valued at $627,000 after acquiring an additional 181 shares during the last quarter. Traphagen Investment Advisors LLC lifted its position in shares of Mondelez International by 0.8% in the fourth quarter. Traphagen Investment Advisors LLC now owns 23,619 shares of the company’s stock valued at $1,411,000 after acquiring an additional 187 shares in the last quarter. Core Alternative Capital boosted its stake in shares of Mondelez International by 1.7% in the fourth quarter. Core Alternative Capital now owns 11,448 shares of the company’s stock worth $684,000 after acquiring an additional 187 shares during the last quarter. Finally, Waldron Private Wealth LLC increased its position in shares of Mondelez International by 1.0% during the fourth quarter. Waldron Private Wealth LLC now owns 19,496 shares of the company’s stock worth $1,164,000 after purchasing an additional 191 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on MDLZ. The Goldman Sachs Group decreased their price objective on Mondelez International from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Stifel Nicolaus lowered their price target on shares of Mondelez International from $82.00 to $70.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Mizuho increased their price objective on shares of Mondelez International from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Friday, February 14th. Jefferies Financial Group cut Mondelez International from a “buy” rating to a “hold” rating and lowered their target price for the stock from $75.00 to $62.00 in a report on Tuesday, January 21st. Finally, Argus cut Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $69.50.

Mondelez International Price Performance

Shares of MDLZ opened at $67.65 on Wednesday. The firm has a 50-day simple moving average of $62.65 and a two-hundred day simple moving average of $64.65. The stock has a market cap of $87.51 billion, a PE ratio of 19.78, a P/E/G ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. As a group, analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

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 issued a $0.47 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 2.78%. Mondelez International’s dividend payout ratio is presently 54.97%.

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

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.