Fiducient Advisors LLC Buys New Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Fiducient Advisors LLC bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,692 shares of the company’s stock, valued at approximately $269,000.

A number of other hedge funds have also recently modified their holdings of MDLZ. Hartford Funds Management Co LLC increased its holdings in shares of Mondelez International by 39.2% in the 4th quarter. Hartford Funds Management Co LLC now owns 5,839 shares of the company’s stock valued at $423,000 after acquiring an additional 1,644 shares during the period. Savant Capital LLC increased its position in Mondelez International by 1.1% in the 4th quarter. Savant Capital LLC now owns 22,885 shares of the company’s stock valued at $1,658,000 after acquiring an additional 243 shares during the period. Alpha Cubed Investments LLC lifted its position in Mondelez International by 5.8% during the 4th quarter. Alpha Cubed Investments LLC now owns 4,668 shares of the company’s stock worth $338,000 after acquiring an additional 254 shares during the period. MONECO Advisors LLC grew its stake in shares of Mondelez International by 7.1% in the 4th quarter. MONECO Advisors LLC now owns 4,661 shares of the company’s stock valued at $338,000 after purchasing an additional 311 shares during the last quarter. Finally, Northcape Wealth Management LLC increased its holdings in shares of Mondelez International by 4.8% in the fourth quarter. Northcape Wealth Management LLC now owns 12,132 shares of the company’s stock valued at $879,000 after purchasing an additional 554 shares during the period. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Trading Up 0.2 %

Shares of NASDAQ:MDLZ traded up $0.11 during trading on Tuesday, reaching $71.94. 11,057,898 shares of the stock were exchanged, compared to its average volume of 7,955,643. Mondelez International, Inc. has a 12-month low of $60.75 and a 12-month high of $78.54. The firm’s 50-day moving average price is $70.42 and its 200 day moving average price is $70.87. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.43 and a current ratio of 0.62. The firm has a market cap of $96.87 billion, a price-to-earnings ratio of 19.82, a price-to-earnings-growth ratio of 2.46 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. The company had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.16 billion. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The business’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.89 earnings per share. On average, sell-side analysts anticipate that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 2.36%. The ex-dividend date was Wednesday, March 27th. Mondelez International’s payout ratio is 46.83%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on MDLZ shares. Barclays decreased their price target on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a report on Friday, April 12th. StockNews.com downgraded Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Citigroup reduced their price target on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a report on Thursday, April 11th. Stifel Nicolaus raised their price objective on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, January 18th. One analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus target price of $80.50.

About Mondelez International

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.