Jmac Enterprises LLC Has $647,000 Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Jmac Enterprises LLC decreased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 23.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 10,826 shares of the company’s stock after selling 3,399 shares during the period. Jmac Enterprises LLC’s holdings in Mondelez International were worth $647,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of MDLZ. Mizuho Securities USA LLC increased its position in shares of Mondelez International by 12,057.4% in the third quarter. Mizuho Securities USA LLC now owns 12,574,000 shares of the company’s stock valued at $926,327,000 after acquiring an additional 12,470,573 shares during the last quarter. Ilex Capital Partners UK LLP bought a new position in Mondelez International in the third quarter valued at approximately $219,045,000. FMR LLC increased its position in shares of Mondelez International by 14.2% during the 3rd quarter. FMR LLC now owns 18,255,657 shares of the company’s stock worth $1,344,894,000 after purchasing an additional 2,268,639 shares during the last quarter. Holocene Advisors LP bought a new stake in shares of Mondelez International during the 3rd quarter worth approximately $159,823,000. Finally, National Bank of Canada FI boosted its holdings in shares of Mondelez International by 173.7% in the 3rd quarter. National Bank of Canada FI now owns 3,049,440 shares of the company’s stock valued at $224,652,000 after buying an additional 1,935,356 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $60.45 on Wednesday. The firm has a 50-day moving average price of $59.20 and a two-hundred day moving average price of $66.30. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06. The company has a market capitalization of $80.83 billion, a P/E ratio of 17.68, a P/E/G ratio of 4.04 and a beta of 0.54. The company has a quick ratio of 0.42, a current ratio of 0.68 and a debt-to-equity ratio of 0.58.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) 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%. Analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

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

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date was Tuesday, December 31st. Mondelez International’s payout ratio is currently 54.97%.

Analyst Ratings Changes

A number of brokerages recently weighed in on MDLZ. Stifel Nicolaus lowered their target price on shares of Mondelez International from $82.00 to $70.00 and set a “buy” rating on the stock in a report on Friday, January 24th. DZ Bank lowered shares of Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 price objective on the stock. in a research note on Friday, February 7th. The Goldman Sachs Group cut their target price on shares of Mondelez International from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Wells Fargo & Company lowered their price target on Mondelez International from $61.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 5th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective 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. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.72.

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.