Shelton Capital Management Raises Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Shelton Capital Management boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 13.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 311,305 shares of the company’s stock after purchasing an additional 37,933 shares during the quarter. Shelton Capital Management’s holdings in Mondelez International were worth $18,594,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Marshall Investment Management LLC acquired a new stake in shares of Mondelez International in the 4th quarter worth $26,000. Hager Investment Management Services LLC purchased a new position in Mondelez International in the 4th quarter worth $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Mondelez International during the 4th quarter worth about $31,000. Sierra Ocean LLC purchased a new stake in Mondelez International during the 4th quarter valued at about $32,000. Finally, McClarren Financial Advisors Inc. acquired a new position in shares of Mondelez International in the fourth quarter valued at about $32,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Wells Fargo & Company lifted their target price on Mondelez International from $64.00 to $68.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 2nd. Jefferies Financial Group downgraded shares of Mondelez International from a “buy” rating to a “hold” rating and dropped their price objective for the company from $75.00 to $62.00 in a report on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a research report on Wednesday, January 22nd. Barclays cut their price target on Mondelez International from $69.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, February 6th. Finally, UBS Group decreased their price objective on Mondelez International from $76.00 to $63.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $70.20.

Mondelez International Trading Down 1.6 %

MDLZ stock opened at $65.23 on Tuesday. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06. The business’s 50-day moving average is $63.39 and its 200 day moving average is $64.40. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The stock has a market cap of $84.38 billion, a price-to-earnings ratio of 19.07, a PEG ratio of 4.34 and a beta of 0.47.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. On average, sell-side analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.88%. The ex-dividend date of this dividend is Monday, March 31st. Mondelez International’s dividend payout ratio is currently 54.97%.

Mondelez International announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, December 11th that allows the company to buyback $9.00 billion in shares. This buyback authorization allows the company to buy up to 10.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are 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.