Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC cut its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 53.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,850 shares of the company’s stock after selling 5,565 shares during the period. Insigneo Advisory Services LLC’s holdings in Mondelez International were worth $290,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Marshall Investment Management LLC acquired a new position in Mondelez International during the fourth quarter valued at approximately $26,000. Hager Investment Management Services LLC acquired a new stake in shares of Mondelez International in the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Mondelez International in the 4th quarter valued at $31,000. McClarren Financial Advisors Inc. acquired a new position in shares of Mondelez International during the 4th quarter valued at $32,000. Finally, Sierra Ocean LLC purchased a new stake in Mondelez International during the 4th quarter worth $32,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Stock Performance

MDLZ stock opened at $67.32 on Friday. The stock has a market cap of $87.08 billion, a P/E ratio of 19.68, a P/E/G ratio of 4.34 and a beta of 0.47. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68. The firm has a 50 day simple moving average of $65.25 and a 200 day simple moving average of $64.02. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. Research analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, March 31st were given a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 2.79%. The ex-dividend date of this dividend was Monday, March 31st. Mondelez International’s dividend payout ratio is 54.97%.

Analyst Ratings Changes

Several equities research analysts recently commented on MDLZ shares. Royal Bank of Canada dropped their target price on Mondelez International from $75.00 to $69.00 and set an “outperform” rating on the stock in a report on Thursday, February 6th. Argus lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 21st. Piper Sandler upped their target price on shares of Mondelez International from $59.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 9th. Stifel Nicolaus dropped 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 note on Friday, January 24th. Finally, Jefferies Financial Group lowered shares of Mondelez International from a “buy” rating to a “hold” rating and cut their price objective for the stock from $75.00 to $62.00 in a report on Tuesday, January 21st. One 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’s stock. According to MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $70.80.

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.