Curi RMB Capital LLC Sells 3,827 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Curi RMB Capital LLC trimmed its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 30.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,566 shares of the company’s stock after selling 3,827 shares during the quarter. Curi RMB Capital LLC’s holdings in Mondelez International were worth $512,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of MDLZ. Marshall Investment Management LLC bought a new position in shares of Mondelez International in the fourth quarter worth about $26,000. Hager Investment Management Services LLC purchased a new stake in shares of Mondelez International in the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Mondelez International in the fourth quarter worth approximately $31,000. McClarren Financial Advisors Inc. purchased a new position in Mondelez International during the 4th quarter worth $32,000. Finally, Sierra Ocean LLC bought a new stake in Mondelez International during the 4th quarter valued at $32,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Argus downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a research note on Wednesday, January 22nd. Dbs Bank cut Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 7th. Morgan Stanley assumed coverage on Mondelez International in a research report on Monday, March 24th. They issued an “overweight” rating and a $69.00 price target for the company. Finally, Wells Fargo & Company lifted their target price on Mondelez International from $64.00 to $68.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $70.80.

Mondelez International Trading Up 0.7 %

Mondelez International stock opened at $67.76 on Tuesday. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06. The stock has a 50-day moving average price of $65.40 and a 200 day moving average price of $63.88. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $87.65 billion, a price-to-earnings ratio of 19.81, a price-to-earnings-growth ratio of 4.34 and a beta of 0.47.

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

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were paid a $0.47 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.77%. Mondelez International’s payout ratio is 54.97%.

Mondelez International Company 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.