Mondelez International Inc (MDLZ) Shares Sold by Mutual of Omaha Bank Wealth Management

Mutual of Omaha Bank Wealth Management lessened its holdings in shares of Mondelez International Inc (NASDAQ:MDLZ) by 1.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,532 shares of the company’s stock after selling 200 shares during the quarter. Mutual of Omaha Bank Wealth Management’s holdings in Mondelez International were worth $726,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in MDLZ. Braun Bostich & Associates Inc. grew its stake in shares of Mondelez International by 28.9% in the 4th quarter. Braun Bostich & Associates Inc. now owns 977 shares of the company’s stock valued at $39,000 after buying an additional 219 shares in the last quarter. Versant Capital Management Inc lifted its holdings in Mondelez International by 13.1% in the 1st quarter. Versant Capital Management Inc now owns 2,015 shares of the company’s stock worth $100,000 after purchasing an additional 234 shares during the last quarter. Community Bank N.A. lifted its holdings in Mondelez International by 10.6% in the 4th quarter. Community Bank N.A. now owns 2,497 shares of the company’s stock worth $100,000 after purchasing an additional 239 shares during the last quarter. Cornerstone Advisors Inc. lifted its holdings in Mondelez International by 3.0% in the 4th quarter. Cornerstone Advisors Inc. now owns 8,643 shares of the company’s stock worth $346,000 after purchasing an additional 248 shares during the last quarter. Finally, Strategic Financial Services Inc lifted its holdings in Mondelez International by 0.3% in the 1st quarter. Strategic Financial Services Inc now owns 97,255 shares of the company’s stock worth $4,855,000 after purchasing an additional 250 shares during the last quarter. 76.94% of the stock is currently owned by institutional investors.

In other Mondelez International news, EVP Alejandro Lorenzo sold 26,347 shares of the company’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $46.94, for a total value of $1,236,728.18. Following the sale, the executive vice president now directly owns 59,320 shares in the company, valued at $2,784,480.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Gerhard W. Pleuhs sold 29,340 shares of the company’s stock in a transaction on Wednesday, February 13th. The shares were sold at an average price of $47.72, for a total value of $1,400,104.80. Following the completion of the sale, the executive vice president now owns 229,700 shares in the company, valued at $10,961,284. The disclosure for this sale can be found here. Insiders sold 72,127 shares of company stock worth $3,398,519 over the last quarter. Company insiders own 1.50% of the company’s stock.

MDLZ has been the subject of several analyst reports. Zacks Investment Research lowered Mondelez International from a “hold” rating to a “sell” rating in a report on Wednesday, April 17th. ValuEngine upgraded Mondelez International from a “hold” rating to a “buy” rating in a report on Friday, March 22nd. BidaskClub lowered Mondelez International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 6th. Berenberg Bank lowered Mondelez International from a “buy” rating to a “hold” rating and set a $43.00 target price for the company. in a report on Thursday, January 24th. Finally, Barclays restated a “buy” rating and issued a $49.00 target price on shares of Mondelez International in a report on Friday, February 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $47.90.

Shares of MDLZ stock opened at $50.01 on Friday. Mondelez International Inc has a 12 month low of $37.42 and a 12 month high of $50.70. The company has a market cap of $72.06 billion, a PE ratio of 20.58, a price-to-earnings-growth ratio of 2.67 and a beta of 0.90. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.45 and a quick ratio of 0.30.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Wednesday, January 30th. The company reported $0.63 EPS for the quarter, hitting analysts’ consensus estimates of $0.63. Mondelez International had a return on equity of 14.03% and a net margin of 12.64%. The company had revenue of $6.77 billion during the quarter, compared to analyst estimates of $6.77 billion. During the same period in the previous year, the company earned $0.57 earnings per share. The company’s quarterly revenue was down 2.8% compared to the same quarter last year. Equities analysts anticipate that Mondelez International Inc will post 2.48 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 29th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date was Thursday, March 28th. Mondelez International’s dividend payout ratio (DPR) is 42.80%.

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About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The company's primary snack brand portfolio includes Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; and Trident gums and Tang powdered beverages.

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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