First Allied Advisory Services Inc. Acquires 1,905 Shares of Mondelez International Inc (MDLZ)

First Allied Advisory Services Inc. increased its holdings in shares of Mondelez International Inc (NASDAQ:MDLZ) by 5.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,978 shares of the company’s stock after buying an additional 1,905 shares during the period. First Allied Advisory Services Inc.’s holdings in Mondelez International were worth $1,686,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Canton Hathaway LLC bought a new stake in Mondelez International in the first quarter valued at approximately $32,000. Exane Derivatives bought a new stake in Mondelez International in the fourth quarter valued at approximately $33,000. Northwest Wealth Management LLC increased its stake in Mondelez International by 355.4% in the fourth quarter. Northwest Wealth Management LLC now owns 838 shares of the company’s stock valued at $34,000 after purchasing an additional 654 shares in the last quarter. Sontag Advisory LLC bought a new stake in Mondelez International in the fourth quarter valued at approximately $34,000. Finally, Gemmer Asset Management LLC increased its stake in Mondelez International by 101.4% in the first quarter. Gemmer Asset Management LLC now owns 709 shares of the company’s stock valued at $35,000 after purchasing an additional 357 shares in the last quarter. 76.64% of the stock is owned by institutional investors and hedge funds.

In related news, EVP Alejandro Lorenzo sold 26,347 shares of the stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $46.94, for a total transaction of $1,236,728.18. Following the completion of the transaction, the executive vice president now owns 59,320 shares in the company, valued at $2,784,480.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Maurizio Brusadelli sold 5,495 shares of the stock in a transaction on Monday, February 25th. The stock was sold at an average price of $47.27, for a total transaction of $259,748.65. Following the transaction, the executive vice president now owns 78,523 shares of the company’s stock, valued at approximately $3,711,782.21. The disclosure for this sale can be found here. Insiders have sold 71,842 shares of company stock valued at $3,559,277 in the last 90 days. 1.50% of the stock is currently owned by corporate insiders.

Several research analysts have recently weighed in on MDLZ shares. BidaskClub upgraded shares of Mondelez International from a “buy” rating to a “strong-buy” rating in a report on Monday, February 4th. ValuEngine upgraded shares of Mondelez International from a “hold” rating to a “buy” rating in a report on Friday, March 22nd. UBS Group upped their price target on shares of Mondelez International to $56.00 and gave the company a “buy” rating in a report on Monday, April 15th. They noted that the move was a valuation call. Zacks Investment Research cut shares of Mondelez International from a “hold” rating to a “sell” rating in a report on Thursday, January 24th. Finally, Credit Suisse Group upped their price target on shares of Mondelez International from $50.00 to $59.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. Mondelez International currently has an average rating of “Buy” and a consensus price target of $49.67.

Mondelez International stock opened at $52.23 on Friday. The company has a market capitalization of $75.23 billion, a PE ratio of 21.49, a P/E/G ratio of 2.74 and a beta of 0.89. Mondelez International Inc has a twelve month low of $38.78 and a twelve month high of $52.98. The company has a quick ratio of 0.33, a current ratio of 0.48 and a debt-to-equity ratio of 0.50.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 30th. The company reported $0.65 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.04. The company had revenue of $6.54 billion during the quarter, compared to analysts’ expectations of $6.55 billion. Mondelez International had a net margin of 12.66% and a return on equity of 14.17%. The business’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.62 earnings per share. As a group, equities research analysts predict that Mondelez International Inc will post 2.49 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Investors of record on Friday, June 28th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.99%. The ex-dividend date is Thursday, June 27th. Mondelez International’s payout ratio is 42.80%.

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Mondelez International Company Profile

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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