Mondelez International Inc (NASDAQ:MDLZ) Shares Sold by Planning Alternatives Ltd. ADV

Planning Alternatives Ltd. ADV decreased its position in shares of Mondelez International Inc (NASDAQ:MDLZ) by 16.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,222 shares of the company’s stock after selling 4,300 shares during the period. Mondelez International accounts for approximately 0.2% of Planning Alternatives Ltd. ADV’s portfolio, making the stock its 28th biggest holding. Planning Alternatives Ltd. ADV’s holdings in Mondelez International were worth $1,198,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MDLZ. Manchester Financial Inc. purchased a new position in shares of Mondelez International in the 2nd quarter valued at approximately $30,000. Canton Hathaway LLC purchased a new position in shares of Mondelez International in the 1st quarter valued at approximately $32,000. FNY Investment Advisers LLC purchased a new position in shares of Mondelez International in the 2nd quarter valued at approximately $35,000. Gemmer Asset Management LLC boosted its stake in shares of 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 buying an additional 357 shares in the last quarter. Finally, Live Your Vision LLC boosted its stake in shares of Mondelez International by 99.0% in the first quarter. Live Your Vision LLC now owns 824 shares of the company’s stock valued at $41,000 after buying an additional 410 shares in the last quarter. 75.96% of the stock is currently owned by institutional investors.

In other news, EVP Maurizio Brusadelli sold 39,882 shares of the business’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $54.52, for a total value of $2,174,366.64. Following the completion of the transaction, the executive vice president now directly owns 85,388 shares of the company’s stock, valued at $4,655,353.76. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.50% of the stock is currently owned by insiders.

A number of analysts recently weighed in on the company. Buckingham Research lifted their price target on Mondelez International from $57.00 to $62.00 and gave the company a “buy” rating in a research note on Wednesday. They noted that the move was a valuation call. BidaskClub downgraded Mondelez International from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Zacks Investment Research downgraded Mondelez International from a “hold” rating to a “sell” rating in a research note on Wednesday, April 17th. Citigroup set a $60.00 price target on Mondelez International and gave the company a “hold” rating in a research note on Wednesday. Finally, Morgan Stanley lifted their price target on Mondelez International from $60.00 to $62.00 and gave the company an “equal weight” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company. Mondelez International presently has a consensus rating of “Buy” and a consensus target price of $57.50.

MDLZ traded up $0.13 during trading on Friday, reaching $53.76. 6,627,870 shares of the stock were exchanged, compared to its average volume of 5,314,593. The stock’s 50 day moving average price is $54.82. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.44 and a quick ratio of 0.33. The firm has a market capitalization of $77.25 billion, a P/E ratio of 22.12, a price-to-earnings-growth ratio of 2.80 and a beta of 0.82. Mondelez International Inc has a 1 year low of $38.78 and a 1 year high of $55.85.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, July 30th. The company reported $0.57 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.57. The company had revenue of $6.06 billion for the quarter, compared to the consensus estimate of $6.03 billion. Mondelez International had a return on equity of 14.07% and a net margin of 14.57%. Mondelez International’s quarterly revenue was down .8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.56 earnings per share. Equities research analysts anticipate that Mondelez International Inc will post 2.48 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 14th. Shareholders of record on Monday, September 30th will be given a dividend of $0.285 per share. This represents a $1.14 dividend on an annualized basis and a yield of 2.12%. This is an increase from Mondelez International’s previous quarterly dividend of $0.26. The ex-dividend date is Friday, September 27th. Mondelez International’s payout ratio is presently 42.80%.

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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