Pavion Blue Capital LLC Buys 2,582 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Pavion Blue Capital LLC increased its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,221 shares of the company’s stock after buying an additional 2,582 shares during the period. Mondelez International accounts for 2.5% of Pavion Blue Capital LLC’s portfolio, making the stock its 13th largest position. Pavion Blue Capital LLC’s holdings in Mondelez International were worth $5,389,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Truvestments Capital LLC bought a new position in shares of Mondelez International during the third quarter valued at approximately $25,000. Prospera Private Wealth LLC bought a new position in shares of Mondelez International during the third quarter valued at approximately $27,000. Richardson Financial Services Inc. increased its stake in shares of Mondelez International by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock valued at $28,000 after purchasing an additional 200 shares in the last quarter. Marshall Investment Management LLC bought a new position in shares of Mondelez International during the fourth quarter valued at approximately $26,000. Finally, Hager Investment Management Services LLC bought a new position in shares of Mondelez International during the fourth quarter valued at approximately $27,000. 78.32% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on MDLZ shares. Barclays decreased their target price on shares of Mondelez International from $69.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, February 6th. Stifel Nicolaus decreased their target price on shares of Mondelez International from $82.00 to $70.00 and set a “buy” rating for the company in a research note on Friday, January 24th. Citigroup reduced their price target on shares of Mondelez International from $78.00 to $71.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a research report on Wednesday, January 22nd. Finally, The Goldman Sachs Group reduced their price target on shares of Mondelez International from $68.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.74.

Mondelez International Trading Up 4.1 %

Shares of MDLZ stock opened at $64.70 on Friday. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The firm’s 50 day moving average is $58.98 and its 200 day moving average is $65.89. The stock has a market capitalization of $83.69 billion, a P/E ratio of 18.92, a P/E/G ratio of 4.34 and a beta of 0.54.

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

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.91%. The ex-dividend date of this dividend is Monday, March 31st. Mondelez International’s dividend payout ratio is presently 54.97%.

Mondelez International declared that its Board of Directors has authorized a stock buyback program on Wednesday, December 11th that allows the company to buyback $9.00 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its stock is undervalued.

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.