Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by NewSquare Capital LLC

NewSquare Capital LLC grew its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 3.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,578 shares of the company’s stock after purchasing an additional 470 shares during the period. NewSquare Capital LLC’s holdings in Mondelez International were worth $751,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of MDLZ. Truvestments Capital LLC acquired a new position in shares of Mondelez International in the 3rd quarter valued at $25,000. Marshall Investment Management LLC acquired a new position in Mondelez International during the 4th quarter worth about $26,000. Prospera Private Wealth LLC acquired a new position in Mondelez International during the 3rd quarter worth about $27,000. Hager Investment Management Services LLC acquired a new position in Mondelez International during the 4th quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Mondelez International during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. The Goldman Sachs Group decreased their target price on Mondelez International from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Dbs Bank lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 7th. Argus lowered Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 21st. Citigroup decreased their target price on Mondelez International from $78.00 to $71.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Finally, DZ Bank downgraded Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 price target on the stock. in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $69.74.

Mondelez International Trading Up 1.5 %

MDLZ opened at $66.30 on Thursday. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. The company has a market cap of $85.76 billion, a P/E ratio of 19.39, a PEG ratio of 4.34 and a beta of 0.50. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68. The business’s 50-day simple moving average is $59.77 and its 200-day simple moving average is $65.61.

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

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be paid a dividend of $0.47 per share. The ex-dividend date is Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a yield of 2.84%. Mondelez International’s dividend payout ratio is presently 54.97%.

Mondelez International declared that its board has initiated a share repurchase program on Wednesday, December 11th that permits the company to buyback $9.00 billion in outstanding shares. This buyback authorization permits the company to buy up to 10.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Mondelez International 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.