4,023 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Acquired by RD Lewis Holdings Inc.

RD Lewis Holdings Inc. bought a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,023 shares of the company’s stock, valued at approximately $235,000.

A number of other large investors have also bought and sold shares of MDLZ. Raymond James Financial Inc. bought a new stake in Mondelez International during the 4th quarter worth approximately $256,832,000. Van ECK Associates Corp increased its stake in Mondelez International by 2,560.0% during the 4th quarter. Van ECK Associates Corp now owns 3,411,179 shares of the company’s stock worth $203,749,000 after purchasing an additional 3,282,937 shares in the last quarter. Ilex Capital Partners UK LLP bought a new position in shares of Mondelez International during the 3rd quarter worth approximately $219,045,000. FMR LLC grew its stake in shares of Mondelez International by 14.2% during the 3rd quarter. FMR LLC now owns 18,255,657 shares of the company’s stock worth $1,344,894,000 after acquiring an additional 2,268,639 shares in the last quarter. Finally, Holocene Advisors LP bought a new position in shares of Mondelez International during the 3rd quarter worth approximately $159,823,000. 78.32% of the stock is owned by institutional investors.

Mondelez International Trading Up 1.2 %

Shares of Mondelez International stock opened at $65.09 on Tuesday. The business has a fifty day simple moving average of $60.83 and a two-hundred day simple moving average of $65.30. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $76.06. The company has a market capitalization of $84.20 billion, a price-to-earnings ratio of 19.03, a P/E/G ratio of 4.34 and a beta of 0.50. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48.

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

Mondelez International announced that its board has authorized a share buyback program on Wednesday, December 11th that permits the company to buyback $9.00 billion in shares. This buyback authorization permits the company to reacquire up to 10.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date is Monday, March 31st. Mondelez International’s dividend payout ratio is currently 54.97%.

Analyst Ratings Changes

Several brokerages have recently weighed in on MDLZ. Argus cut shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 21st. UBS Group decreased their price target on shares of Mondelez International from $76.00 to $63.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. The Goldman Sachs Group decreased 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 note on Thursday, February 6th. Mizuho raised their price target on shares of Mondelez International from $64.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, February 14th. Finally, Stifel Nicolaus decreased their price target 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. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and an average price target of $69.74.

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.