Texas Yale Capital Corp. Buys 225 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Texas Yale Capital Corp. increased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,163 shares of the company’s stock after acquiring an additional 225 shares during the quarter. Texas Yale Capital Corp.’s holdings in Mondelez International were worth $906,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Marshall Investment Management LLC acquired a new stake in shares of Mondelez International in the 4th quarter valued at approximately $26,000. Hager Investment Management Services LLC bought a new position in Mondelez International during the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Mondelez International in the 4th quarter valued at $31,000. McClarren Financial Advisors Inc. bought a new stake in shares of Mondelez International in the 4th quarter valued at $32,000. Finally, Sierra Ocean LLC acquired a new stake in Mondelez International in the 4th quarter valued at $32,000. 78.32% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Dbs Bank downgraded shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 7th. Deutsche Bank Aktiengesellschaft lowered their target price on Mondelez International from $67.00 to $62.00 and set a “hold” rating on the stock in a research note on Wednesday, January 22nd. Wells Fargo & Company lifted their target price on Mondelez International from $64.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 2nd. UBS Group lowered their target price on Mondelez International from $76.00 to $63.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Finally, Stifel Nicolaus lowered their target price on Mondelez International from $82.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $70.45.

Mondelez International Price Performance

Shares of Mondelez International stock opened at $66.19 on Thursday. Mondelez International, Inc. has a 52-week low of $53.95 and a 52-week high of $76.06. The stock has a market capitalization of $85.62 billion, a price-to-earnings ratio of 19.35, a price-to-earnings-growth ratio of 4.34 and a beta of 0.47. The company has a fifty day moving average of $63.99 and a 200-day moving average of $64.28. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68.

Mondelez International (NASDAQ:MDLZ) last announced 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 net margin of 12.68% and a return on equity of 16.75%. Equities research analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International announced that its Board of Directors has approved a share repurchase program on Wednesday, December 11th that authorizes the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization authorizes the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be issued a $0.47 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.88 annualized dividend and a yield of 2.84%. Mondelez International’s dividend payout ratio (DPR) is presently 54.97%.

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.