Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Menora Mivtachim Holdings LTD.

Menora Mivtachim Holdings LTD. reduced its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 32.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,014,770 shares of the company’s stock after selling 978,695 shares during the quarter. Menora Mivtachim Holdings LTD. owned 0.15% of Mondelez International worth $120,342,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in MDLZ. Glass Jacobson Investment Advisors llc increased its stake in Mondelez International by 6.7% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company’s stock valued at $160,000 after purchasing an additional 168 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in Mondelez International by 1.8% during the 4th quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company’s stock valued at $627,000 after buying an additional 181 shares during the last quarter. Traphagen Investment Advisors LLC lifted its holdings in Mondelez International by 0.8% in the 4th quarter. Traphagen Investment Advisors LLC now owns 23,619 shares of the company’s stock valued at $1,411,000 after purchasing an additional 187 shares in the last quarter. Core Alternative Capital boosted its position in Mondelez International by 1.7% during the fourth quarter. Core Alternative Capital now owns 11,448 shares of the company’s stock worth $684,000 after acquiring an additional 187 shares during the last quarter. Finally, Waldron Private Wealth LLC boosted its position in shares of Mondelez International by 1.0% in the fourth quarter. Waldron Private Wealth LLC now owns 19,496 shares of the company’s stock worth $1,164,000 after acquiring an additional 191 shares during the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $67.05 on Friday. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $76.06. The firm has a market capitalization of $86.73 billion, a P/E ratio of 19.61, a P/E/G ratio of 4.34 and a beta of 0.47. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48. The company’s 50 day moving average price is $64.38 and its two-hundred day moving average price is $64.18.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results 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%. On average, equities analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend is Monday, March 31st. Mondelez International’s payout ratio is 54.97%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MDLZ shares. Dbs Bank cut Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 7th. UBS Group dropped their target price on shares of Mondelez International from $76.00 to $63.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Wells Fargo & Company upped their price objective 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. JPMorgan Chase & Co. raised their price target on shares of Mondelez International from $64.00 to $74.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Mizuho upped their price objective on shares of Mondelez International from $64.00 to $70.00 and gave the stock an “outperform” rating in a report on Friday, February 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $70.50.

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.