Guidance Capital Inc. Reduces Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Guidance Capital Inc. trimmed its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 20.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,539 shares of the company’s stock after selling 2,459 shares during the quarter. Guidance Capital Inc.’s holdings in Mondelez International were worth $548,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Axiom Advisory LLC increased its stake in shares of Mondelez International by 1.6% during the third quarter. Axiom Advisory LLC now owns 9,152 shares of the company’s stock valued at $643,000 after buying an additional 143 shares during the period. Hazlett Burt & Watson Inc. increased its position in Mondelez International by 16.5% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,058 shares of the company’s stock valued at $78,000 after purchasing an additional 150 shares during the period. Carnegie Investment Counsel raised its holdings in Mondelez International by 1.4% in the 3rd quarter. Carnegie Investment Counsel now owns 11,007 shares of the company’s stock worth $811,000 after purchasing an additional 151 shares in the last quarter. SeaCrest Wealth Management LLC lifted its position in shares of Mondelez International by 1.3% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 12,130 shares of the company’s stock worth $894,000 after purchasing an additional 156 shares during the period. Finally, Canopy Partners LLC boosted its stake in shares of Mondelez International by 1.2% during the 3rd quarter. Canopy Partners LLC now owns 13,335 shares of the company’s stock valued at $982,000 after purchasing an additional 161 shares in the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $56.12 on Wednesday. The firm has a market cap of $75.04 billion, a P/E ratio of 19.90, a PEG ratio of 3.12 and a beta of 0.54. Mondelez International, Inc. has a twelve month low of $55.88 and a twelve month high of $76.69. The company has a quick ratio of 0.42, a current ratio of 0.63 and a debt-to-equity ratio of 0.59. The company has a 50 day moving average of $59.94 and a 200 day moving average of $66.60.

Mondelez International (NASDAQ:MDLZ) last posted 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 17.53% and a net margin of 10.58%. As a group, research analysts expect that Mondelez International, Inc. will post 3.44 EPS for the current fiscal year.

Mondelez International declared that its Board of Directors has authorized a share buyback plan on Wednesday, December 11th that authorizes the company to buyback $9.00 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 10.7% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its shares are undervalued.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend was Tuesday, December 31st. Mondelez International’s payout ratio is presently 66.67%.

Wall Street Analyst Weigh In

MDLZ has been the subject of a number of research reports. Bank of America increased their price target on shares of Mondelez International from $80.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, October 15th. Royal Bank of Canada reissued an “outperform” rating and issued a $75.00 target price on shares of Mondelez International in a research report on Thursday, January 30th. Stifel Nicolaus dropped their price target on Mondelez International from $82.00 to $70.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Redburn Atlantic initiated coverage on Mondelez International in a report on Tuesday, October 22nd. They issued a “buy” rating and a $82.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a research report on Wednesday, January 22nd. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and a consensus target price of $72.76.

About Mondelez International

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.