Sapient Capital LLC Acquires 231 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Sapient Capital LLC raised its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 0.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,887 shares of the company’s stock after acquiring an additional 231 shares during the quarter. Sapient Capital LLC’s holdings in Mondelez International were worth $2,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in MDLZ. Truvestments Capital LLC purchased a new position in Mondelez International during the 3rd quarter valued at about $25,000. Prospera Private Wealth LLC bought a new position in shares of Mondelez International in the third quarter valued at approximately $27,000. Hager Investment Management Services LLC purchased a new position in Mondelez International during the fourth quarter valued at approximately $27,000. Richardson Financial Services Inc. increased its holdings in Mondelez International by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock worth $28,000 after acquiring an additional 200 shares during the period. Finally, Highline Wealth Partners LLC purchased a new stake in Mondelez International in the 3rd quarter worth approximately $38,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Up 0.1 %

NASDAQ:MDLZ opened at $58.53 on Tuesday. The firm has a market capitalization of $78.27 billion, a P/E ratio of 17.11, a P/E/G ratio of 4.04 and a beta of 0.54. The company has a quick ratio of 0.42, a current ratio of 0.68 and a debt-to-equity ratio of 0.58. The company has a fifty day moving average of $59.34 and a 200 day moving average of $66.35. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06.

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, research analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International declared that its board has initiated a share buyback program on Wednesday, December 11th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 10.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its shares are undervalued.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were given a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.88 annualized dividend and a dividend yield of 3.21%. Mondelez International’s dividend payout ratio is 54.97%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Barclays reduced their price target on shares of Mondelez International from $69.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, February 6th. Jefferies Financial Group cut Mondelez International from a “buy” rating to a “hold” rating and lowered their price target for the company from $75.00 to $62.00 in a report on Tuesday, January 21st. Citigroup cut their price objective on Mondelez International from $78.00 to $71.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Redburn Atlantic began coverage on shares of Mondelez International in a research note on Tuesday, October 22nd. They issued a “buy” rating and a $82.00 target price on the stock. Finally, DZ Bank cut shares of Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 price target for the company. in a research note on Friday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $69.72.

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.