Aull & Monroe Investment Management Corp Has $668,000 Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Aull & Monroe Investment Management Corp cut its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 6.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,181 shares of the company’s stock after selling 730 shares during the quarter. Aull & Monroe Investment Management Corp’s holdings in Mondelez International were worth $668,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of MDLZ. Czech National Bank raised its stake in Mondelez International by 6.5% during the fourth quarter. Czech National Bank now owns 289,931 shares of the company’s stock worth $17,318,000 after acquiring an additional 17,815 shares in the last quarter. Buckingham Capital Management Inc. boosted its holdings in Mondelez International by 25.5% during the fourth quarter. Buckingham Capital Management Inc. now owns 93,394 shares of the company’s stock worth $5,578,000 after buying an additional 18,961 shares during the last quarter. Legacy Private Trust Co. raised its position in shares of Mondelez International by 33.2% during the fourth quarter. Legacy Private Trust Co. now owns 3,841 shares of the company’s stock worth $229,000 after purchasing an additional 957 shares during the period. Kennedy Investment Group acquired a new stake in shares of Mondelez International during the fourth quarter worth about $313,000. Finally, Rhumbline Advisers raised its position in shares of Mondelez International by 1.4% during the fourth quarter. Rhumbline Advisers now owns 2,742,126 shares of the company’s stock worth $163,787,000 after purchasing an additional 37,897 shares during the period. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Trading Up 1.5 %

Shares of Mondelez International stock opened at $66.30 on Thursday. The firm has a market cap of $85.76 billion, a price-to-earnings ratio of 19.39, a PEG ratio of 4.34 and a beta of 0.50. The business has a 50-day moving average price of $59.77 and a 200-day moving average price of $65.61. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06.

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

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

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a yield of 2.84%. Mondelez International’s dividend payout ratio is presently 54.97%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on MDLZ shares. Mizuho lifted their target price on Mondelez International from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Friday, February 14th. Argus downgraded Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 21st. Royal Bank of Canada reduced their price target on Mondelez International from $75.00 to $69.00 and set an “outperform” rating for the company in a research note on Thursday, February 6th. Barclays dropped their price objective on Mondelez International from $69.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, February 6th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a report on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.