ORG Partners LLC Increases Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

ORG Partners LLC raised its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 38.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,382 shares of the company’s stock after purchasing an additional 661 shares during the period. ORG Partners LLC’s holdings in Mondelez International were worth $142,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in the company. Fortitude Family Office LLC grew its holdings in shares of Mondelez International by 12.2% in the fourth quarter. Fortitude Family Office LLC now owns 1,856 shares of the company’s stock valued at $111,000 after purchasing an additional 202 shares in the last quarter. Hudson Valley Investment Advisors Inc. ADV lifted its position in Mondelez International by 5.8% during the fourth quarter. Hudson Valley Investment Advisors Inc. ADV now owns 61,504 shares of the company’s stock valued at $3,674,000 after purchasing an additional 3,377 shares during the last quarter. Legacy Private Trust Co. grew its stake in shares of Mondelez International by 33.2% in the 4th quarter. Legacy Private Trust Co. now owns 3,841 shares of the company’s stock worth $229,000 after buying an additional 957 shares in the last quarter. Douglas Lane & Associates LLC raised its position in shares of Mondelez International by 1.4% during the 4th quarter. Douglas Lane & Associates LLC now owns 14,130 shares of the company’s stock valued at $844,000 after buying an additional 198 shares in the last quarter. Finally, Diversified Trust Co raised its position in shares of Mondelez International by 85.6% during the 4th quarter. Diversified Trust Co now owns 41,574 shares of the company’s stock valued at $2,483,000 after buying an additional 19,175 shares in the last quarter. 78.32% of the stock is owned by institutional investors.

Mondelez International Price Performance

MDLZ opened at $56.25 on Friday. The company has a market capitalization of $75.22 billion, a price-to-earnings ratio of 19.95, a PEG ratio of 2.80 and a beta of 0.54. The company has a current ratio of 0.63, a quick ratio of 0.42 and a debt-to-equity ratio of 0.59. Mondelez International, Inc. has a 12-month low of $56.21 and a 12-month high of $77.20. The business’s fifty day simple moving average is $62.59 and its 200-day simple moving average is $67.56.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, October 29th. The company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.14. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. The business had revenue of $9.20 billion for the quarter, compared to the consensus estimate of $9.11 billion. During the same quarter last year, the firm posted $0.82 EPS. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. On average, equities research analysts anticipate that Mondelez International, Inc. will post 3.48 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.47 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.88 dividend on an annualized basis and a yield of 3.34%. Mondelez International’s dividend payout ratio is currently 66.67%.

Mondelez International declared that its board has approved a stock 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 often an indication that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

MDLZ has been the topic of several analyst reports. Bank of America boosted their price objective on Mondelez International from $80.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, October 15th. Wells Fargo & Company restated an “equal weight” rating and set a $61.00 price target (down previously from $74.00) on shares of Mondelez International in a report on Tuesday, January 7th. Stifel Nicolaus boosted their price objective on shares of Mondelez International from $75.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Citigroup lowered their target price on shares of Mondelez International from $78.00 to $71.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Mondelez International from a “buy” rating to a “hold” rating and cut their price target for the company from $78.00 to $67.00 in a report on Thursday, December 12th. Three equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $77.64.

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.