16,035 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Purchased by GWN Securities Inc.

GWN Securities Inc. acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 16,035 shares of the company's stock, valued at approximately $921,000.

A number of other large investors have also modified their holdings of MDLZ. Truvestments Capital LLC acquired a new stake in Mondelez International in the 3rd quarter valued at $25,000. Marshall Investment Management LLC acquired a new stake in shares of Mondelez International in the fourth quarter valued at about $26,000. Prospera Private Wealth LLC purchased a new stake in shares of Mondelez International during the third quarter worth about $27,000. Hager Investment Management Services LLC purchased a new stake in shares of Mondelez International during the fourth quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Mondelez International during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 78.32% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Stifel Nicolaus lowered their price objective on Mondelez International from $82.00 to $70.00 and set a "buy" rating on the stock in a report on Friday, January 24th. Royal Bank of Canada lowered their price target on Mondelez International from $75.00 to $69.00 and set an "outperform" rating on the stock in a research note on Thursday, February 6th. Piper Sandler downgraded Mondelez International from an "overweight" rating to a "neutral" rating and reduced their price objective for the company from $70.00 to $63.00 in a research note on Friday, January 31st. Barclays lowered their target price on shares of Mondelez International from $69.00 to $63.00 and set an "overweight" rating on the stock in a research note on Thursday, February 6th. Finally, Dbs Bank cut shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, Mondelez International currently has an average rating of "Moderate Buy" and a consensus target price of $69.74.

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Mondelez International Trading Down 0.1 %

Mondelez International stock traded down $0.05 during mid-day trading on Thursday, hitting $63.95. The company's stock had a trading volume of 6,013,620 shares, compared to its average volume of 7,432,299. The stock's fifty day moving average is $61.07 and its two-hundred day moving average is $65.24. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $82.72 billion, a PE ratio of 18.70, a price-to-earnings-growth ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $76.06.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $0.66 by ($0.01). Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. On average, analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date is Monday, March 31st. Mondelez International's dividend payout ratio (DPR) is 54.97%.

Mondelez International announced that its board has authorized a stock buyback plan on Wednesday, December 11th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

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.