Insigneo Advisory Services LLC Reduces Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Insigneo Advisory Services LLC cut its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 53.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,850 shares of the company's stock after selling 5,565 shares during the period. Insigneo Advisory Services LLC's holdings in Mondelez International were worth $290,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Glass Jacobson Investment Advisors llc raised its position in Mondelez International by 6.7% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company's stock worth $160,000 after buying an additional 168 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in shares of Mondelez International by 1.8% in the 4th quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company's stock valued at $627,000 after purchasing an additional 181 shares during the period. Traphagen Investment Advisors LLC grew its position in shares of Mondelez International by 0.8% during the 4th quarter. Traphagen Investment Advisors LLC now owns 23,619 shares of the company's stock valued at $1,411,000 after acquiring an additional 187 shares during the period. Core Alternative Capital grew its holdings in Mondelez International by 1.7% in the fourth quarter. Core Alternative Capital now owns 11,448 shares of the company's stock valued at $684,000 after purchasing an additional 187 shares during the period. Finally, Waldron Private Wealth LLC grew its stake in Mondelez International by 1.0% in the 4th quarter. Waldron Private Wealth LLC now owns 19,496 shares of the company's stock valued at $1,164,000 after acquiring an additional 191 shares during the period. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Stock Down 1.3 %

Shares of NASDAQ:MDLZ traded down $0.86 on Wednesday, hitting $67.43. 4,435,959 shares of the company's stock were exchanged, compared to its average volume of 7,992,742. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06. The company has a market capitalization of $87.23 billion, a PE ratio of 19.72, a P/E/G ratio of 4.34 and a beta of 0.47. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68. The firm's 50-day moving average is $65.54 and its 200 day moving average is $63.91.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share (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%. Sell-side analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Monday, March 31st were paid a dividend of $0.47 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.88 annualized dividend and a yield of 2.79%. Mondelez International's dividend payout ratio is currently 54.97%.

Analyst Upgrades and Downgrades

MDLZ has been the topic of a number of research reports. Royal Bank of Canada decreased their price objective on Mondelez International from $75.00 to $69.00 and set an "outperform" rating on the stock in a report on Thursday, February 6th. Evercore ISI increased their price target on Mondelez International from $67.00 to $70.00 and gave the stock an "outperform" rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Mondelez International from $67.00 to $62.00 and set a "hold" rating on the stock in a research report on Wednesday, January 22nd. Wells Fargo & Company increased their price objective on shares of Mondelez International from $64.00 to $68.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 2nd. Finally, Dbs Bank lowered Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $70.05.

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.