Unigestion Holding SA Has $5 Million Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Unigestion Holding SA lessened its holdings in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 18.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 83,642 shares of the company's stock after selling 18,470 shares during the period. Unigestion Holding SA's holdings in Mondelez International were worth $4,996,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Continuum Advisory LLC lifted its holdings in shares of Mondelez International by 7.4% in the third quarter. Continuum Advisory LLC now owns 2,542 shares of the company's stock valued at $187,000 after purchasing an additional 175 shares in the last quarter. First Horizon Advisors Inc. raised its position in Mondelez International by 1.8% during the fourth quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company's stock valued at $627,000 after buying an additional 181 shares during the period. Traphagen Investment Advisors LLC lifted its stake in Mondelez International by 0.8% in the 4th quarter. Traphagen Investment Advisors LLC now owns 23,619 shares of the company's stock worth $1,411,000 after acquiring an additional 187 shares in the last quarter. Core Alternative Capital boosted its position in Mondelez International by 1.7% during the 4th quarter. Core Alternative Capital now owns 11,448 shares of the company's stock worth $684,000 after acquiring an additional 187 shares during the period. Finally, Waldron Private Wealth LLC grew its stake in Mondelez International by 1.0% during 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 in the last quarter. Institutional investors and hedge funds own 78.32% of the company's stock.

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Wall Street Analysts Forecast Growth

MDLZ has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Mondelez International from $67.00 to $62.00 and set a "hold" rating for the company in a research report on Wednesday, January 22nd. The Goldman Sachs Group cut their target price on shares of Mondelez International from $68.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. Dbs Bank cut shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a report on Friday, February 7th. Wells Fargo & Company increased their price objective on Mondelez International from $64.00 to $68.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 2nd. Finally, Mizuho lifted their price objective on Mondelez International from $64.00 to $70.00 and gave the company an "outperform" rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Mondelez International has an average rating of "Moderate Buy" and an average price target of $70.50.

Mondelez International Stock Performance

MDLZ traded up $1.59 during trading on Friday, hitting $67.57. The stock had a trading volume of 3,419,409 shares, compared to its average volume of 8,038,675. The firm has a market cap of $87.40 billion, a PE ratio of 19.63, a P/E/G ratio of 4.34 and a beta of 0.47. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The company has a 50 day simple moving average of $64.16 and a 200-day simple moving average of $64.22.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly earnings data 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 return on equity of 16.75% and a net margin of 12.68%. Analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be issued 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 dividend yield of 2.78%. Mondelez International's dividend payout ratio (DPR) is presently 54.97%.

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.