S.A. Mason LLC Has $421,000 Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

S.A. Mason LLC decreased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 3.0% during the 4th quarter, Holdings Channel reports. The firm owned 7,056 shares of the company’s stock after selling 218 shares during the period. S.A. Mason LLC’s holdings in Mondelez International were worth $421,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in MDLZ. Mizuho Securities USA LLC lifted its stake in Mondelez International by 12,057.4% in the third quarter. Mizuho Securities USA LLC now owns 12,574,000 shares of the company’s stock valued at $926,327,000 after acquiring an additional 12,470,573 shares during the last quarter. Ilex Capital Partners UK LLP acquired a new stake in shares of Mondelez International in the third quarter valued at approximately $219,045,000. FMR LLC boosted its stake in shares of Mondelez International by 14.2% during the 3rd quarter. FMR LLC now owns 18,255,657 shares of the company’s stock worth $1,344,894,000 after acquiring an additional 2,268,639 shares during the period. Holocene Advisors LP acquired a new position in shares of Mondelez International during the 3rd quarter worth approximately $159,823,000. Finally, National Bank of Canada FI raised its stake in Mondelez International by 173.7% in the 3rd quarter. National Bank of Canada FI now owns 3,049,440 shares of the company’s stock valued at $224,652,000 after acquiring an additional 1,935,356 shares during the period. Institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Stifel Nicolaus decreased their price objective on shares of Mondelez International from $82.00 to $70.00 and set a “buy” rating on the stock in a report on Friday, January 24th. Piper Sandler cut shares of Mondelez International from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $70.00 to $63.00 in a report on Friday. Jefferies Financial Group downgraded Mondelez International from a “buy” rating to a “hold” rating and decreased their target price for the company from $75.00 to $62.00 in a research report on Tuesday, January 21st. Redburn Atlantic started coverage on Mondelez International in a report on Tuesday, October 22nd. They set a “buy” rating and a $82.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Mondelez International from $67.00 to $62.00 and set a “hold” rating on the stock in a report on Wednesday, January 22nd. Five 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, the company presently has an average rating of “Moderate Buy” and an average price target of $72.76.

Mondelez International Stock Down 0.7 %

MDLZ stock opened at $57.99 on Monday. The stock has a market capitalization of $77.54 billion, a P/E ratio of 20.56, a price-to-earnings-growth ratio of 3.12 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. The firm has a 50-day moving average price of $60.09 and a 200-day moving average price of $66.67. Mondelez International, Inc. has a 12 month low of $55.97 and a 12 month high of $77.20.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were given a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.88 dividend on an annualized basis and a yield of 3.24%. Mondelez International’s dividend payout ratio is currently 66.67%.

Mondelez International announced that its Board of Directors has authorized a share repurchase program on Wednesday, December 11th that permits the company to buyback $9.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

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.