Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Stratos Investment Management LLC

Stratos Investment Management LLC decreased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 30.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,796 shares of the company’s stock after selling 1,633 shares during the period. Stratos Investment Management LLC’s holdings in Mondelez International were worth $227,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of MDLZ. Stratos Wealth Partners LTD. increased its holdings in Mondelez International by 2.2% in the fourth quarter. Stratos Wealth Partners LTD. now owns 61,407 shares of the company’s stock valued at $3,668,000 after buying an additional 1,348 shares during the last quarter. Sargent Investment Group LLC increased its holdings in Mondelez International by 19.2% in the fourth quarter. Sargent Investment Group LLC now owns 5,666 shares of the company’s stock valued at $318,000 after buying an additional 914 shares during the last quarter. James J. Burns & Company LLC purchased a new position in Mondelez International in the fourth quarter valued at $318,000. Mather Group LLC. increased its holdings in Mondelez International by 4.0% in the fourth quarter. Mather Group LLC. now owns 15,980 shares of the company’s stock valued at $954,000 after buying an additional 613 shares during the last quarter. Finally, Verity Asset Management Inc. increased its holdings in Mondelez International by 14.3% in the fourth quarter. Verity Asset Management Inc. now owns 7,486 shares of the company’s stock valued at $439,000 after buying an additional 937 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of MDLZ opened at $57.43 on Thursday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.42 and a current ratio of 0.63. The company has a market capitalization of $76.79 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 3.12 and a beta of 0.54. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $76.06. The firm has a 50-day simple moving average of $59.76 and a 200-day simple moving average of $66.53.

Mondelez International (NASDAQ:MDLZ) last announced 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 net margin of 10.58% and a return on equity of 17.53%. On average, equities research analysts anticipate that Mondelez International, Inc. will post 3.44 earnings per share for the current year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were given a $0.47 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.88 dividend on an annualized basis and a yield of 3.27%. Mondelez International’s payout ratio is currently 66.67%.

Mondelez International announced that its Board of Directors has approved a share buyback plan on Wednesday, December 11th that permits the company to repurchase $9.00 billion in shares. This repurchase authorization permits the company to reacquire up to 10.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Several equities analysts recently commented on MDLZ shares. Citigroup dropped their target price on Mondelez International from $78.00 to $71.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. The Goldman Sachs Group dropped their target price on Mondelez International from $79.00 to $68.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. UBS Group dropped their target price on Mondelez International from $76.00 to $63.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Stifel Nicolaus dropped 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. Finally, Jefferies Financial Group lowered Mondelez International from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $75.00 to $62.00 in a report on Tuesday, January 21st. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $72.35.

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.