Simplicity Solutions LLC Boosts Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Simplicity Solutions LLC grew its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 10.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,509 shares of the company’s stock after buying an additional 2,543 shares during the quarter. Simplicity Solutions LLC’s holdings in Mondelez International were worth $1,992,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in MDLZ. Tyler Stone Wealth Management purchased a new stake in shares of Mondelez International during the second quarter worth approximately $25,000. Retirement Group LLC purchased a new stake in shares of Mondelez International during the fourth quarter worth approximately $25,000. Carmel Capital Partners LLC purchased a new stake in shares of Mondelez International during the third quarter worth approximately $28,000. First Command Advisory Services Inc. purchased a new stake in shares of Mondelez International during the third quarter worth approximately $29,000. Finally, DHJJ Financial Advisors Ltd. purchased a new stake in shares of Mondelez International during the third quarter worth approximately $34,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $66.69 on Monday. The business’s fifty day simple moving average is $71.39 and its 200-day simple moving average is $70.55. Mondelez International, Inc. has a 52 week low of $60.75 and a 52 week high of $78.59. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60. The firm has a market cap of $89.80 billion, a PE ratio of 18.37, a price-to-earnings-growth ratio of 2.32 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.06. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The firm had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.31 billion. During the same quarter in the prior year, the company earned $0.73 EPS. Mondelez International’s revenue was up 7.1% on a year-over-year basis. Equities analysts forecast that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 2.55%. The ex-dividend date of this dividend was Wednesday, March 27th. Mondelez International’s payout ratio is 46.83%.

Wall Street Analyst Weigh In

Several analysts recently commented on MDLZ shares. JPMorgan Chase & Co. dropped their price target on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Friday. Barclays dropped their target price on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a report on Friday. Deutsche Bank Aktiengesellschaft upped their target price on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, January 18th. Citigroup dropped their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a report on Thursday. Finally, StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $80.89.

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.