Farmers & Merchants Investments Inc. Decreases Stake in Mondelez International, Inc. $MDLZ

Farmers & Merchants Investments Inc. decreased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 10.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 177,656 shares of the company’s stock after selling 20,605 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Mondelez International were worth $11,098,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. HM Payson & Co. raised its position in shares of Mondelez International by 1.2% in the 3rd quarter. HM Payson & Co. now owns 94,546 shares of the company’s stock valued at $5,906,000 after purchasing an additional 1,154 shares in the last quarter. Fire Capital Management LLC grew its holdings in Mondelez International by 2.3% during the 3rd quarter. Fire Capital Management LLC now owns 22,519 shares of the company’s stock worth $1,407,000 after acquiring an additional 516 shares in the last quarter. Perigon Wealth Management LLC increased its position in shares of Mondelez International by 15.0% in the 3rd quarter. Perigon Wealth Management LLC now owns 15,091 shares of the company’s stock worth $943,000 after purchasing an additional 1,967 shares during the last quarter. Sapient Capital LLC raised its stake in shares of Mondelez International by 11.3% in the 3rd quarter. Sapient Capital LLC now owns 40,709 shares of the company’s stock valued at $2,570,000 after purchasing an additional 4,119 shares in the last quarter. Finally, Mayflower Financial Advisors LLC lifted its position in shares of Mondelez International by 1.5% during the third quarter. Mayflower Financial Advisors LLC now owns 14,212 shares of the company’s stock worth $888,000 after purchasing an additional 205 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

MDLZ stock opened at $55.04 on Tuesday. Mondelez International, Inc. has a 1 year low of $53.13 and a 1 year high of $71.15. The stock has a market capitalization of $71.02 billion, a price-to-earnings ratio of 20.61 and a beta of 0.39. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.37 and a current ratio of 0.61. The stock’s fifty day moving average is $56.39 and its two-hundred day moving average is $61.65.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 11th. The company reported $0.66 earnings per share for the quarter. The business had revenue of $7.30 billion for the quarter. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. On average, research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.50 per share. The ex-dividend date is Wednesday, December 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.6%. Mondelez International’s payout ratio is currently 74.91%.

Analysts Set New Price Targets

Several brokerages have issued reports on MDLZ. Sanford C. Bernstein cut their price objective on Mondelez International from $85.00 to $84.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 29th. JPMorgan Chase & Co. dropped their price target on Mondelez International from $74.00 to $71.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 29th. Royal Bank Of Canada decreased their price objective on shares of Mondelez International from $71.00 to $67.00 and set an “outperform” rating for the company in a report on Wednesday, October 29th. Wells Fargo & Company dropped their target price on shares of Mondelez International from $74.00 to $72.00 and set an “overweight” rating on the stock in a report on Wednesday, October 29th. Finally, Evercore ISI decreased their price target on shares of Mondelez International from $73.00 to $72.00 and set an “outperform” rating for the company in a report on Friday, September 26th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $67.58.

Mondelez International Company Profile

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.