Capital Investment Advisors LLC sells 206 shares to Mondelez International, Inc. (NASDAQ: MDLZ)


Capital Investment Advisors LLC downgrades Mondelez International, Inc. (NASDAQ: MDLZ – Get Rating) by 1.1% in the first quarter, reports Holdings Channel.com. The institutional investor owns 18,250 shares of the company’s shares after selling 206 shares during the period. Capital Investment Advisors LLC owned Mondelez International at $ 1,146,000 at the end of the last quarter.

Several other hedge funds have also recently made changes to their positions in MDLZ. Bivin & Associates Inc. acquired a new position in shares of Mondelez International in the 4th quarter worth $ 25,000. FSB Premier Wealth Management Inc. acquired a new position in the shares of Mondelez International in the 4th quarter worth $ 27,000. Bell Investment Advisors Inc increased its stakes in Mondelez International by 64.3% in the fourth quarter. Bell Investment Advisors Inc now owns 419 shares of the company’s stock worth $ 28,000 after purchasing an additional 164 shares during the period. Sierra Capital LLC increased its stakes in Mondelez International by 1151.4% in the 4th quarter. Sierra Capital LLC now owns 438 shares of the company’s stock worth $ 29,000 after purchasing an additional 403 shares during the period. Finally, Shore Point Advisors LLC acquired a new position in shares of Mondelez International in the 4th quarter worth $ 29,000. 77.10% of the shares are owned by institutional investors.

Shares of Mondelez International opened at $ 62.65 on Friday. The company has a 50-day moving average of $ 63.14 and a 200-day moving average of $ 64.20. Mondelez International, Inc. has a one-year low of $ 57.63 and a one-year high of $ 69.47. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.68 and a fast ratio of 0.48. The company has a market capitalization of $ 86.70 billion, a price / profit ratio of 21.09, a P / E / G ratio of 2.99 and a beta ratio of 0.64.

Mondelez International (NASDAQ: MDLZ – Get Rating) last released its quarterly earnings data on Tuesday, April 26th. The company reported $ 0.84 EPS for the quarter, beating analysts’ consensus estimates of $ 0.74 by $ 0.10. The company had revenue of $ 7.76 billion in the quarter, compared to the consensus estimate of $ 7.47 billion. Mondelez International had a net margin of 14.34% and a return on equity of 14.72%. The company’s quarterly revenues increased by 7.3% on an annual basis. In the same period last year, the business reported $ 0.77 EPS. As a group, sales analysts expect Mondelez International, Inc. will report 2.96 earnings per share for the current year.

The company recently announced a three-month dividend, which will be paid on Thursday, July 14. The record shareholders on Thursday, June 30, will receive a dividend of $ 0.35. The date of the former dividend of this dividend is Wednesday, June 29. This represents a $ 1.40 dividend on an annual basis and a dividend yield of 2.23%. The payout ratio of Mondelez International is 47.14%.

Several brokers recently issued MDLZ reports. Credit Suisse Group began covering Mondelez International shares in a report on Tuesday (April 12th). They issued a rating of “superior” and target prices of $ 70.00 for the company. StockNews.com downgraded Mondelez International shares from a buy rating to a hold rating in a research note on Thursday. Mizuho lowered its target price for Mondelez International shares from $ 77.00 to $ 75.00 in a research note on Wednesday, April 27. UBS Group took over the shares of Mondelez International in a research note on Wednesday, March 30. They issued a “buy” rating and a target price of $ 73.00 for the company. Finally, Barclays lowered its target price for shares of Mondelez International from $ 74.00 to $ 73.00 and set a rating for the company’s “overweight” in a research note on Thursday, April 7. Two research analysts rated the shares with a retention rating, and eleven gave a rating for the purchase of shares. According to MarketBeat.com, the shares have a consensus rating of “Moderate buying” and an average target price of $ 72.55.

In other news, EVP Robin S. Hargrove sold 30,500 shares of the company’s stock in a deal on Wednesday (May 11th). The shares were sold at an average price of $ 65.86, for a total value of $ 2,008,730.00. Following the sale, the executive vice president now directly owns 32,024 shares of the company’s stock worth approximately $ 2,109,100.64. The sale was disclosed in SEC legal documentation, which can be accessed through the SEC website. 0.32% of the shares are currently owned by corporate insiders.

Company profile Mondelez International (Get a rating)

Mondelez International, Inc., through its subsidiaries, manufactures, trades and sells snacks and beverages in Latin America, North America, Asia, the Middle East, Africa and Europe. Offers biscuits, including biscuits, crackers and salted snacks; chocolates; and chewing gum and sweets, as well as various cheeses and foodstuffs, and powdered beverages.

See also

Want to see what other hedge funds hold MDLZ? Visit HoldingsChannel.com to receive the latest 13F orders and domestic deals for Mondelez International, Inc. (NASDAQ: MDLZ – Get rating).

Quarterly institutional ownership for Mondelez International (NASDAQ: MDLZ)



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