Mondelez International Inc. (MDLZ) Shares Sold by Aull & Monroe Investment Management Corp
Aull & Monroe Investment Management Corp reduced its position in Mondelez International Inc. (NASDAQ:MDLZ) by 3.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,907 shares of the company’s stock after selling 749 shares during the period. Aull & Monroe Investment Management Corp’s holdings in Mondelez International were worth $1,088,000 as of its most recent filing with the SEC.
A number of other large investors also recently bought and sold shares of MDLZ. DnB Asset Management AS increased its stake in Mondelez International by 55.4% in the first quarter. DnB Asset Management AS now owns 157,172 shares of the company’s stock worth $6,306,000 after buying an additional 56,000 shares during the period. Contravisory Investment Management Inc. increased its stake in shares of Mondelez International by 463,675.0% in the first quarter. Contravisory Investment Management Inc. now owns 204,061 shares of the company’s stock worth $8,187,000 after buying an additional 204,017 shares during the last quarter. CENTRAL TRUST Co acquired a new stake in shares of Mondelez International during the first quarter worth about $3,075,000. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in shares of Mondelez International by 13.0% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 359,752 shares of the company’s stock worth $14,433,000 after buying an additional 41,453 shares during the last quarter. Finally, Prospera Financial Services Inc increased its stake in shares of Mondelez International by 5.9% in the first quarter. Prospera Financial Services Inc now owns 9,139 shares of the company’s stock worth $370,000 after buying an additional 511 shares during the last quarter. 76.30% of the stock is owned by institutional investors and hedge funds.
Shares of Mondelez International Inc. (NASDAQ:MDLZ) traded up 1.00% during trading on Monday, reaching $43.34. 2,078,379 shares of the company traded hands. The firm has a 50 day moving average of $43.43 and a 200 day moving average of $43.33. The stock has a market capitalization of $67.42 billion, a PE ratio of 9.18 and a beta of 0.97. Mondelez International Inc. has a 52 week low of $35.88 and a 52 week high of $47.42.
Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Wednesday, July 27th. The company reported $0.44 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.04. The company had revenue of $6.30 billion for the quarter, compared to analyst estimates of $6.34 billion. Mondelez International had a net margin of 28.01% and a return on equity of 10.15%. The firm’s revenue was down 17.7% on a year-over-year basis. During the same quarter last year, the business earned $0.47 earnings per share. On average, equities analysts predict that Mondelez International Inc. will post $1.85 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 13th. Investors of record on Friday, September 30th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Wednesday, September 28th. This is a positive change from Mondelez International’s previous quarterly dividend of $0.17. Mondelez International’s dividend payout ratio (DPR) is currently 14.66%.
A number of equities research analysts have recently issued reports on the stock. Credit Suisse Group AG reissued an “outperform” rating and set a $51.00 price objective on shares of Mondelez International in a research report on Friday, September 9th. JPMorgan Chase & Co. reissued an “overweight” rating and set a $44.19 price objective (up previously from $35.88) on shares of Mondelez International in a research report on Tuesday, September 6th. RBC Capital Markets reissued an “outperform” rating and set a $54.00 price objective on shares of Mondelez International in a research report on Wednesday, August 31st. Susquehanna reissued a “buy” rating and set a $60.00 price objective on shares of Mondelez International in a research report on Tuesday, August 30th. Finally, Morgan Stanley boosted their price objective on shares of Mondelez International from $48.00 to $50.00 and gave the company an “overweight” rating in a research report on Thursday, July 28th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $47.49.
Mondelez International Company Profile
Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers in approximately 165 countries around the world. The Company operates through five segments: Latin America; Asia Pacific; Eastern Europe, Middle East, and Africa (EEMEA); Europe, and North America.
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