Mondelez International, Inc. (MDLZ) Holdings Held by Winslow Asset Management Inc.
Winslow Asset Management Inc. held its stake in Mondelez International, Inc. (NASDAQ:MDLZ) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 5,696 shares of the company’s stock at the close of the 2nd quarter. Winslow Asset Management Inc.’s holdings in Mondelez International were worth $246,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in MDLZ. Proficio Capital Partners LLC lifted its holdings in shares of Mondelez International by 637.3% during the 1st quarter. Proficio Capital Partners LLC now owns 2,271 shares of the company’s stock valued at $105,000 after buying an additional 1,963 shares during the last quarter. V Wealth Management LLC bought a new position in shares of Mondelez International in the 2nd quarter valued at approximately $116,000. Assetmark Inc. raised its stake in shares of Mondelez International by 13.5% in the 1st quarter. Assetmark Inc. now owns 3,367 shares of the company’s stock valued at $145,000 after acquiring an additional 401 shares in the last quarter. Chicago Partners Investment Group LLC raised its stake in shares of Mondelez International by 2,056.3% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock valued at $157,000 after acquiring an additional 3,434 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its stake in shares of Mondelez International by 0.6% in the 1st quarter. Parkside Financial Bank & Trust now owns 3,765 shares of the company’s stock valued at $162,000 after acquiring an additional 24 shares in the last quarter. Hedge funds and other institutional investors own 75.84% of the company’s stock.
Mondelez International, Inc. (MDLZ) opened at 41.13 on Friday. The stock’s 50 day moving average price is $41.15 and its 200-day moving average price is $43.67. Mondelez International, Inc. has a 52 week low of $40.04 and a 52 week high of $47.23. The company has a market cap of $62.01 billion, a price-to-earnings ratio of 36.17 and a beta of 1.20.
Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Wednesday, August 2nd. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. The firm had revenue of $5.99 billion for the quarter, compared to the consensus estimate of $5.98 billion. Mondelez International had a return on equity of 11.96% and a net margin of 6.92%. The business’s quarterly revenue was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.44 earnings per share. On average, equities research analysts forecast that Mondelez International, Inc. will post $2.11 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 12th. Stockholders of record on Friday, September 29th will be issued a $0.22 dividend. The ex-dividend date is Thursday, September 28th. This represents a $0.88 annualized dividend and a dividend yield of 2.14%. This is a boost from Mondelez International’s previous quarterly dividend of $0.19. Mondelez International’s dividend payout ratio is presently 77.19%.
A number of research analysts recently weighed in on MDLZ shares. Royal Bank Of Canada reissued a “buy” rating on shares of Mondelez International in a research note on Friday, September 1st. Credit Suisse Group restated a “buy” rating and set a $50.00 price objective on shares of Mondelez International in a research report on Tuesday, June 13th. UBS AG restated a “buy” rating and set a $51.00 price objective on shares of Mondelez International in a research report on Thursday, July 6th. BidaskClub cut Mondelez International from a “sell” rating to a “strong sell” rating in a research report on Friday, June 30th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a $49.00 price target (down previously from $50.00) on shares of Mondelez International in a research note on Wednesday, June 28th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Mondelez International currently has a consensus rating of “Buy” and a consensus price target of $50.54.
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In related news, EVP Maurizio Brusadelli sold 6,248 shares of the stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $43.76, for a total value of $273,412.48. Following the transaction, the executive vice president now owns 61,651 shares of the company’s stock, valued at $2,697,847.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Daniel P. Myers sold 7,000 shares of the stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $40.94, for a total value of $286,580.00. Following the completion of the transaction, the executive vice president now directly owns 20,965 shares in the company, valued at approximately $858,307.10. The disclosure for this sale can be found here. Corporate insiders own 3.60% of the company’s stock.
Mondelez International Profile
Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.
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