Yousif Capital Management LLC Has $8.90 Million Stock Holdings in Mondelez International, Inc. $MDLZ

Yousif Capital Management LLC decreased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 7.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 142,509 shares of the company’s stock after selling 11,827 shares during the period. Yousif Capital Management LLC’s holdings in Mondelez International were worth $8,903,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDLZ. Brighton Jones LLC lifted its position in shares of Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after purchasing an additional 7,025 shares in the last quarter. ICONIQ Capital LLC acquired a new stake in shares of Mondelez International in the first quarter valued at approximately $289,000. WealthTrust Axiom LLC bought a new position in Mondelez International in the 1st quarter worth approximately $207,000. Ceredex Value Advisors LLC lifted its holdings in Mondelez International by 8.7% during the 1st quarter. Ceredex Value Advisors LLC now owns 743,723 shares of the company’s stock worth $50,462,000 after buying an additional 59,482 shares in the last quarter. Finally, Samalin Investment Counsel LLC boosted its position in Mondelez International by 20.5% in the 1st quarter. Samalin Investment Counsel LLC now owns 7,682 shares of the company’s stock valued at $521,000 after buying an additional 1,305 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Down 0.3%

Mondelez International stock opened at $54.15 on Wednesday. The firm has a market capitalization of $69.87 billion, a price-to-earnings ratio of 20.28 and a beta of 0.39. The company’s 50 day simple moving average is $56.98 and its 200 day simple moving average is $62.01. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.61 and a quick ratio of 0.37. Mondelez International, Inc. has a fifty-two week low of $53.13 and a fifty-two week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 11th. The company reported $0.66 earnings per share for the quarter. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. The company had revenue of $7.30 billion for the quarter. As a group, sell-side analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Wednesday, December 31st will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, December 31st. Mondelez International’s payout ratio is presently 74.91%.

Analyst Ratings Changes

MDLZ has been the topic of several research reports. Bank of America cut their price target on Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Wells Fargo & Company reduced their target price on shares of Mondelez International from $74.00 to $72.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Sanford C. Bernstein lowered their price target on shares of Mondelez International from $85.00 to $84.00 and set an “outperform” rating for the company in a research report on Wednesday, October 29th. UBS Group cut their price objective on shares of Mondelez International from $69.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. Finally, Berenberg Bank lowered shares of Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 target price for the company. in a report on Thursday, October 2nd. Fourteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.58.

About Mondelez International

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.