Boston Trust Walden Corp Sells 270 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Boston Trust Walden Corp cut its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 2.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,728 shares of the company’s stock after selling 270 shares during the quarter. Boston Trust Walden Corp’s holdings in Mondelez International were worth $581,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MDLZ. Brentview Investment Management LLC bought a new stake in shares of Mondelez International in the fourth quarter valued at about $3,036,000. Princeton Global Asset Management LLC raised its stake in Mondelez International by 38.5% in the 4th quarter. Princeton Global Asset Management LLC now owns 4,606 shares of the company’s stock worth $275,000 after purchasing an additional 1,280 shares in the last quarter. Oregon Pacific Wealth Management LLC bought a new stake in Mondelez International in the 4th quarter valued at about $376,000. HHM Wealth Advisors LLC increased its holdings in shares of Mondelez International by 25.5% during the fourth quarter. HHM Wealth Advisors LLC now owns 990 shares of the company’s stock worth $59,000 after purchasing an additional 201 shares during the period. Finally, CFM Wealth Partners LLC raised its position in shares of Mondelez International by 0.9% in the fourth quarter. CFM Wealth Partners LLC now owns 47,088 shares of the company’s stock valued at $2,813,000 after buying an additional 421 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MDLZ has been the topic of a number of recent research reports. Jefferies Financial Group lowered Mondelez International from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $75.00 to $62.00 in a research note on Tuesday, January 21st. Wells Fargo & Company restated an “equal weight” rating and issued a $61.00 price target (down previously from $74.00) on shares of Mondelez International in a research report on Tuesday, January 7th. The Goldman Sachs Group cut their price objective on shares of Mondelez International from $79.00 to $68.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Redburn Atlantic initiated coverage on shares of Mondelez International in a report on Tuesday, October 22nd. They issued a “buy” rating and a $82.00 target price on the stock. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $75.00 price target on shares of Mondelez International in a report on Thursday, January 30th. Five equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $72.76.

Mondelez International Price Performance

Shares of MDLZ opened at $56.12 on Wednesday. The business has a 50-day simple moving average of $59.94 and a two-hundred day simple moving average of $66.60. Mondelez International, Inc. has a 12-month low of $55.88 and a 12-month high of $76.69. The stock has a market cap of $75.04 billion, a PE ratio of 19.90, a PEG ratio of 3.12 and a beta of 0.54. The company has a quick ratio of 0.42, a current ratio of 0.63 and a debt-to-equity ratio of 0.59.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. Analysts anticipate that Mondelez International, Inc. will post 3.44 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were given a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.35%. Mondelez International’s dividend payout ratio (DPR) is presently 66.67%.

Mondelez International declared that its Board of Directors has authorized a share repurchase program on Wednesday, December 11th that permits the company to buyback $9.00 billion in shares. This buyback authorization permits the company to buy up to 10.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Mondelez International Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.