WINTON GROUP Ltd Has $5.87 Million Position in Mondelez International, Inc. (NASDAQ:MDLZ)

WINTON GROUP Ltd increased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 3,241.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,239 shares of the company’s stock after buying an additional 95,299 shares during the quarter. WINTON GROUP Ltd’s holdings in Mondelez International were worth $5,868,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. United Bank boosted its stake in shares of Mondelez International by 12.7% in the 3rd quarter. United Bank now owns 22,649 shares of the company’s stock valued at $1,669,000 after purchasing an additional 2,549 shares in the last quarter. Larson Financial Group LLC grew its position in shares of Mondelez International by 82.7% during the 3rd quarter. Larson Financial Group LLC now owns 2,811 shares of the company’s stock worth $207,000 after buying an additional 1,272 shares during the period. Truvestments Capital LLC bought a new stake in shares of Mondelez International during the 3rd quarter valued at $25,000. FMR LLC lifted its stake in shares of Mondelez International by 14.2% in the 3rd quarter. FMR LLC now owns 18,255,657 shares of the company’s stock valued at $1,344,894,000 after purchasing an additional 2,268,639 shares during the period. Finally, Avestar Capital LLC boosted its position in shares of Mondelez International by 15.1% in the 3rd quarter. Avestar Capital LLC now owns 8,622 shares of the company’s stock worth $635,000 after purchasing an additional 1,129 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on MDLZ shares. Morgan Stanley initiated coverage on Mondelez International in a report on Monday. They set an “overweight” rating and a $69.00 target price on the stock. DZ Bank cut Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 target price for the company. in a report on Friday, February 7th. Piper Sandler lowered Mondelez International from an “overweight” rating to a “neutral” rating and cut their price target for the company from $70.00 to $63.00 in a report on Friday, January 31st. Stifel Nicolaus dropped their target price on Mondelez International from $82.00 to $70.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Finally, Wells Fargo & Company decreased their price target on shares of Mondelez International from $61.00 to $54.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.70.

Mondelez International Stock Performance

Shares of NASDAQ:MDLZ opened at $66.33 on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The company has a market cap of $85.80 billion, a price-to-earnings ratio of 19.39, a price-to-earnings-growth ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The company has a 50-day moving average price of $61.87 and a 200-day moving average price of $64.92.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. As a group, equities analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be given a dividend of $0.47 per share. The ex-dividend date is Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a yield of 2.83%. Mondelez International’s dividend payout ratio (DPR) is 54.97%.

Mondelez International announced that its board has initiated a stock buyback plan on Wednesday, December 11th that authorizes the company to buyback $9.00 billion in shares. This buyback authorization authorizes the company to buy up to 10.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

About Mondelez International

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.