Community Bank N.A. Sells 500 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Community Bank N.A. lowered its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 7.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 6,621 shares of the company’s stock after selling 500 shares during the period. Community Bank N.A.’s holdings in Mondelez International were worth $395,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of MDLZ. Truvestments Capital LLC bought a new position in Mondelez International during the third quarter worth $25,000. Marshall Investment Management LLC bought a new position in Mondelez International during the fourth quarter worth $26,000. Hager Investment Management Services LLC bought a new position in Mondelez International during the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Mondelez International during the fourth quarter worth $31,000. Finally, McClarren Financial Advisors Inc. bought a new position in Mondelez International during the fourth quarter worth $32,000. Institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a research note on Wednesday, January 22nd. Jefferies Financial Group downgraded shares of Mondelez International from a “buy” rating to a “hold” rating and lowered their target price for the stock from $75.00 to $62.00 in a research note on Tuesday, January 21st. Stifel Nicolaus decreased their price target on shares of Mondelez International from $82.00 to $70.00 and set a “buy” rating for the company in a research note on Friday, January 24th. DZ Bank downgraded shares of Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 price target for the company. in a research note on Friday, February 7th. Finally, Royal Bank of Canada decreased their price target on shares of Mondelez International from $75.00 to $69.00 and set an “outperform” rating for the company in a research note on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.74.

Mondelez International Stock Up 0.9 %

Mondelez International stock opened at $64.51 on Monday. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $76.06. The stock has a market cap of $83.45 billion, a PE ratio of 18.86, a price-to-earnings-growth ratio of 4.34 and a beta of 0.50. The firm’s 50-day simple moving average is $61.35 and its 200 day simple moving average is $65.06. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68.

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 return on equity of 16.75% and a net margin of 12.68%. Research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 2.91%. The ex-dividend date of this dividend is Monday, March 31st. Mondelez International’s dividend payout ratio (DPR) is presently 54.97%.

Mondelez International declared that its board has authorized a stock repurchase program on Wednesday, December 11th that permits the company to buyback $9.00 billion in outstanding shares. This buyback authorization permits the company to purchase up to 10.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board 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.