Mondelez International, Inc. (MDLZ) Stake Maintained by Atlantic Trust LLC

Atlantic Trust LLC maintained its position in Mondelez International, Inc. (NASDAQ:MDLZ) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,075 shares of the company’s stock at the end of the first quarter. Atlantic Trust LLC’s holdings in Mondelez International were worth $262,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its position in Mondelez International by 5.6% in the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 76,074 shares of the company’s stock valued at $3,277,000 after buying an additional 4,009 shares during the period. Tompkins Financial Corp boosted its position in Mondelez International by 433.2% in the first quarter. Tompkins Financial Corp now owns 4,511 shares of the company’s stock valued at $181,000 after buying an additional 3,665 shares during the period. Howard Capital Management boosted its position in Mondelez International by 3.3% in the first quarter. Howard Capital Management now owns 18,943 shares of the company’s stock valued at $816,000 after buying an additional 610 shares during the period. Cullinan Associates Inc. boosted its position in Mondelez International by 13.9% in the first quarter. Cullinan Associates Inc. now owns 26,160 shares of the company’s stock valued at $1,127,000 after buying an additional 3,190 shares during the period. Finally, CGOV Asset Management boosted its position in Mondelez International by 9.4% in the first quarter. CGOV Asset Management now owns 15,100 shares of the company’s stock valued at $867,000 after buying an additional 1,300 shares during the period. Institutional investors and hedge funds own 76.54% of the company’s stock.

Mondelez International, Inc. (MDLZ) traded down 0.3230% during trading on Friday, hitting $43.2698. The stock had a trading volume of 2,095,390 shares. The company has a market cap of $65.24 billion, a PE ratio of 38.0561 and a beta of 1.19. The stock has a 50-day moving average price of $43.62 and a 200-day moving average price of $44.44. Mondelez International, Inc. has a 52 week low of $40.50 and a 52 week high of $47.23.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Wednesday, August 2nd. The company reported $0.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.02. Mondelez International had a net margin of 6.92% and a return on equity of 11.96%. The business had revenue of $5.99 billion during the quarter, compared to analysts’ expectations of $5.98 billion. During the same quarter last year, the company earned $0.44 earnings per share. The firm’s revenue was down 5.0% on a year-over-year basis. Equities analysts predict that Mondelez International, Inc. will post $2.12 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 12th. Investors of record on Friday, September 29th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.03%. The ex-dividend date of this dividend is Thursday, September 28th. This is a boost from Mondelez International’s previous quarterly dividend of $0.19. Mondelez International’s dividend payout ratio (DPR) is presently 66.67%.

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Several research analysts recently commented on MDLZ shares. TheStreet upgraded Mondelez International from a “c” rating to a “b-” rating in a research note on Wednesday, April 26th. Deutsche Bank AG raised Mondelez International from a “hold” rating to a “buy” rating and boosted their price objective for the company from $49.00 to $51.00 in a report on Wednesday, May 3rd. Goldman Sachs Group, Inc. (The) set a $53.00 price objective on Mondelez International and gave the company a “conviction-buy” rating in a report on Wednesday, May 3rd. Credit Suisse Group reissued a “buy” rating and issued a $50.00 price objective on shares of Mondelez International in a report on Wednesday, May 3rd. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $54.00 price objective on shares of Mondelez International in a report on Monday, May 22nd. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Mondelez International presently has an average rating of “Buy” and a consensus target price of $50.33.

In related news, EVP Maurizio Brusadelli sold 6,248 shares of the stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $43.76, for a total value of $273,412.48. Following the completion of the sale, the executive vice president now owns 61,651 shares in the company, valued at $2,697,847.76. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 3.60% of the stock is currently owned by company insiders.

Mondelez International Company 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.