Sii Investments Inc. WI Has $896,000 Position in Mondelez International Inc. (MDLZ)
Sii Investments Inc. WI boosted its stake in shares of Mondelez International Inc. (NASDAQ:MDLZ) by 1.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,649 shares of the company’s stock after buying an additional 296 shares during the period. Sii Investments Inc. WI’s holdings in Mondelez International were worth $896,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in the stock. Thompson Davis & CO. Inc. increased its stake in shares of Mondelez International by 72.3% in the second quarter. Thompson Davis & CO. Inc. now owns 3,260 shares of the company’s stock valued at $148,000 after buying an additional 1,368 shares in the last quarter. D Orazio & Associates Inc. increased its stake in shares of Mondelez International by 6.3% in the second quarter. D Orazio & Associates Inc. now owns 3,501 shares of the company’s stock valued at $159,000 after buying an additional 209 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Mondelez International by 0.6% in the second quarter. Parkside Financial Bank & Trust now owns 3,554 shares of the company’s stock valued at $161,000 after buying an additional 22 shares in the last quarter. Financial Architects Inc increased its stake in shares of Mondelez International by 307.7% in the second quarter. Financial Architects Inc now owns 3,580 shares of the company’s stock valued at $162,000 after buying an additional 2,702 shares in the last quarter. Finally, Iowa State Bank purchased a new stake in shares of Mondelez International during the second quarter valued at approximately $163,000. Institutional investors own 76.30% of the company’s stock.
Shares of Mondelez International Inc. (NASDAQ:MDLZ) traded up 0.3357% during midday trading on Tuesday, reaching $43.0139. 1,414,035 shares of the company’s stock traded hands. Mondelez International Inc. has a one year low of $35.88 and a one year high of $47.42. The stock’s 50-day moving average price is $43.28 and its 200 day moving average price is $43.38. The firm has a market capitalization of $66.91 billion, a PE ratio of 9.1150 and a beta of 0.97.
Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Wednesday, July 27th. The company reported $0.44 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.04. Mondelez International had a net margin of 28.01% and a return on equity of 10.15%. The firm earned $6.30 billion during the quarter, compared to analyst estimates of $6.34 billion. During the same quarter in the prior year, the firm earned $0.47 EPS. The business’s revenue for the quarter was down 17.7% compared to the same quarter last year. On average, equities research analysts expect that Mondelez International Inc. will post $1.85 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 13th. Stockholders of record on Friday, September 30th will be given a dividend of $0.19 per share. The ex-dividend date is Wednesday, September 28th. This represents a $0.76 annualized dividend and a dividend yield of 1.77%. This is a positive change from Mondelez International’s previous quarterly dividend of $0.17. Mondelez International’s dividend payout ratio is presently 14.66%.
MDLZ has been the subject of several analyst reports. Morgan Stanley reiterated a “buy” rating on shares of Mondelez International in a report on Wednesday, June 1st. Susquehanna reiterated a “buy” rating on shares of Mondelez International in a report on Monday, August 8th. Credit Suisse Group AG reiterated a “buy” rating and issued a $51.00 target price on shares of Mondelez International in a report on Thursday, September 1st. Societe Generale downgraded shares of Mondelez International from a “buy” rating to a “hold” rating and increased their target price for the company from $35.88 to $43.94 in a report on Thursday, July 28th. Finally, Deutsche Bank AG decreased their price objective on shares of Mondelez International from $48.00 to $47.00 and set a “hold” rating for the company in a report on Thursday, July 28th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $47.49.
About Mondelez International
Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers in approximately 165 countries around the world. The Company operates through five segments: Latin America; Asia Pacific; Eastern Europe, Middle East, and Africa (EEMEA); Europe, and North America.
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