Planned Solutions Inc. Buys New Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Planned Solutions Inc. purchased a new position in Mondelez International, Inc. (NASDAQ:MDLZ) during the 4th quarter, HoldingsChannel reports. The firm purchased 1,011 shares of the company’s stock, valued at approximately $73,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Jacobs & Co. CA grew its stake in shares of Mondelez International by 4.0% in the 4th quarter. Jacobs & Co. CA now owns 80,060 shares of the company’s stock worth $5,798,000 after purchasing an additional 3,107 shares during the last quarter. Columbia Trust Co 01012016 increased its holdings in shares of Mondelez International by 19.9% in the fourth quarter. Columbia Trust Co 01012016 now owns 9,192 shares of the company’s stock valued at $666,000 after buying an additional 1,524 shares in the last quarter. Canvas Wealth Advisors LLC acquired a new stake in shares of Mondelez International during the 4th quarter valued at $221,000. PFG Investments LLC boosted its stake in shares of Mondelez International by 27.1% during the 4th quarter. PFG Investments LLC now owns 6,470 shares of the company’s stock worth $469,000 after acquiring an additional 1,378 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new stake in shares of Mondelez International during the fourth quarter worth $201,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on MDLZ. Deutsche Bank Aktiengesellschaft boosted their price objective on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Citigroup assumed coverage on shares of Mondelez International in a research note on Thursday, February 1st. They set a “buy” rating and a $87.00 target price on the stock. DA Davidson started coverage on Mondelez International in a research report on Friday, December 8th. They issued a “buy” rating and a $83.00 target price for the company. Finally, Stifel Nicolaus upped their price target on Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. One research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $81.37.

Mondelez International Stock Performance

Shares of MDLZ opened at $70.10 on Thursday. The firm has a market cap of $95.40 billion, a price-to-earnings ratio of 19.31, a price-to-earnings-growth ratio of 2.38 and a beta of 0.57. The company’s fifty day moving average is $73.03 and its 200-day moving average is $70.80. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 12 month low of $60.75 and a 12 month high of $78.59.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.78 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The firm had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.31 billion. During the same period in the prior year, the business posted $0.73 earnings per share. The business’s quarterly revenue was up 7.1% on a year-over-year basis. Equities analysts expect that Mondelez International, Inc. will post 3.52 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 11th. Investors of record on Thursday, March 28th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend is Wednesday, March 27th. Mondelez International’s payout ratio is 46.83%.

Mondelez International 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.