Cozad Asset Management Inc. Sells 225 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Cozad Asset Management Inc. lowered its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,850 shares of the company’s stock after selling 225 shares during the quarter. Cozad Asset Management Inc.’s holdings in Mondelez International were worth $858,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Carmel Capital Partners LLC purchased a new position in shares of Mondelez International in the 3rd quarter worth approximately $28,000. First Command Advisory Services Inc. purchased a new position in Mondelez International during the third quarter worth $29,000. HHM Wealth Advisors LLC bought a new position in Mondelez International during the fourth quarter valued at $29,000. Orion Capital Management LLC purchased a new stake in shares of Mondelez International in the third quarter valued at $35,000. Finally, Legacy Financial Group LLC bought a new stake in shares of Mondelez International in the 3rd quarter worth about $45,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Stock Down 1.7 %

Mondelez International stock opened at $70.69 on Thursday. Mondelez International, Inc. has a twelve month low of $60.75 and a twelve month high of $78.54. The business has a fifty day moving average of $70.36 and a two-hundred day moving average of $70.87. The firm has a market cap of $95.18 billion, a P/E ratio of 22.44, a P/E/G ratio of 2.50 and a beta of 0.55. 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 (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, April 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The company had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.16 billion. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.89 earnings per share. On average, analysts forecast that Mondelez International, Inc. will post 3.51 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date was Wednesday, March 27th. Mondelez International’s payout ratio is currently 53.97%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. StockNews.com downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Citigroup decreased their price target on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research note on Thursday, April 11th. JPMorgan Chase & Co. reduced their price target on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Sanford C. Bernstein upped their target price on shares of Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Stifel Nicolaus lifted their price target on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. One analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $80.75.

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.