Mondelez International, Inc. (NASDAQ:MDLZ) Shares Sold by Trust Co. of Vermont

Trust Co. of Vermont lessened its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 1.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 77,489 shares of the company’s stock after selling 1,365 shares during the period. Trust Co. of Vermont’s holdings in Mondelez International were worth $5,258,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of MDLZ. Transce3nd LLC acquired a new stake in shares of Mondelez International in the fourth quarter valued at approximately $30,000. Orion Capital Management LLC bought a new position in Mondelez International in the 4th quarter worth approximately $30,000. E Fund Management Hong Kong Co. Ltd. increased its position in Mondelez International by 376.1% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 438 shares of the company’s stock valued at $30,000 after acquiring an additional 346 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in Mondelez International during the 4th quarter valued at $31,000. Finally, Coppell Advisory Solutions LLC boosted its position in Mondelez International by 66.7% during the 4th quarter. Coppell Advisory Solutions LLC now owns 540 shares of the company’s stock worth $32,000 after acquiring an additional 216 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

NASDAQ MDLZ opened at $67.75 on Friday. The company has a 50 day moving average price of $66.72 and a two-hundred day moving average price of $63.70. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06. The stock has a market capitalization of $87.72 billion, a PE ratio of 25.19, a price-to-earnings-growth ratio of 5.21 and a beta of 0.48. The company has a quick ratio of 0.40, a current ratio of 0.61 and a debt-to-equity ratio of 0.61.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.07. The business had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. Mondelez International had a net margin of 9.90% and a return on equity of 15.94%. Mondelez International’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.93 EPS. As a group, equities analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International’s dividend payout ratio is currently 69.89%.

Analyst Ratings Changes

A number of equities analysts have issued reports on MDLZ shares. Evercore ISI increased their price target on Mondelez International from $67.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, April 23rd. DA Davidson lowered shares of Mondelez International from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $66.00 to $68.00 in a research report on Thursday, April 24th. Stifel Nicolaus upped their price target on Mondelez International from $70.00 to $73.00 and gave the company a “buy” rating in a report on Wednesday, April 30th. Piper Sandler raised their price objective on Mondelez International from $59.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 9th. Finally, JPMorgan Chase & Co. lifted their target price on Mondelez International from $64.00 to $74.00 and gave the stock an “overweight” rating in a report on Friday, April 11th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $70.63.

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.