MUFG Americas Holdings Corp Sells 16,203 Shares of Mondelez International, Inc. (MDLZ)

MUFG Americas Holdings Corp lowered its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 360,300 shares of the company’s stock after selling 16,203 shares during the period. MUFG Americas Holdings Corp’s holdings in Mondelez International were worth $15,522,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Adirondack Trust Co. raised its position in Mondelez International by 2.0% in the first quarter. Adirondack Trust Co. now owns 2,330 shares of the company’s stock valued at $100,000 after buying an additional 45 shares during the last quarter. Sowell Financial Services LLC bought a new position in Mondelez International during the fourth quarter valued at about $136,000. Elgethun Capital Management bought a new position in Mondelez International during the fourth quarter valued at about $142,000. LeJeune Puetz Investment Counsel LLC bought a new position in Mondelez International during the fourth quarter valued at about $146,000. Finally, Financial Architects Inc raised its position in Mondelez International by 2.6% in the first quarter. Financial Architects Inc now owns 3,752 shares of the company’s stock valued at $162,000 after buying an additional 95 shares during the last quarter. Institutional investors own 76.69% of the company’s stock.

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

Shares of Mondelez International, Inc. (NASDAQ MDLZ) opened at 45.48 on Tuesday. The firm has a 50-day moving average price of $45.61 and a 200 day moving average price of $44.54. The company has a market cap of $69.01 billion, a PE ratio of 41.08 and a beta of 1.17. Mondelez International, Inc. has a 1-year low of $40.50 and a 1-year high of $47.23.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, May 2nd. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.03. The business had revenue of $6.41 billion for the quarter, compared to analyst estimates of $6.37 billion. Mondelez International had a return on equity of 11.58% and a net margin of 6.70%. On average, equities analysts anticipate that Mondelez International, Inc. will post $2.11 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 13th. Shareholders of record on Friday, June 30th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Wednesday, June 28th. This represents a $0.76 annualized dividend and a yield of 1.67%. Mondelez International’s payout ratio is currently 68.47%.

COPYRIGHT VIOLATION NOTICE: “MUFG Americas Holdings Corp Sells 16,203 Shares of Mondelez International, Inc. (MDLZ)” was posted by Ticker Report and is owned by of Ticker Report. If you are reading this article on another website, it was illegally copied and republished in violation of international trademark and copyright laws. The original version of this article can be read at https://www.tickerreport.com/banking-finance/2654329/mufg-americas-holdings-corp-sells-16203-shares-of-mondelez-international-inc-mdlz.html.

Several equities analysts have recently issued reports on the company. Credit Suisse Group restated a “buy” rating and set a $50.00 target price on shares of Mondelez International in a research report on Tuesday, June 13th. Piper Jaffray Companies assumed coverage on Mondelez International in a research report on Wednesday, May 24th. They set a “neutral” rating and a $48.00 target price for the company. BidaskClub lowered Mondelez International from a “hold” rating to a “sell” rating in a research report on Tuesday, June 13th. Morgan Stanley boosted their target price on Mondelez International from $48.00 to $50.00 and gave the stock an “overweight” rating in a research report on Thursday, May 25th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $54.00 target price on shares of Mondelez International in a research report on Monday, May 22nd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $49.34.

In other Mondelez International news, EVP Robin S. Hargrove sold 6,000 shares of the stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of $44.87, for a total value of $269,220.00. Following the transaction, the executive vice president now owns 14,663 shares in the company, valued at $657,928.81. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Trian Fund Management, L.P. sold 1,731,410 shares of the stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $44.71, for a total value of $77,411,341.10. The disclosure for this sale can be found here. 3.60% of the stock is currently owned by corporate 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:MDLZ”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding MDLZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mondelez International, Inc. (NASDAQ:MDLZ).

Receive News & Ratings for Mondelez International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondelez International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
President Trump Hurting Tourism in the U.S.
President Trump Hurting Tourism in the U.S.
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Blue Apron Filed Thursday for Public Offering
Blue Apron Filed Thursday for Public Offering
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Large Auto Lender Checked Just 8% of Incomes for Applicants
Large Auto Lender Checked Just 8% of Incomes for Applicants


Leave a Reply

© 2006-2017 Ticker Report. Google+.