Mondelez International Inc (MDLZ) Shares Bought by Vident Investment Advisory LLC

Vident Investment Advisory LLC grew its position in Mondelez International Inc (NASDAQ:MDLZ) by 14.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,771 shares of the company’s stock after buying an additional 1,334 shares during the period. Vident Investment Advisory LLC’s holdings in Mondelez International were worth $461,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Lindsell Train Ltd grew its holdings in shares of Mondelez International by 18.3% in the 3rd quarter. Lindsell Train Ltd now owns 19,950,710 shares of the company’s stock valued at $811,196,000 after buying an additional 3,086,000 shares during the period. Macquarie Group Ltd. grew its holdings in shares of Mondelez International by 1.0% in the 3rd quarter. Macquarie Group Ltd. now owns 16,975,186 shares of the company’s stock valued at $690,211,000 after buying an additional 175,487 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Mondelez International by 0.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 16,967,667 shares of the company’s stock valued at $689,906,000 after buying an additional 47,563 shares during the period. Geode Capital Management LLC grew its holdings in shares of Mondelez International by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 15,969,761 shares of the company’s stock valued at $682,086,000 after buying an additional 293,875 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec grew its holdings in shares of Mondelez International by 8.8% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 14,356,382 shares of the company’s stock valued at $586,187,000 after buying an additional 1,159,900 shares during the period. 75.86% of the stock is owned by institutional investors.

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Shares of Mondelez International Inc (NASDAQ MDLZ) opened at $40.51 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.31 and a current ratio of 0.48. Mondelez International Inc has a 52-week low of $39.19 and a 52-week high of $47.23. The company has a market cap of $60,251.66, a PE ratio of 18.84, a price-to-earnings-growth ratio of 1.37 and a beta of 0.90.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Wednesday, January 31st. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.56 by $0.01. Mondelez International had a net margin of 11.28% and a return on equity of 12.72%. The firm had revenue of $6.97 billion for the quarter, compared to analysts’ expectations of $6.98 billion. During the same period in the previous year, the firm posted $0.47 EPS. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. sell-side analysts anticipate that Mondelez International Inc will post 2.47 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Thursday, March 29th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.88 annualized dividend and a yield of 2.17%. Mondelez International’s dividend payout ratio (DPR) is presently 46.07%.

Mondelez International announced that its Board of Directors has initiated a share buyback plan on Wednesday, January 31st that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Several brokerages have recently issued reports on MDLZ. TheStreet raised shares of Mondelez International from a “c+” rating to a “b” rating in a report on Thursday, December 21st. Zacks Investment Research raised shares of Mondelez International from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a research note on Friday, January 12th. Piper Jaffray reaffirmed a “buy” rating and issued a $52.00 target price on shares of Mondelez International in a research note on Thursday, February 1st. Susquehanna Bancshares reaffirmed a “hold” rating and issued a $48.00 target price on shares of Mondelez International in a research note on Tuesday, January 30th. Finally, Societe Generale raised shares of Mondelez International from a “hold” rating to a “buy” rating and upped their target price for the stock from $45.00 to $55.00 in a research note on Friday, February 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. Mondelez International presently has a consensus rating of “Buy” and a consensus price target of $50.44.

In other news, EVP Hubert Weber sold 10,931 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $43.79, for a total value of $478,668.49. Following the sale, the executive vice president now directly owns 160,865 shares of the company’s stock, valued at approximately $7,044,278.35. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Charles E. Bunch bought 2,000 shares of the company’s stock in a transaction dated Friday, February 16th. The stock was purchased at an average cost of $43.90 per share, for a total transaction of $87,800.00. The disclosure for this purchase can be found here. Insiders own 3.60% of the company’s stock.

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About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; gums and candies; coffee and powdered beverages; and cheese and grocery products. The company's primary snack brand portfolio includes Nabisco, Oreo, LU, and belVita biscuits; Cadbury, Milka, Cadbury Dairy Milk, and Toblerone chocolates; Trident gums; Halls candies; and Tang powdered beverages.

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

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