Opus Capital Group LLC Has $774,000 Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)


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Opus Capital Group LLC reduced its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 11.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,218 shares of the company’s stock after selling 1,722 shares during the quarter. Opus Capital Group LLC’s holdings in Mondelez International were worth $774,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Chesley Taft & Associates LLC raised its position in shares of Mondelez International by 1.2% during the first quarter. Chesley Taft & Associates LLC now owns 14,924 shares of the company’s stock worth $878,000 after purchasing an additional 175 shares during the period. Equitable Holdings Inc. raised its position in shares of Mondelez International by 2.4% during the fourth quarter. Equitable Holdings Inc. now owns 7,714 shares of the company’s stock worth $451,000 after purchasing an additional 179 shares during the period. Bedel Financial Consulting Inc. raised its position in shares of Mondelez International by 3.9% during the first quarter. Bedel Financial Consulting Inc. now owns 4,760 shares of the company’s stock worth $279,000 after purchasing an additional 179 shares during the period. Founders Financial Alliance LLC raised its position in shares of Mondelez International by 4.8% during the fourth quarter. Founders Financial Alliance LLC now owns 3,939 shares of the company’s stock worth $232,000 after purchasing an additional 180 shares during the period. Finally, Kanawha Capital Management LLC raised its position in shares of Mondelez International by 1.7% during the fourth quarter. Kanawha Capital Management LLC now owns 10,957 shares of the company’s stock worth $641,000 after purchasing an additional 184 shares during the period. 75.06% of the stock is currently owned by institutional investors.

In other news, EVP Robin S. Hargrove sold 26,628 shares of the business’s stock in a transaction on Friday, February 19th. The stock was sold at an average price of $54.43, for a total value of $1,449,362.04. Following the completion of the transaction, the executive vice president now owns 85,611 shares in the company, valued at $4,659,806.73. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Peter W. May sold 56,234 shares of the business’s stock in a transaction on Tuesday, February 16th. The stock was sold at an average price of $55.01, for a total value of $3,093,432.34. Following the completion of the transaction, the director now owns 12,866 shares of the company’s stock, valued at approximately $707,758.66. The disclosure for this sale can be found here. Insiders sold 2,258,915 shares of company stock valued at $125,594,725 in the last 90 days. Company insiders own 1.30% of the company’s stock.

Shares of MDLZ stock traded down $0.04 during trading hours on Tuesday, reaching $61.37. The company’s stock had a trading volume of 217,135 shares, compared to its average volume of 8,068,333. The firm’s fifty day simple moving average is $58.92 and its 200 day simple moving average is $57.17. The stock has a market capitalization of $86.66 billion, a P/E ratio of 28.17, a P/E/G ratio of 2.91 and a beta of 0.61. Mondelez International, Inc. has a one year low of $48.77 and a one year high of $61.87. The company has a current ratio of 0.74, a quick ratio of 0.52 and a debt-to-equity ratio of 0.70.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, April 27th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.08. The business had revenue of $7.24 billion during the quarter, compared to analysts’ expectations of $7 billion. Mondelez International had a return on equity of 13.92% and a net margin of 11.99%. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.69 earnings per share. As a group, equities research analysts forecast that Mondelez International, Inc. will post 2.6 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 14th. Shareholders of record on Wednesday, March 31st were paid a dividend of $0.315 per share. This represents a $1.26 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date was Tuesday, March 30th. Mondelez International’s payout ratio is 51.01%.

MDLZ has been the subject of several recent research reports. Morgan Stanley upped their price target on Mondelez International from $63.00 to $69.00 and gave the stock an “overweight” rating in a report on Tuesday. Royal Bank of Canada upped their price target on Mondelez International from $66.00 to $69.00 and gave the stock an “outperform” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft upped their price target on Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, April 28th. Jefferies Financial Group upped their price target on Mondelez International from $67.00 to $68.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Credit Suisse Group upped their price target on Mondelez International from $65.00 to $68.00 and gave the company an “outperform” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and fourteen have issued a buy rating to the company’s stock. Mondelez International currently has an average rating of “Buy” and a consensus price target of $65.13.

About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.

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

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