First National Bank & Trust Co. of Newtown Cuts Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

First National Bank & Trust Co. of Newtown lowered its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 16.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,962 shares of the company’s stock after selling 1,584 shares during the quarter. First National Bank & Trust Co. of Newtown’s holdings in Mondelez International were worth $577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Murphy Middleton Hinkle & Parker Inc. boosted its stake in shares of Mondelez International by 3.9% during the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,651 shares of the company’s stock valued at $264,000 after purchasing an additional 136 shares during the period. Cobblestone Asset Management LLC boosted its stake in shares of Mondelez International by 2.8% during the fourth quarter. Cobblestone Asset Management LLC now owns 4,982 shares of the company’s stock valued at $361,000 after purchasing an additional 138 shares during the period. Graypoint LLC boosted its stake in shares of Mondelez International by 1.1% during the fourth quarter. Graypoint LLC now owns 12,281 shares of the company’s stock valued at $890,000 after purchasing an additional 138 shares during the period. Beacon Capital Management LLC boosted its stake in shares of Mondelez International by 15.9% during the fourth quarter. Beacon Capital Management LLC now owns 1,019 shares of the company’s stock valued at $71,000 after purchasing an additional 140 shares during the period. Finally, Clear Harbor Asset Management LLC boosted its stake in shares of Mondelez International by 1.9% during the fourth quarter. Clear Harbor Asset Management LLC now owns 7,632 shares of the company’s stock valued at $553,000 after purchasing an additional 140 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. dropped their price objective on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. Deutsche Bank Aktiengesellschaft upped their target price on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, January 18th. Citigroup decreased their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, April 11th. Barclays decreased their target price on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Finally, StockNews.com downgraded Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. One research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $80.89.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ traded up $0.27 during trading on Friday, hitting $67.44. The company had a trading volume of 3,323,982 shares, compared to its average volume of 7,528,300. The stock has a 50 day simple moving average of $70.71 and a 200 day simple moving average of $70.45. The firm has a market capitalization of $90.81 billion, a P/E ratio of 18.57, a price-to-earnings-growth ratio of 2.31 and a beta of 0.56. Mondelez International, Inc. has a 12 month low of $60.75 and a 12 month high of $78.59. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.43 and a current ratio of 0.62.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The business had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.31 billion. During the same quarter in the previous year, the company posted $0.73 EPS. The company’s revenue was up 7.1% compared to the same quarter last year. As a group, analysts anticipate that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date was Wednesday, March 27th. Mondelez International’s dividend payout ratio (DPR) is 46.83%.

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.