Bryn Mawr Capital Management LLC Has $11.96 Million Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Bryn Mawr Capital Management LLC trimmed its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 165,102 shares of the company’s stock after selling 7,405 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Mondelez International were worth $11,959,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MDLZ. Carmel Capital Partners LLC acquired a new position in Mondelez International during the third quarter valued at $28,000. First Command Advisory Services Inc. purchased a new position in Mondelez International in the third quarter valued at about $29,000. Orion Capital Management LLC purchased a new position in Mondelez International in the third quarter valued at about $35,000. Impact Partnership Wealth LLC grew its stake in Mondelez International by 1,865.6% in the third quarter. Impact Partnership Wealth LLC now owns 629 shares of the company’s stock valued at $44,000 after purchasing an additional 597 shares in the last quarter. Finally, Legacy Financial Group LLC purchased a new position in Mondelez International in the third quarter valued at about $45,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Trading Down 0.3 %

Mondelez International stock opened at $70.61 on Friday. The business has a 50 day moving average price of $70.45 and a two-hundred day moving average price of $70.61. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60. The stock has a market cap of $95.07 billion, a price-to-earnings ratio of 19.45, a price-to-earnings-growth ratio of 2.46 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.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.78 by $0.06. The firm had revenue of $9.31 billion during the quarter, compared to analysts’ expectations of $9.31 billion. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.73 EPS. As a group, equities analysts forecast that Mondelez International, Inc. will post 3.52 EPS for the current year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were issued a $0.425 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 annualized dividend and a yield of 2.41%. Mondelez International’s dividend payout ratio (DPR) is 46.83%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. StockNews.com downgraded Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Citigroup lowered their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research note on Thursday, April 11th. Deutsche Bank Aktiengesellschaft boosted their target price on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, January 18th. Barclays lowered their target price on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Finally, Stifel Nicolaus boosted their target price on Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $80.89.

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.