Sterling Investment Advisors Ltd. Has $1.38 Million Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Sterling Investment Advisors Ltd. lessened its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 5.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,038 shares of the company’s stock after selling 1,200 shares during the period. Sterling Investment Advisors Ltd.’s holdings in Mondelez International were worth $1,377,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in MDLZ. International Assets Investment Management LLC lifted its position in Mondelez International by 10.4% during the 4th quarter. International Assets Investment Management LLC now owns 10,506 shares of the company’s stock worth $761,000 after buying an additional 987 shares in the last quarter. Private Advisor Group LLC increased its stake in shares of Mondelez International by 46.1% in the 4th quarter. Private Advisor Group LLC now owns 55,225 shares of the company’s stock valued at $4,000,000 after acquiring an additional 17,424 shares during the last quarter. Bogart Wealth LLC increased its stake in shares of Mondelez International by 63.9% in the 4th quarter. Bogart Wealth LLC now owns 359 shares of the company’s stock valued at $26,000 after acquiring an additional 140 shares during the last quarter. Wealthspire Advisors LLC increased its stake in shares of Mondelez International by 8.4% in the 4th quarter. Wealthspire Advisors LLC now owns 18,208 shares of the company’s stock valued at $1,319,000 after acquiring an additional 1,416 shares during the last quarter. Finally, Heritage Investors Management Corp increased its stake in shares of Mondelez International by 0.7% in the 4th quarter. Heritage Investors Management Corp now owns 118,022 shares of the company’s stock valued at $8,548,000 after acquiring an additional 773 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Down 0.3 %

NASDAQ MDLZ opened at $75.07 on Friday. The company has a market cap of $100.70 billion, a PE ratio of 23.83, a PEG ratio of 2.90 and a beta of 0.53. The company has a current ratio of 0.68, a quick ratio of 0.50 and a debt-to-equity ratio of 0.58. Mondelez International, Inc. has a 12 month low of $60.75 and a 12 month high of $77.20. The stock has a 50 day moving average of $68.65 and a 200-day moving average of $69.31.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, July 30th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.79 by $0.07. The company had revenue of $8.34 billion during the quarter, compared to the consensus estimate of $8.45 billion. Mondelez International had a return on equity of 16.69% and a net margin of 10.97%. The firm’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.76 EPS. On average, equities research analysts anticipate that Mondelez International, Inc. will post 3.5 EPS for the current fiscal year.

Mondelez International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 14th. Investors of record on Monday, September 30th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend is Monday, September 30th. This is a boost from Mondelez International’s previous quarterly dividend of $0.43. Mondelez International’s dividend payout ratio is 59.68%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. DA Davidson decreased their price objective on Mondelez International from $80.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, July 31st. Sanford C. Bernstein decreased their price objective on Mondelez International from $90.00 to $88.00 and set an “outperform” rating for the company in a research report on Wednesday, July 17th. Deutsche Bank Aktiengesellschaft decreased their price objective on Mondelez International from $78.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Stifel Nicolaus decreased their price objective on Mondelez International from $80.00 to $75.00 and set a “buy” rating for the company in a research report on Tuesday, July 23rd. Finally, Evercore ISI decreased their price objective on Mondelez International from $80.00 to $79.00 and set an “outperform” rating for the company in a research report on Tuesday, June 4th. One research analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.61.

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.