Hills Bank & Trust Co. Has $795,000 Stake in Mondelez International Inc (MDLZ)

Hills Bank & Trust Co. increased its position in shares of Mondelez International Inc (NASDAQ:MDLZ) by 1.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,457 shares of the company’s stock after buying an additional 175 shares during the period. Hills Bank & Trust Co.’s holdings in Mondelez International were worth $795,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in MDLZ. M. Kraus & Co increased its position in Mondelez International by 5.0% in the third quarter. M. Kraus & Co now owns 101,322 shares of the company’s stock worth $4,448,000 after buying an additional 4,786 shares in the last quarter. Stralem & Co. Inc. increased its position in Mondelez International by 5.8% in the third quarter. Stralem & Co. Inc. now owns 611,150 shares of the company’s stock worth $26,829,000 after buying an additional 33,700 shares in the last quarter. RNC Capital Management LLC purchased a new position in Mondelez International during the third quarter worth approximately $237,000. Eidelman Virant Capital increased its position in Mondelez International by 33.3% in the third quarter. Eidelman Virant Capital now owns 54,100 shares of the company’s stock worth $2,374,000 after buying an additional 13,500 shares in the last quarter. Finally, Stewart & Patten Co. LLC increased its position in Mondelez International by 251.5% in the third quarter. Stewart & Patten Co. LLC now owns 61,452 shares of the company’s stock worth $2,698,000 after buying an additional 43,968 shares in the last quarter. 75.43% of the stock is owned by institutional investors and hedge funds.

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

Shares of Mondelez International Inc (NASDAQ:MDLZ) traded up 0.02% during trading on Friday, hitting $44.99. The stock had a trading volume of 2,792,288 shares. The company’s 50 day moving average price is $43.98 and its 200 day moving average price is $43.74. Mondelez International Inc has a 12 month low of $40.50 and a 12 month high of $46.40. The stock has a market cap of $68.68 billion, a price-to-earnings ratio of 42.85 and a beta of 1.08.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, February 7th. The company reported $0.47 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.49 by $0.02. Mondelez International had a net margin of 6.40% and a return on equity of 11.12%. The firm earned $6.77 billion during the quarter, compared to the consensus estimate of $6.86 billion. During the same quarter last year, the firm posted $0.46 earnings per share. Mondelez International’s revenue was down 8.1% compared to the same quarter last year. Equities research analysts expect that Mondelez International Inc will post $2.11 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, April 13th. Stockholders of record on Friday, March 31st were issued a $0.19 dividend. The ex-dividend date of this dividend was Wednesday, March 29th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.69%. Mondelez International’s dividend payout ratio (DPR) is 72.38%.

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A number of research firms have recently commented on MDLZ. Royal Bank of Canada reiterated an “outperform” rating and set a $54.00 target price on shares of Mondelez International in a research report on Wednesday, February 8th. Susquehanna Bancshares Inc downgraded Mondelez International from a “positive” rating to a “neutral” rating and lowered their target price for the company from $53.00 to $46.00 in a research report on Wednesday, February 8th. Berenberg Bank assumed coverage on Mondelez International in a research report on Thursday, January 5th. They issued a “buy” rating and a $51.00 price target for the company. Citigroup Inc downgraded Mondelez International from a “positive” rating to a “neutral” rating and set a $53.00 price target for the company. in a research report on Wednesday, February 8th. They noted that the move was a valuation call. Finally, TheStreet downgraded Mondelez International from a “b” rating to a “c” rating in a research report on Thursday, February 9th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $49.59.

In other news, EVP Maurizio Brusadelli sold 4,940 shares of the business’s stock in a transaction that occurred on Friday, February 17th. The stock was sold at an average price of $41.84, for a total value of $206,689.60. Following the completion of the sale, the executive vice president now directly owns 59,031 shares in the company, valued at approximately $2,469,857.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Charles E. Bunch purchased 2,000 shares of the stock in a transaction dated Thursday, February 9th. The stock was purchased at an average price of $44.95 per share, with a total value of $89,900.00. The disclosure for this purchase can be found here. 3.90% of the stock is currently owned by insiders.

Mondelez International Company Profile

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.

5 Day Chart for NASDAQ:MDLZ

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