Hills Bank & Trust Co. Boosts Holdings in Mondelez International, Inc. (MDLZ)

Hills Bank & Trust Co. grew its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 14.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,204 shares of the company’s stock after buying an additional 2,747 shares during the period. Hills Bank & Trust Co.’s holdings in Mondelez International were worth $916,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC boosted its holdings in shares of Mondelez International by 637.3% in the 1st quarter. Proficio Capital Partners LLC now owns 2,271 shares of the company’s stock valued at $105,000 after buying an additional 1,963 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of Mondelez International by 13.5% in the 1st quarter. Assetmark Inc. now owns 3,367 shares of the company’s stock valued at $145,000 after buying an additional 401 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Mondelez International by 0.6% in the 1st quarter. Parkside Financial Bank & Trust now owns 3,765 shares of the company’s stock valued at $162,000 after buying an additional 24 shares in the last quarter. Exane Derivatives boosted its holdings in shares of Mondelez International by 1,509.1% in the 1st quarter. Exane Derivatives now owns 3,894 shares of the company’s stock valued at $168,000 after buying an additional 3,652 shares in the last quarter. Finally, Oakworth Capital Inc. boosted its holdings in shares of Mondelez International by 2.7% in the 1st quarter. Oakworth Capital Inc. now owns 4,681 shares of the company’s stock valued at $201,000 after buying an additional 124 shares in the last quarter. Institutional investors and hedge funds own 75.88% of the company’s stock.

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A number of research firms have recently weighed in on MDLZ. Susquehanna Bancshares Inc restated a “hold” rating on shares of Mondelez International in a report on Wednesday, August 2nd. UBS AG restated a “buy” rating and issued a $51.00 price target on shares of Mondelez International in a report on Wednesday, August 9th. Royal Bank Of Canada restated an “outperform” rating and issued a $53.00 price target (down from $54.00) on shares of Mondelez International in a report on Monday, July 31st. Piper Jaffray Companies began coverage on shares of Mondelez International in a report on Wednesday, May 24th. They issued a “neutral” rating and a $48.00 price target on the stock. Finally, J P Morgan Chase & Co restated an “overweight” rating and issued a $49.00 price target (down from $50.00) on shares of Mondelez International in a report on Wednesday, June 28th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $50.33.

Mondelez International, Inc. (MDLZ) traded up 0.44% during mid-day trading on Friday, reaching $40.86. 11,392,258 shares of the company were exchanged. Mondelez International, Inc. has a 1-year low of $40.22 and a 1-year high of $47.23. The stock has a 50-day moving average of $42.45 and a 200 day moving average of $44.03. The firm has a market capitalization of $61.60 billion, a P/E ratio of 35.94 and a beta of 1.20.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.02. The business had revenue of $5.99 billion during the quarter, compared to the consensus estimate of $5.98 billion. Mondelez International had a return on equity of 11.96% and a net margin of 6.92%. The company’s revenue was down 5.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.44 earnings per share. Equities research analysts forecast that Mondelez International, Inc. will post $2.12 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 12th. Stockholders of record on Friday, September 29th will be issued a $0.22 dividend. This is an increase from Mondelez International’s previous quarterly dividend of $0.19. This represents a $0.88 annualized dividend and a dividend yield of 2.15%. The ex-dividend date is Thursday, September 28th. Mondelez International’s dividend payout ratio is presently 66.67%.

In other news, EVP Daniel P. Myers sold 7,000 shares of the stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $40.94, for a total value of $286,580.00. Following the completion of the sale, the executive vice president now directly owns 20,965 shares of the company’s stock, valued at $858,307.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Maurizio Brusadelli sold 6,248 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $43.76, for a total value of $273,412.48. Following the completion of the sale, the executive vice president now directly owns 61,651 shares of the company’s stock, valued at $2,697,847.76. The disclosure for this sale can be found here. 3.60% of the stock is currently owned by corporate insiders.

Mondelez International 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.

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

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