Ok

WINTON GROUP Ltd Reduces Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

@LeoIII.
WINTON GROUP Ltd reduced its holdings in Mondelez International, Inc. (NASDAQ:MDLZ-Get Rating) by 81.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,881 shares of the company's stock after selling 39,158 shares during the period. WINTON GROUP Ltd's holdings in Mondelez International were worth $487,000 as of its most recent filing with the Securities & Exchange Commission. Is it Time to Snack on Mondelez Stock? A number of other institutional investors and hedge funds have also made changes to their positions in the business. Stephens Inc. AR grew its stake in shares of Mondelez International by 0.5% in the 3rd quarter. Stephens Inc. AR now owns 35,478 shares of the company's stock worth $1,945,000 after buying an additional 160 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Mondelez International by 3.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 4,334 shares of the company's stock worth $237,000 after purchasing an additional 163 shares during the period. Coastal Bridge Advisors LLC boosted its stake in shares of Mondelez International by 4.8% during the 2nd quarter. Coastal Bridge Advisors LLC now owns 3,664 shares of the company's stock worth $228,000 after purchasing an additional 168 shares during the period. Frontier Wealth Management LLC boosted its stake in shares of Mondelez International by 1.7% during the 1st quarter. Frontier Wealth Management LLC now owns 10,465 shares of the company's stock worth $666,000 after purchasing an additional 172 shares during the period. Finally, Cascade Investment Advisors Inc. boosted its stake in shares of Mondelez International by 0.8% during the 2nd quarter. Cascade Investment Advisors Inc. now owns 22,880 shares of the company's stock worth $1,421,000 after purchasing an additional 175 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors. In other news, EVPMaurizio Brusadellisold 22,388 shares of the company's stock in a transaction on Monday, December 5th. The shares were sold at an average price of $67.55, for a total value of $1,512,309.40. Following the sale, the executive vice president now directly owns 179,588 shares of the company's stock, valued at approximately $12,131,169.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed throughthis hyperlink. Insiders own 0.32% of the company's stock. Wall Street Analysts Forecast Growth MDLZ has been the subject of a number of recent analyst reports. Exane BNP Paribas initiated coverage on shares of Mondelez International in a research note on Tuesday, November 15th. They set a "neutral" rating and a $68.00 price target for the company.StockNews.comcut shares of Mondelez International from a "buy" rating to a "hold" rating in a research report on Wednesday, November 2nd. Piper Sandler boosted their price objective on shares of Mondelez International from $77.00 to $80.00 and gave the company an "overweight" rating in a research report on Wednesday, February 1st. Barclays boosted their price objective on shares of Mondelez International from $70.00 to $72.00 and gave the company an "overweight" rating in a research report on Thursday, February 2nd. Finally, Cowen boosted their price objective on shares of Mondelez International from $72.00 to $75.00 and gave the company an "outperform" rating in a research report on Monday, February 6th. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $73.06. Mondelez International Stock Up 1.8 % MDLZ opened at $66.85 on Tuesday. The company has a market cap of $91.14 billion, a PE ratio of 34.11, a P/E/G ratio of 2.95 and a beta of 0.65. Mondelez International, Inc. has a twelve month low of $54.72 and a twelve month high of $68.81. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.75. The company's 50 day moving average is $66.14 and its two-hundred day moving average is $63.53. Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, January 31st. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.03. The company had revenue of $8.70 billion for the quarter, compared to the consensus estimate of $8.30 billion. Mondelez International had a net margin of 8.63% and a return on equity of 15.04%. Mondelez International's revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.71 EPS. Analysts anticipate that Mondelez International, Inc. will post 3.17 EPS for the current year. Mondelez International Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 14th. Stockholders of record on Friday, March 31st will be issued a $0.385 dividend. This represents a $1.54 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Thursday, March 30th. Mondelez International's dividend payout ratio (DPR) is currently 78.57%. Mondelez International Profile Mondelez International, Inc engages in the manufacture and marketing of snack food and beverage products. It operates through the following geographical segments: Latin America, Asia, Middle East, and Africa, Europe, and North America. Its products include beverages, biscuits, chocolate, gum and candy, cheese and grocery, and meals. Should you invest $1,000 in Mondelez International right now? source:marketbeat
WINTON GROUP Ltd Reduces Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet