Mondelez International, Inc. (MDLZ) Stake Maintained by Auxier Asset Management
- Author: Zachary Reyes Feb 14, 2017,
Feb 14, 2017, 19:01
Suntrust Banks Inc. now owns 835,989 shares of the company's stock worth $36,698,000 after buying an additional 13,125 shares during the period. Alpha Windward LLC increased its position in Mondelez International by 0.4% in the third quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 27,712 shares of the company's stock valued at $1,220,000 after buying an additional 2,812 shares during the last quarter.
Mondelez International, Inc. (NASDAQ:MDLZ) share price Jumped 0.65% to reach $44.99 during the last trading session.
Array BioPharma Inc. (NASDAQ:ARRY) is worth US$2.12 Billion and has recently fallen -4.54% to US$11.99.
Mondelez International, Inc. (NASDAQ:MDLZ), maintained return on investment for the last twelve months at 2.68, higher than what Reuters data shows regarding industry's average. The stock is a Buy among 7 brokerage firms polled by Factset Research. Finally, TLP Group LLC bought a new position in shares of Mondelez International during the third quarter valued at $129,000. Similar statistics are true for the second largest owner, State Street Corp, which owns 66,763,266 shares of the stock are valued at $3 billion. The institutional investor owned 40,484 shares of the company's stock at the end of the third quarter. MDLZ institutional ownership remained 77.50% while insider ownership included 0.10%.
Mondelez International, Inc. has a one year low of $38.40 and a one year high of $46.40.
Institutional investors now hold around $53.11 billion or 77.5% in MDLZ stock. Mondelez International, Inc. The stock has a market capitalization of $69.28 billion, a P/E ratio of 42.85 and a beta of 1.08. The firm's 50-day moving average is $44.65 and its 200 day moving average is $43.48.
Mondelez International, Inc. (NASDAQ:MDLZ) shows its Return on Assets (ROA) value of 1.3 percent, while the Return on Equity (ROE) value is 3 percent and Return on Investment (ROI) value stands at 19.1 percent. The High Revenue estimate is predicted as 6.48 Billion, while the Low Revenue Estimate prediction stands at 6.32 Billion. The company's revenue was down 8.1% compared to the same quarter a year ago. The 1 year EPS growth rate is -76.20%.
Mondelez International, Inc. on 02/07/2017 reported its EPS as $0.47 with the analysts projecting the EPS of the stock as $0.48.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 13th. Shareholders of record on Friday, March 31st will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Wednesday, March 29th. Mondelez International's dividend payout ratio is presently 72.38%.
Mondelez International, Inc is a snack company. The legal version of this story can be accessed at https://www.thecerbatgem.com/2017/02/13/mondelez-international-inc-mdlz-stake-boosted-by-covington-capital-management.html.
A number of equities analysts have commented on MDLZ shares. Finally, Susquehanna Bancshares Inc cut shares of Mondelez International from a "positive" rating to a "neutral" rating and dropped their price target for the stock from $53.00 to $46.00 in a research note on Wednesday, February 8th. Zacks Investment Research upgraded shares of Mondelez International from a "hold" rating to a "buy" rating and set a $48.00 price target for the company in a research note on Thursday, December 15th. RBC Capital Markets reiterated an "outperform" rating and set a $54.00 target price on shares of Mondelez International in a research report on Wednesday, October 26th.
In other Mondelez International news, Director Charles E. Bunch purchased 2,000 shares of the stock in a transaction dated Thursday, February 9th. They set a "buy" rating and a $51.00 target price on the stock. Based on the Stock Research reports from financial advisors, there are 9 Analysts recommending as a Strong Buy, and 2 Analysts recommending as a Moderate Buy. Mondelez International has a consensus rating of "Buy" and an average target price of $48.59.
Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Lewis W K Booth (director) purchased 2,500 shares at 41.61 per share price.On Dec 1, 2015, Gerhard W. Pleuhs (EVP & General Counsel) sold 159 shares at 44.13 per share price.On Aug 10, 2015, Fredric G Reynolds (director) purchased 22,000 shares at 45.95 per share price.