Mondelez International, Inc. (MDLZ) Hits a New 52-Week Low

(NASDAQ:MDLZ) by 40.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. Analysts giving shares a rating of 1 or 2 would be indicating a Buy.

Morgan Stanley most recently reported earnings per share (EPS) of $0.87 for the June 2017 versus $0.75 in the same quarter previous year, representing 16% growth. Washington National Bank & Trust has 0.07% invested in Mondelez International Inc (NASDAQ:MDLZ) for 7,754 shares. Orrstown Financial Serv Incorporated accumulated 3,100 shares or 0.15% of the stock. Whitnell & Co. raised its holdings in Mondelez International by 4.4% in the second quarter. The value of the total investment in Mondelez International, Inc. went from $924,000 to $913,000,000 a change of 98,709.5% since the last quarter. Renaissance Technologies LLC increased its position in Mondelez International by 186.2% 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 during the period. Ingalls & Snyder LLC raised its holdings in Mondelez International by 7.0% in the second quarter. Lindsell Train Ltd now owns 14,507,710 shares of the company's stock worth $624,992,000 after purchasing an additional 2,740,400 shares during the period. Exane Derivatives now owns 3,894 shares of the company's stock valued at $168,000 after buying an additional 3,652 shares during the period.

Mondelez International, Inc. recently announced a dividend for shareholders payable on Thursday October 12th, 2017. Shares last traded at $40.19 which is slightly below $42.26, the stock's 50 day moving average and just a bit lower than the 200 day moving average of $43.99. Company shares have been seen trading -8.83% off of the 52 week high and 99.33% away from the 52 week low. Mondelez International, Inc. has a 52 week low of $40.04 and a 52 week high of $47.23.

Mondelez International, Inc.'s P/E ratio is 35.22 and market capitalization is 60.38B. CLSA downgraded Mondelez International Inc (NASDAQ:MDLZ) rating on Thursday, August 6. The company reported $0.48 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.02. The firm had revenue of $5.99 billion during the quarter, compared to analyst estimates of $5.98 billion. Mondelez International had a net margin of 6.92% and a return on equity of 11.96%. The business's revenue for the quarter was down 5.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.44 earnings per share. On average, equities research analysts predict that Mondelez International, Inc. will post $2.12 earnings per share for the current year.

Looking forward, the company's quarterly earnings are expected to come at $0.54 in the three months through September 2017 and $0.57 in the quarter ending December 2017, reflecting 3.85% and 21.28% growth, respectively. The ex-dividend date of this dividend is Thursday, September 28th. This is an increase from Mondelez International's previous quarterly dividend of $0.19.

Since May 5, 2017, it had 0 insider purchases, and 2 selling transactions for $77.69 million activity. Mondelez International's payout ratio is presently 66.67%.

Several research firms have issued reports on MDLZ. BidaskClub lowered Mondelez International from a "hold" rating to a "sell" rating in a research report on Tuesday, June 13th. Royal Bank Of Canada reissued an "outperform" rating and set a $53.00 price target (down previously from $54.00) on shares of Mondelez International in a research note on Monday, July 31st. The stock of Mondelez International Inc (NASDAQ:MDLZ) has "Positive" rating given on Monday, October 26 by Susquehanna. (NASDAQ:TSLA). At the time of writing, the First Call consensus price target for the company is $324.65. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Mondelez International now has a consensus rating of "Buy" and an average price target of $50.69. Also, EVP Maurizio Brusadelli sold 6,248 shares of the business's stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $43.76, for a total transaction of $273,412.48. Institutional investors and hedge funds own 75.83% of the company's stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Daniel P. Myers sold 7,000 shares of Mondelez International stock in a transaction on Tuesday, September 12th. The disclosure for this sale can be found here.

ILLEGAL ACTIVITY WARNING: This piece was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and global copyright laws. Assetmark Inc. lifted its holdings in shares of Mondelez International by 13.5% during the first quarter.

Mondelez International, Inc is a snack company. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America.

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