Trust Co. of Vermont Lowers Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Trust Co. of Vermont lowered its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 44.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,816 shares of the company’s stock after selling 36,471 shares during the period. Trust Co. of Vermont’s holdings in Mondelez International were worth $3,318,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in MDLZ. Murphy Middleton Hinkle & Parker Inc. lifted its stake in shares of Mondelez International by 3.9% during the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,651 shares of the company’s stock valued at $264,000 after buying an additional 136 shares in the last quarter. Cobblestone Asset Management LLC boosted its position in Mondelez International by 2.8% during the 4th quarter. Cobblestone Asset Management LLC now owns 4,982 shares of the company’s stock valued at $361,000 after buying an additional 138 shares during the period. Graypoint LLC boosted its position in Mondelez International by 1.1% during the 4th quarter. Graypoint LLC now owns 12,281 shares of the company’s stock valued at $890,000 after buying an additional 138 shares during the period. Guyasuta Investment Advisors Inc. lifted its position in shares of Mondelez International by 0.8% in the 4th quarter. Guyasuta Investment Advisors Inc. now owns 16,461 shares of the company’s stock worth $1,192,000 after purchasing an additional 138 shares during the period. Finally, Rossmore Private Capital increased its stake in shares of Mondelez International by 0.3% in the 4th quarter. Rossmore Private Capital now owns 50,047 shares of the company’s stock worth $3,625,000 after acquiring an additional 139 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Up 0.0 %

Shares of MDLZ traded up $0.01 during mid-day trading on Monday, hitting $65.86. 494,019 shares of the company traded hands, compared to its average volume of 7,275,320. Mondelez International, Inc. has a 1-year low of $60.75 and a 1-year high of $77.20. The business has a 50 day moving average of $68.95 and a 200 day moving average of $71.13. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $88.34 billion, a PE ratio of 20.90, a price-to-earnings-growth ratio of 2.53 and a beta of 0.55.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The company had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.16 billion. During the same quarter in the prior year, the company earned $0.89 EPS. Mondelez International’s quarterly revenue was up 1.4% on a year-over-year basis. Equities research analysts anticipate that Mondelez International, Inc. will post 3.49 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be given a $0.425 dividend. The ex-dividend date is Friday, June 28th. This represents a $1.70 annualized dividend and a yield of 2.58%. Mondelez International’s dividend payout ratio is presently 53.97%.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Evercore ISI reduced their price objective on shares of Mondelez International from $80.00 to $79.00 and set an “outperform” rating for the company in a research note on Tuesday, June 4th. Wells Fargo & Company lowered their price target on shares of Mondelez International from $80.00 to $76.00 and set an “overweight” rating on the stock in a report on Tuesday, June 4th. Barclays lowered their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. TD Cowen lowered their price target on shares of Mondelez International from $83.00 to $79.00 and set a “buy” rating on the stock in a report on Thursday, June 6th. Finally, Citigroup reduced their price objective on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research report on Thursday, April 11th. One research analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the company. Based on data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and an average target price of $80.22.

About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.