Published: Sat, February 18, 2017
Health Care | By Kelly Miles

Benson Investment Management Company Inc. Invests $2128000 in Mondelez International, Inc. (MDLZ)

Benson Investment Management Company Inc. Invests $2128000 in Mondelez International, Inc. (MDLZ)

Want to see what other hedge funds are holding MDLZ? Mondelez International, Inc. got Downgrade on 8-Feb-17 where investment firm Susquehanna Downgrade the stock from Positive to Neutral. 17 Analysts reported that the Price Target for Mondelez International, Inc. might touch $55 high while the Average Price Target and Low price Target is $49.38 and $45 respectively.

Mondelez International a snack food and beverage company. They set a "buy" rating and a $51.00 price objective for the company. Berenberg Bank assumed coverage on Mondelez International in a report on Thursday, January 5th.

In other Mondelez International news, Director Charles E. Bunch purchased 2,000 shares of the business's stock in a transaction on Thursday, February 9th. The stock was acquired at an average price of $41.61 per share, for a total transaction of $104,025.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Trian Fund Management, L.P. sold 3,800,000 shares of the company's stock in a transaction on Thursday, November 3rd. The 52-week range of the share price is from $138.20 - $250.00. Institutional Investors own 75.43% of Mondelez International, Inc. shares. The disclosure for this sale can be found here.

A number of large investors have recently made changes to their positions in MDLZ. According to these analysts, the Low Revenue Estimate for Mondelez International, 6.32 Billion and the High Revenue Estimate is 6.48 Billion. Adirondack Trust Co. now owns 2,334 shares of the company's stock valued at $103,000 after buying an additional 159 shares in the last quarter.

At the end of Dec reporting period, 545 institutional holders increased their position in Mondelez International, Inc. Tarbox Group Inc. now owns 2,836 shares of the company's stock valued at $125,000 after buying an additional 25 shares in the last quarter.

Mondelez International, Inc. has lost 3.36% in the last five trading days and dropped 4.06% in the last 4 weeks. The latest exchange of 5.79 Million shares is above its average trading activity of 5.35 Million shares.

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Mondelez International, Inc.'s (MDLZ) stock price distance from twenty day simple moving average slumped at -3.13% while its distance from fifty day simple moving average declined -2.23% along with -0.73% below distance from two hundred simple moving averages.

This news story was originally reported by Community Financial News and is owned by of Community Financial News. The last quarter cash dividend per share pay out was $0.19.

Mondelez International (NASDAQ:MDLZ) opened at 45.37 on Wednesday. The Company manufactures and markets snack food and beverage products for consumers in approximately 165 countries around the world.

Now we look at the Moving Averages, the 200-day is -0.73, the 50-day is -2.23 and the 20-day is -3.13.

Institutional investors now hold around $53.46 billion or 77.5% in MDLZ stock. The company is estimating to achieve earnings per share (EPS) growth of -76.20% in this year and the earnings per share (EPS) growth expected to be 10.78% in the next year. The firm had revenue of $6.40 billion for the quarter, compared to analyst estimates of $6.45 billion. The Return on Equity (ROE) value stands at 6.1%. The company's market cap is $66.72 Billion. The companys revenue was down -8.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.46 EPS. Stock analysts expect it to report per-share earnings of $0.51 in that period.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 13th. Stockholders of record on Friday, December 30th will be issued a $0.19 dividend. The ex-dividend date is Wednesday, March 29th. This represents a $0.76 dividend on an annualized basis and a yield of 1.68%. Mondelez International's dividend payout ratio (DPR) is 143.40%.

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