Lincoln Capital Corp Has $3.45 Million Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Lincoln Capital Corp decreased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 0.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 47,676 shares of the company’s stock after selling 382 shares during the period. Mondelez International comprises about 1.7% of Lincoln Capital Corp’s portfolio, making the stock its 19th biggest holding. Lincoln Capital Corp’s holdings in Mondelez International were worth $3,453,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in MDLZ. Beacon Capital Management LLC increased its holdings in Mondelez International by 15.9% in the fourth quarter. Beacon Capital Management LLC now owns 1,019 shares of the company’s stock worth $71,000 after buying an additional 140 shares during the last quarter. Johnson & White Wealth Management LLC increased its holdings in Mondelez International by 3.2% in the fourth quarter. Johnson & White Wealth Management LLC now owns 4,520 shares of the company’s stock worth $327,000 after buying an additional 141 shares during the last quarter. Hancock Whitney Corp increased its holdings in Mondelez International by 2.6% in the first quarter. Hancock Whitney Corp now owns 5,553 shares of the company’s stock worth $388,000 after buying an additional 143 shares during the last quarter. Oak Hill Wealth Advisors LLC increased its holdings in Mondelez International by 5.0% in the third quarter. Oak Hill Wealth Advisors LLC now owns 3,130 shares of the company’s stock worth $217,000 after buying an additional 149 shares during the last quarter. Finally, Prentice Wealth Management LLC increased its holdings in Mondelez International by 3.3% in the fourth quarter. Prentice Wealth Management LLC now owns 4,729 shares of the company’s stock worth $343,000 after buying an additional 153 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

MDLZ traded up $0.06 during trading on Wednesday, reaching $70.10. 7,119,094 shares of the company’s stock were exchanged, compared to its average volume of 7,230,168. Mondelez International, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $78.59. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60. The business has a 50 day moving average price of $73.03 and a 200 day moving average price of $70.80. The company has a market capitalization of $95.40 billion, a P/E ratio of 19.31, a PEG ratio of 2.41 and a beta of 0.57.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.78 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The company had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.31 billion. During the same quarter in the previous year, the company earned $0.73 EPS. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. As a group, analysts predict that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th will be paid a $0.425 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $1.70 annualized dividend and a dividend yield of 2.43%. Mondelez International’s dividend payout ratio is presently 46.83%.

Wall Street Analyst Weigh In

Several brokerages have commented on MDLZ. Barclays increased their price target on Mondelez International from $79.00 to $80.00 and gave the company an “overweight” rating in a report on Tuesday, January 16th. StockNews.com downgraded Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. JPMorgan Chase & Co. lowered their price target on Mondelez International from $84.00 to $82.00 and set an “overweight” rating on the stock in a report on Wednesday, November 29th. Stifel Nicolaus increased their price target on Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a report on Thursday, January 25th. Finally, Argus raised Mondelez International from a “hold” rating to a “buy” rating and set a $83.00 price objective for the company in a research report on Tuesday, November 28th. One analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus price target of $81.37.

Mondelez International Profile

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.