Mondelez International Target of Unusually Large Options Trading (MDLZ)

Mondelez International Inc (NASDAQ:MDLZ) was the recipient of some unusual options trading activity on Monday. Stock traders bought 2,854 put options on the stock. This is an increase of approximately 501% compared to the typical daily volume of 475 put options.

Mondelez International (NASDAQ:MDLZ) traded down 0.34% during trading on Thursday, hitting $44.24. 2,337,101 shares of the stock were exchanged. The stock has a market cap of $67.54 billion, a price-to-earnings ratio of 42.13 and a beta of 1.08. Mondelez International has a 1-year low of $40.50 and a 1-year high of $46.40. The firm’s 50 day moving average price is $43.98 and its 200-day moving average price is $43.69.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, February 7th. The company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by $0.02. The company earned $6.77 billion during the quarter, compared to the consensus estimate of $6.86 billion. Mondelez International had a net margin of 6.40% and a return on equity of 11.12%. The business’s revenue was down 8.1% compared to the same quarter last year. During the same period last year, the company earned $0.46 earnings per share. On average, analysts anticipate that Mondelez International will post $2.10 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 13th. Stockholders of record on Friday, March 31st will be paid a $0.19 dividend. The ex-dividend date is Wednesday, March 29th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.71%. Mondelez International’s dividend payout ratio (DPR) is presently 72.38%.

Several research analysts have commented on the stock. Zacks Investment Research upgraded shares of Mondelez International from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a report on Thursday, December 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $54.00 target price on shares of Mondelez International in a report on Wednesday, February 8th. Susquehanna Bancshares Inc cut shares of Mondelez International from a “positive” rating to a “neutral” rating and decreased their target price for the stock from $53.00 to $46.00 in a report on Wednesday, February 8th. Berenberg Bank assumed coverage on shares of Mondelez International in a report on Thursday, January 5th. They issued a “buy” rating and a $51.00 target price for the company. Finally, Citigroup Inc cut shares of Mondelez International from a “positive” rating to a “neutral” rating and set a $53.00 target price for the company. in a report on Wednesday, February 8th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. Mondelez International has an average rating of “Buy” and a consensus price target of $49.47.

In other Mondelez International news, EVP Maurizio Brusadelli sold 4,940 shares of the firm’s stock in a transaction dated Friday, February 17th. The shares were sold at an average price of $41.84, for a total transaction of $206,689.60. Following the transaction, the executive vice president now owns 59,031 shares of the company’s stock, valued at approximately $2,469,857.04. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Charles E. Bunch bought 2,000 shares of the stock in a transaction on Thursday, February 9th. The shares were bought at an average cost of $44.95 per share, for a total transaction of $89,900.00. The disclosure for this purchase can be found here. 3.90% of the stock is currently owned by company insiders.

Several hedge funds have recently made changes to their positions in MDLZ. Adirondack Trust Co. increased its position in Mondelez International by 2.0% in the first quarter. Adirondack Trust Co. now owns 2,330 shares of the company’s stock valued at $100,000 after buying an additional 45 shares during the last quarter. D. Scott Neal Inc. purchased a new position in Mondelez International during the third quarter valued at about $106,000. First Command Bank purchased a new position in Mondelez International during the fourth quarter valued at about $109,000. Tarbox Group Inc. increased its position in Mondelez International by 0.9% in the third quarter. Tarbox Group Inc. now owns 2,836 shares of the company’s stock valued at $125,000 after buying an additional 25 shares during the last quarter. Finally, TLP Group LLC purchased a new position in Mondelez International during the third quarter valued at about $129,000. 75.43% of the stock is owned by institutional investors.

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Mondelez International Company Profile

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.

5 Day Chart for NASDAQ:MDLZ

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