First Command Bank acquired a new position in Mondelez International, Inc. (NASDAQ:MDLZ) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 2,448 shares of the company’s stock, valued at approximately $109,000.

Other hedge funds also recently bought and sold shares of the company. Waters Parkerson & CO. LLC increased its position in Mondelez International by 1.6% in the second quarter. Waters Parkerson & CO. LLC now owns 13,438 shares of the company’s stock valued at $612,000 after buying an additional 217 shares during the last quarter. KBC Group NV increased its position in Mondelez International by 2.0% in the third quarter. KBC Group NV now owns 1,189,637 shares of the company’s stock valued at $52,225,000 after buying an additional 23,268 shares during the last quarter. Prudential Financial Inc. increased its position in Mondelez International by 0.5% in the third quarter. Prudential Financial Inc. now owns 2,224,033 shares of the company’s stock valued at $97,635,000 after buying an additional 11,923 shares during the last quarter. Boston Private Wealth LLC increased its position in Mondelez International by 0.6% in the second quarter. Boston Private Wealth LLC now owns 459,937 shares of the company’s stock valued at $20,931,000 after buying an additional 2,627 shares during the last quarter. Finally, Suntrust Banks Inc. increased its position in Mondelez International by 1.6% in the third quarter. Suntrust Banks Inc. now owns 835,989 shares of the company’s stock valued at $36,698,000 after buying an additional 13,125 shares during the last quarter. Institutional investors and hedge funds own 75.43% of the company’s stock.

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

Mondelez International, Inc. (NASDAQ:MDLZ) opened at 43.20 on Friday. The company has a market capitalization of $66.53 billion, a price-to-earnings ratio of 41.14 and a beta of 1.08. Mondelez International, Inc. has a 52-week low of $39.21 and a 52-week high of $46.40. The stock has a 50 day moving average of $44.63 and a 200-day moving average of $43.49.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, February 7th. The company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by $0.01. The firm had revenue of $6.77 billion for 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 firm’s revenue was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.46 earnings per share. On average, equities research analysts anticipate that Mondelez International, Inc. will post $2.11 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 13th. Stockholders of record on Friday, March 31st will be given a dividend of $0.19 per share. The ex-dividend date is Wednesday, March 29th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.76%. Mondelez International’s dividend payout ratio is currently 72.38%.

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MDLZ has been the subject of several recent research reports. Zacks Investment Research downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Tuesday, December 13th. Deutsche Bank AG reiterated a “hold” rating and issued a $46.00 target price on shares of Mondelez International in a research note on Thursday, November 10th. RBC Capital Markets reiterated an “outperform” rating and issued a $54.00 target price (down previously from $56.00) on shares of Mondelez International in a research note on Friday, December 23rd. TheStreet downgraded shares of Mondelez International from a “b” rating to a “c” rating in a research note on Thursday, February 9th. Finally, Citigroup Inc. downgraded shares of Mondelez International from a “positive” rating to a “neutral” rating and set a $53.00 target price for the company. in a research note on Wednesday, February 8th. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $49.13.

In other news, Director Charles E. Bunch bought 2,000 shares of the stock in a transaction dated Thursday, February 9th. The stock was purchased at an average cost of $44.95 per share, for a total transaction of $89,900.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 3.90% of the stock is currently owned by corporate insiders.

About Mondelez International

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers in approximately 165 countries around the world. The Company operates through five segments: Latin America; Asia Pacific; Eastern Europe, Middle East, and Africa (EEMEA); Europe, and North America.

5 Day Chart for NASDAQ:MDLZ

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