Traders purchased shares of Mondelez International, Inc. (NASDAQ:MDLZ) on weakness during trading hours on Wednesday. $4.44 million flowed into the stock on the tick-up and $0.65 million flowed out of the stock on the tick-down, for a money net flow of $3.79 million into the stock. Of all stocks tracked, Mondelez International had the 19th highest net in-flow for the day. Mondelez International traded down ($0.18) for the day and closed at $40.55

A number of analysts have recently issued reports on MDLZ shares. UBS AG restated a “buy” rating and issued a $51.00 target price on shares of Mondelez International in a report on Thursday, July 6th. Credit Suisse Group restated a “buy” rating and issued a $50.00 target price on shares of Mondelez International in a report on Tuesday, June 13th. Royal Bank Of Canada restated a “buy” rating and issued a $54.00 target price on shares of Mondelez International in a report on Monday, May 22nd. Susquehanna Bancshares Inc restated a “hold” rating on shares of Mondelez International in a report on Wednesday, August 2nd. Finally, Piper Jaffray Companies started coverage on Mondelez International in a report on Wednesday, May 24th. They issued a “neutral” rating and a $48.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $50.33.

The firm has a 50-day moving average price of $43.17 and a 200-day moving average price of $44.24. The company has a market cap of $61.20 billion, a price-to-earnings ratio of 35.70 and a beta of 1.20.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.46 by $0.02. The business had revenue of $5.99 billion for the quarter, compared to analysts’ expectations of $5.98 billion. Mondelez International had a net margin of 6.92% and a return on equity of 11.96%. The firm’s revenue was down 5.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.44 EPS. On average, analysts predict that Mondelez International, Inc. will post $2.12 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 12th. Investors of record on Friday, September 29th will be given a $0.22 dividend. This is a boost from Mondelez International’s previous quarterly dividend of $0.19. This represents a $0.88 annualized dividend and a yield of 2.17%. The ex-dividend date of this dividend is Thursday, September 28th. Mondelez International’s payout ratio is currently 66.67%.

In related news, EVP Maurizio Brusadelli sold 6,248 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $43.76, for a total value of $273,412.48. Following the sale, the executive vice president now directly owns 61,651 shares of the company’s stock, valued at approximately $2,697,847.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.60% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Stevens Capital Management LP bought a new stake in Mondelez International in the 1st quarter valued at $11,268,000. United Bank lifted its position in Mondelez International by 6.6% in the 1st quarter. United Bank now owns 20,759 shares of the company’s stock valued at $894,000 after acquiring an additional 1,282 shares in the last quarter. Blue Rock Advisors LLC bought a new stake in Mondelez International during the 1st quarter worth about $431,000. Putnam FL Investment Management Co. lifted its position in Mondelez International by 6.1% during the 1st quarter. Putnam FL Investment Management Co. now owns 90,239 shares of the company’s stock worth $3,888,000 after buying an additional 5,165 shares in the last quarter. Finally, Keybank National Association OH lifted its position in Mondelez International by 1.9% during the 1st quarter. Keybank National Association OH now owns 1,000,853 shares of the company’s stock worth $43,117,000 after buying an additional 18,345 shares in the last quarter. 75.88% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: “Investors Buy Mondelez International, Inc. (MDLZ) on Weakness” was reported by Daily Political and is the property of of Daily Political. If you are reading this report on another publication, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be viewed at https://www.dailypolitical.com/2017/09/06/investors-buy-mondelez-international-inc-mdlz-on-weakness-2.html.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.