Capital Analysts LLC Has $428,000 Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Capital Analysts LLC grew its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 51.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,910 shares of the company’s stock after purchasing an additional 1,997 shares during the period. Capital Analysts LLC’s holdings in Mondelez International were worth $428,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Fairfield Bush & CO. bought a new stake in Mondelez International in the first quarter worth approximately $100,000. United Bank boosted its holdings in Mondelez International by 4.6% in the first quarter. United Bank now owns 27,006 shares of the company’s stock worth $1,695,000 after purchasing an additional 1,189 shares in the last quarter. Cetera Investment Advisers increased its position in Mondelez International by 4.0% during the first quarter. Cetera Investment Advisers now owns 28,390 shares of the company’s stock worth $1,782,000 after buying an additional 1,085 shares during the last quarter. Dakota Wealth Management acquired a new position in Mondelez International during the first quarter worth $561,000. Finally, Covestor Ltd raised its holdings in Mondelez International by 69.0% during the first quarter. Covestor Ltd now owns 1,269 shares of the company’s stock valued at $80,000 after buying an additional 518 shares in the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on MDLZ. JPMorgan Chase & Co. lowered their price objective on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Citigroup dropped their price target on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research report on Thursday, April 11th. Stifel Nicolaus upped their price objective on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Barclays dropped their target price on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, January 18th. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $80.89.

Mondelez International Trading Up 0.8 %

Shares of Mondelez International stock opened at $66.51 on Thursday. Mondelez International, Inc. has a 52-week low of $60.75 and a 52-week high of $78.59. The firm has a market capitalization of $89.55 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 2.29 and a beta of 0.56. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.62 and a quick ratio of 0.43. The company’s fifty day moving average price is $70.86 and its two-hundred day moving average price is $70.47.

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

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were issued a $0.425 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.56%. Mondelez International’s payout ratio is presently 46.83%.

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.