400 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Bought by HHM Wealth Advisors LLC

HHM Wealth Advisors LLC acquired a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 400 shares of the company’s stock, valued at approximately $29,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Northern Trust Corp grew its position in shares of Mondelez International by 1.8% in the 3rd quarter. Northern Trust Corp now owns 17,099,636 shares of the company’s stock valued at $1,186,715,000 after buying an additional 303,965 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Mondelez International by 0.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 11,872,797 shares of the company’s stock valued at $823,972,000 after buying an additional 65,976 shares during the last quarter. Invesco Ltd. grew its position in shares of Mondelez International by 9.2% in the 3rd quarter. Invesco Ltd. now owns 7,721,800 shares of the company’s stock valued at $535,893,000 after buying an additional 648,270 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Mondelez International by 1.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 7,271,547 shares of the company’s stock valued at $504,645,000 after buying an additional 69,381 shares during the last quarter. Finally, California Public Employees Retirement System grew its position in shares of Mondelez International by 7.8% in the 4th quarter. California Public Employees Retirement System now owns 6,235,276 shares of the company’s stock valued at $451,621,000 after buying an additional 450,459 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of Mondelez International stock opened at $70.61 on Monday. The company has a market cap of $95.07 billion, a PE ratio of 19.45, a price-to-earnings-growth ratio of 2.46 and a beta of 0.56. Mondelez International, Inc. has a 52 week low of $60.75 and a 52 week high of $78.59. The business has a 50 day moving average price of $70.45 and a 200-day moving average price of $70.72. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60.

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

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were paid a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 2.41%. The ex-dividend date was Wednesday, March 27th. Mondelez International’s dividend payout ratio (DPR) is presently 46.83%.

Analysts Set New Price Targets

A number of research firms have commented on MDLZ. Deutsche Bank Aktiengesellschaft upped their price target on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, January 18th. Barclays cut their target price on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Citigroup cut their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research report on Thursday, April 11th. StockNews.com lowered Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, JPMorgan Chase & Co. cut their target price on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and an average price target of $80.50.

Mondelez International Company 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.