Mondelez International, Inc. (NASDAQ:MDLZ) Holdings Boosted by Tradewinds LLC.

Tradewinds LLC. boosted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 11.0% during the first quarter, HoldingsChannel.com reports. The fund owned 4,781 shares of the company’s stock after acquiring an additional 474 shares during the period. Tradewinds LLC.’s holdings in Mondelez International were worth $324,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Goodman Advisory Group LLC bought a new stake in Mondelez International during the first quarter worth approximately $26,000. E Fund Management Hong Kong Co. Ltd. grew its position in Mondelez International by 376.1% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 438 shares of the company’s stock worth $30,000 after buying an additional 346 shares during the last quarter. North Capital Inc. acquired a new position in Mondelez International in the first quarter worth approximately $31,000. Orion Capital Management LLC acquired a new position in Mondelez International in the fourth quarter worth approximately $30,000. Finally, Transce3nd LLC purchased a new position in Mondelez International during the 4th quarter worth approximately $30,000. Institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

MDLZ has been the topic of several research analyst reports. Piper Sandler lifted their price objective on shares of Mondelez International from $59.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 9th. Morgan Stanley lifted their price objective on shares of Mondelez International from $69.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, April 30th. Evercore ISI lifted their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, April 23rd. Stifel Nicolaus lifted their price objective on shares of Mondelez International from $70.00 to $73.00 and gave the company a “buy” rating in a research note on Wednesday, April 30th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $69.00 price objective on shares of Mondelez International in a research note on Monday, April 28th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $70.63.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $69.02 on Friday. The stock has a market cap of $89.36 billion, a P/E ratio of 25.66, a PEG ratio of 5.35 and a beta of 0.48. The company’s 50-day simple moving average is $66.91 and its 200 day simple moving average is $64.00. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06. The company has a quick ratio of 0.40, a current ratio of 0.61 and a debt-to-equity ratio of 0.61.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.07. The company had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. Mondelez International had a net margin of 9.90% and a return on equity of 15.94%. The company’s revenue was up .2% on a year-over-year basis. During the same quarter last year, the business posted $0.93 earnings per share. As a group, research analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.72%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International’s payout ratio is 69.89%.

About Mondelez International

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.