Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by PFG Investments LLC

PFG Investments LLC boosted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 27.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,470 shares of the company’s stock after purchasing an additional 1,378 shares during the period. PFG Investments LLC’s holdings in Mondelez International were worth $469,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Heartwood Wealth Advisors LLC acquired a new stake in Mondelez International during the 4th quarter valued at $201,000. Johnson & White Wealth Management LLC grew its holdings in Mondelez International by 3.2% during the 4th quarter. Johnson & White Wealth Management LLC now owns 4,520 shares of the company’s stock valued at $327,000 after purchasing an additional 141 shares in the last quarter. Rockwood Wealth Management LLC acquired a new stake in Mondelez International during the 4th quarter valued at $660,000. Fiduciary Alliance LLC grew its holdings in Mondelez International by 3.5% during the 4th quarter. Fiduciary Alliance LLC now owns 206,254 shares of the company’s stock worth $14,939,000 after acquiring an additional 6,940 shares in the last quarter. Finally, Red Door Wealth Management LLC grew its holdings in Mondelez International by 8.3% during the 4th quarter. Red Door Wealth Management LLC now owns 5,422 shares of the company’s stock worth $393,000 after acquiring an additional 415 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MDLZ has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Mondelez International from $84.00 to $82.00 and set an “overweight” rating for the company in a report on Wednesday, November 29th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. Citigroup initiated coverage on shares of Mondelez International in a report on Thursday, February 1st. They set a “buy” rating and a $87.00 price objective for the company. Stifel Nicolaus raised 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. Finally, Barclays raised their price target on shares of Mondelez International from $79.00 to $80.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 16th. 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $81.37.

Mondelez International Stock Performance

Shares of MDLZ opened at $70.10 on Thursday. The firm’s 50 day moving average is $73.03 and its 200-day moving average is $70.80. The stock has a market capitalization of $95.40 billion, a P/E ratio of 19.31, a P/E/G ratio of 2.38 and a beta of 0.57. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.62 and a quick ratio of 0.43. Mondelez International, Inc. has a 12-month low of $60.75 and a 12-month high of $78.59.

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

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 11th. Investors of record on Thursday, March 28th will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend is Wednesday, March 27th. 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.