Dimensional Fund Advisors LP Sells 97,095 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Dimensional Fund Advisors LP decreased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,052,797 shares of the company’s stock after selling 97,095 shares during the period. Dimensional Fund Advisors LP owned approximately 0.68% of Mondelez International worth $540,711,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Mondelez International by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 132,437,250 shares of the company’s stock worth $7,910,477,000 after buying an additional 931,776 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Mondelez International by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 28,913,478 shares of the company’s stock worth $1,721,954,000 after acquiring an additional 708,523 shares in the last quarter. Norges Bank bought a new position in shares of Mondelez International during the 4th quarter worth approximately $1,118,755,000. Massachusetts Financial Services Co. MA grew its stake in Mondelez International by 1.2% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 17,423,363 shares of the company’s stock valued at $1,040,697,000 after purchasing an additional 208,181 shares during the period. Finally, Invesco Ltd. increased its holdings in Mondelez International by 13.6% during the fourth quarter. Invesco Ltd. now owns 12,409,582 shares of the company’s stock worth $741,224,000 after buying an additional 1,483,270 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Up 1.3 %

MDLZ opened at $67.32 on Friday. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68. The stock’s fifty day moving average is $65.25 and its 200-day moving average is $64.02. The company has a market capitalization of $87.08 billion, a PE ratio of 19.68, a P/E/G ratio of 4.34 and a beta of 0.47.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. On average, equities analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 2.79%. Mondelez International’s dividend payout ratio (DPR) is currently 54.97%.

Analysts Set New Price Targets

MDLZ has been the topic of a number of recent research reports. Royal Bank of Canada dropped their price target on shares of Mondelez International from $75.00 to $69.00 and set an “outperform” rating on the stock in a research note on Thursday, February 6th. Deutsche Bank Aktiengesellschaft dropped their price objective on Mondelez International from $67.00 to $62.00 and set a “hold” rating for the company in a research note on Wednesday, January 22nd. Citigroup decreased their price objective on shares of Mondelez International from $78.00 to $71.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Wells Fargo & Company boosted their target price on shares of Mondelez International from $64.00 to $68.00 and gave the company an “equal weight” rating in a report on Wednesday, April 2nd. Finally, UBS Group lifted their price target on Mondelez International from $60.00 to $69.00 and gave the stock a “neutral” rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.80.

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.