5,523 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Purchased by Chicago Capital LLC

Chicago Capital LLC purchased a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,523 shares of the company’s stock, valued at approximately $375,000.

Several other large investors have also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc increased its position in shares of Mondelez International by 6.7% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company’s stock valued at $160,000 after purchasing an additional 168 shares during the period. Sound Income Strategies LLC increased its holdings in Mondelez International by 11.1% in the 1st quarter. Sound Income Strategies LLC now owns 1,688 shares of the company’s stock valued at $115,000 after buying an additional 168 shares during the period. First Horizon Advisors Inc. increased its holdings in Mondelez International by 1.8% in the 4th quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company’s stock valued at $627,000 after buying an additional 181 shares during the period. 44 Wealth Management LLC raised its stake in shares of Mondelez International by 2.6% in the 4th quarter. 44 Wealth Management LLC now owns 7,645 shares of the company’s stock valued at $457,000 after buying an additional 191 shares in the last quarter. Finally, Baker Avenue Asset Management LP lifted its holdings in shares of Mondelez International by 4.2% during the 4th quarter. Baker Avenue Asset Management LP now owns 4,763 shares of the company’s stock worth $284,000 after acquiring an additional 193 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of MDLZ stock opened at $66.35 on Wednesday. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06. The stock has a market capitalization of $85.91 billion, a PE ratio of 24.67, a PEG ratio of 5.20 and a beta of 0.48. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.40 and a current ratio of 0.61. The stock’s fifty day moving average is $66.63 and its 200-day moving average is $63.50.

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

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be paid a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.88 annualized dividend and a dividend yield of 2.83%. Mondelez International’s dividend payout ratio (DPR) is currently 69.89%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on MDLZ shares. Evercore ISI upped their target price 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. Argus lowered Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 21st. Wells Fargo & Company increased their target price on Mondelez International from $64.00 to $68.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 2nd. UBS Group boosted their price target on Mondelez International from $60.00 to $69.00 and gave the company a “neutral” rating in a research note on Thursday, April 17th. Finally, Morgan Stanley upped their price target on Mondelez International from $69.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and an average target price of $70.11.

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.