3,204 Shares in Mondelez International, Inc. $MDLZ Bought by Fulcrum Capital LLC

Fulcrum Capital LLC purchased a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 3,204 shares of the company’s stock, valued at approximately $216,000.

Several other hedge funds have also recently modified their holdings of MDLZ. Price T Rowe Associates Inc. MD boosted its holdings in Mondelez International by 90.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,017,101 shares of the company’s stock valued at $1,968,811,000 after purchasing an additional 13,755,181 shares in the last quarter. Nuveen LLC purchased a new stake in Mondelez International in the 1st quarter valued at approximately $866,843,000. Goldman Sachs Group Inc. boosted its holdings in Mondelez International by 57.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,446,774 shares of the company’s stock valued at $640,964,000 after purchasing an additional 3,454,174 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new stake in Mondelez International in the 1st quarter valued at approximately $189,930,000. Finally, Natixis Advisors LLC boosted its holdings in Mondelez International by 148.6% in the 1st quarter. Natixis Advisors LLC now owns 2,970,513 shares of the company’s stock valued at $201,549,000 after purchasing an additional 1,775,570 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $61.45 on Friday. The business’s 50 day simple moving average is $62.28 and its 200-day simple moving average is $65.45. The firm has a market capitalization of $79.51 billion, a price-to-earnings ratio of 22.51, a price-to-earnings-growth ratio of 4.62 and a beta of 0.45. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.64 and a quick ratio of 0.39. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $72.70.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 11th. The company reported $0.66 EPS for the quarter. Mondelez International had a return on equity of 15.35% and a net margin of 9.84%.The business had revenue of $7.30 billion for the quarter. As a group, equities analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, September 30th. This is an increase from Mondelez International’s previous quarterly dividend of $0.47. Mondelez International’s dividend payout ratio is currently 73.26%.

Analyst Upgrades and Downgrades

MDLZ has been the topic of a number of analyst reports. Berenberg Bank lowered Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 price objective on the stock. in a report on Thursday, October 2nd. Stifel Nicolaus lifted their price objective on Mondelez International from $73.00 to $76.00 and gave the company a “buy” rating in a report on Wednesday, July 30th. Morgan Stanley lowered their price objective on Mondelez International from $73.00 to $71.00 and set an “overweight” rating on the stock in a report on Monday, October 6th. JPMorgan Chase & Co. began coverage on Mondelez International in a report on Wednesday, August 20th. They issued an “overweight” rating and a $75.00 price objective on the stock. Finally, Evercore ISI decreased their price target on Mondelez International from $73.00 to $72.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. Fourteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Mondelez International has an average rating of “Moderate Buy” and a consensus target price of $71.55.

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.