Mondelez International, Inc. $MDLZ Stock Holdings Increased by Sage Private Wealth Group LLC

Sage Private Wealth Group LLC raised its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 5.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,169 shares of the company’s stock after buying an additional 248 shares during the quarter. Sage Private Wealth Group LLC’s holdings in Mondelez International were worth $349,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of MDLZ. Abound Financial LLC acquired a new stake in shares of Mondelez International during the 1st quarter valued at approximately $25,000. Goodman Advisory Group LLC acquired a new position in Mondelez International in the first quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. increased its stake in Mondelez International by 376.1% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 438 shares of the company’s stock valued at $30,000 after purchasing an additional 346 shares during the last quarter. North Capital Inc. acquired a new stake in shares of Mondelez International during the first quarter worth $31,000. Finally, Financial Connections Group Inc. acquired a new stake in shares of Mondelez International during the second quarter worth $33,000. Institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

MDLZ has been the subject of several research reports. Berenberg Bank lowered shares of Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 price target for the company. in a report on Thursday, October 2nd. Morgan Stanley cut their target price on shares of Mondelez International from $73.00 to $71.00 and set an “overweight” rating on the stock in a report on Monday, October 6th. Evercore ISI decreased their target price on Mondelez International from $73.00 to $72.00 and set an “outperform” rating for the company in a research note on Friday, September 26th. Sanford C. Bernstein upped their target price on Mondelez International from $79.00 to $88.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Finally, Stifel Nicolaus raised their price target on Mondelez International from $73.00 to $76.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. Thirteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $70.89.

Mondelez International Trading Down 0.1%

Mondelez International stock opened at $61.60 on Friday. Mondelez International, Inc. has a 52-week low of $53.95 and a 52-week high of $72.35. The company has a quick ratio of 0.39, a current ratio of 0.64 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $79.71 billion, a price-to-earnings ratio of 22.56, a PEG ratio of 5.51 and a beta of 0.45. The firm has a 50-day moving average price of $62.21 and a two-hundred day moving average price of $65.30.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 11th. The company reported $0.66 earnings per share for the quarter. The company had revenue of $7.30 billion for the quarter. Mondelez International had a return on equity of 15.35% and a net margin of 9.84%. Sell-side analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 14th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.50 per share. This is a boost from Mondelez International’s previous quarterly dividend of $0.47. The ex-dividend date was Tuesday, September 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. Mondelez International’s payout ratio is presently 73.26%.

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.