Mondelez International, Inc. (NASDAQ:MDLZ) Position Increased by Dakota Wealth Management

Dakota Wealth Management lifted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 5.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,342 shares of the company’s stock after acquiring an additional 2,107 shares during the period. Dakota Wealth Management’s holdings in Mondelez International were worth $3,004,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Moneta Group Investment Advisors LLC grew its stake in Mondelez International by 116,165.4% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 23,389,107 shares of the company’s stock valued at $1,558,884,000 after acquiring an additional 23,368,990 shares in the last quarter. Norges Bank acquired a new stake in shares of Mondelez International during the fourth quarter worth approximately $981,319,000. Morgan Stanley grew its position in Mondelez International by 25.8% during the fourth quarter. Morgan Stanley now owns 22,750,267 shares of the company’s stock valued at $1,516,305,000 after purchasing an additional 4,663,166 shares in the last quarter. Renaissance Technologies LLC increased its stake in Mondelez International by 759.1% in the 1st quarter. Renaissance Technologies LLC now owns 3,035,298 shares of the company’s stock valued at $190,556,000 after buying an additional 2,682,000 shares during the period. Finally, Man Group plc lifted its position in Mondelez International by 122.6% in the 4th quarter. Man Group plc now owns 3,468,865 shares of the company’s stock worth $231,200,000 after buying an additional 1,910,553 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Down 1.2 %

Mondelez International stock opened at $65.87 on Tuesday. 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 fifty-two week low of $60.75 and a fifty-two week high of $78.59. The firm has a fifty day moving average price of $71.21 and a two-hundred day moving average price of $70.52. The firm has a market cap of $88.69 billion, a price-to-earnings ratio of 18.15, a P/E/G ratio of 2.32 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.06. The firm had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.31 billion. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.73 EPS. As a group, analysts forecast that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date of this dividend was Wednesday, March 27th. Mondelez International’s dividend payout ratio (DPR) is currently 46.83%.

Analysts Set New Price Targets

MDLZ has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, January 18th. Citigroup dropped their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research report on Thursday, April 11th. Barclays cut their price target on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research note on Friday. Stifel Nicolaus boosted their price target on Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Finally, StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $80.89.

About Mondelez International

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.