Capital Analysts LLC Has $428,000 Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Capital Analysts LLC boosted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 51.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,910 shares of the company’s stock after acquiring an additional 1,997 shares during the quarter. Capital Analysts LLC’s holdings in Mondelez International were worth $428,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fairfield Bush & CO. bought a new position in Mondelez International in the 1st quarter valued at about $100,000. United Bank lifted its holdings in shares of Mondelez International by 4.6% in the first quarter. United Bank now owns 27,006 shares of the company’s stock valued at $1,695,000 after purchasing an additional 1,189 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Mondelez International by 4.0% during the first quarter. Cetera Investment Advisers now owns 28,390 shares of the company’s stock valued at $1,782,000 after buying an additional 1,085 shares during the last quarter. Dakota Wealth Management bought a new stake in Mondelez International during the first quarter worth $561,000. Finally, Covestor Ltd raised its position in Mondelez International by 69.0% in the 1st quarter. Covestor Ltd now owns 1,269 shares of the company’s stock valued at $80,000 after buying an additional 518 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Stifel Nicolaus upped their target price on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. Deutsche Bank Aktiengesellschaft upped their target price on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, January 18th. JPMorgan Chase & Co. decreased their price target on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Barclays cut their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Finally, StockNews.com lowered Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and an average target price of $80.89.

Mondelez International Trading Up 0.8 %

Shares of MDLZ opened at $66.51 on Thursday. Mondelez International, Inc. has a twelve month low of $60.75 and a twelve month high of $78.59. The stock has a market cap of $89.55 billion, a PE ratio of 18.32, a P/E/G ratio of 2.29 and a beta of 0.56. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60. The business’s 50-day moving average price is $70.86 and its 200-day moving average price is $70.47.

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

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 2.56%. The ex-dividend date was Wednesday, March 27th. Mondelez International’s dividend payout ratio is 46.83%.

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.