Mondelez International, Inc. (NASDAQ:MDLZ) Shares Bought by General Partner Inc.

General Partner Inc. raised its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 47.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,176 shares of the company’s stock after buying an additional 1,676 shares during the period. General Partner Inc.’s holdings in Mondelez International were worth $362,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Murphy Middleton Hinkle & Parker Inc. raised its holdings in Mondelez International by 3.9% in the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,651 shares of the company’s stock valued at $264,000 after acquiring an additional 136 shares during the last quarter. Cobblestone Asset Management LLC raised its holdings in Mondelez International by 2.8% in the 4th quarter. Cobblestone Asset Management LLC now owns 4,982 shares of the company’s stock valued at $361,000 after acquiring an additional 138 shares during the last quarter. Graypoint LLC increased its holdings in shares of Mondelez International by 1.1% during the 4th quarter. Graypoint LLC now owns 12,281 shares of the company’s stock worth $890,000 after buying an additional 138 shares during the last quarter. Guyasuta Investment Advisors Inc. increased its holdings in shares of Mondelez International by 0.8% during the 4th quarter. Guyasuta Investment Advisors Inc. now owns 16,461 shares of the company’s stock worth $1,192,000 after buying an additional 138 shares during the last quarter. Finally, Rossmore Private Capital increased its holdings in shares of Mondelez International by 0.3% during the 4th quarter. Rossmore Private Capital now owns 50,047 shares of the company’s stock worth $3,625,000 after buying an additional 139 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on MDLZ. Evercore ISI dropped their price objective on Mondelez International from $80.00 to $79.00 and set an “outperform” rating for the company in a report on Tuesday, June 4th. TD Cowen dropped their price objective on Mondelez International from $83.00 to $79.00 and set a “buy” rating for the company in a report on Thursday, June 6th. JPMorgan Chase & Co. dropped their price objective on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Wells Fargo & Company decreased their price target on shares of Mondelez International from $80.00 to $76.00 and set an “overweight” rating for the company in a research report on Tuesday, June 4th. Finally, Barclays decreased their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. One analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $80.22.

Mondelez International Stock Performance

MDLZ traded up $0.03 on Tuesday, hitting $66.11. 852,113 shares of the company’s stock were exchanged, compared to its average volume of 7,267,521. The firm has a market cap of $88.68 billion, a PE ratio of 21.03, a P/E/G ratio of 2.53 and a beta of 0.55. Mondelez International, Inc. has a twelve month low of $60.75 and a twelve month high of $77.20. The stock has a fifty day moving average of $68.92 and a two-hundred day moving average of $71.09. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 0.59.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The firm had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.16 billion. During the same quarter in the prior year, the business earned $0.89 earnings per share. Mondelez International’s quarterly revenue was up 1.4% on a year-over-year basis. On average, research analysts anticipate that Mondelez International, Inc. will post 3.49 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be paid a $0.425 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.70 annualized dividend and a dividend yield of 2.57%. Mondelez International’s payout ratio is currently 53.97%.

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.