CFM Wealth Partners LLC Buys 539 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

CFM Wealth Partners LLC raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,696 shares of the company’s stock after acquiring an additional 539 shares during the quarter. CFM Wealth Partners LLC’s holdings in Mondelez International were worth $3,269,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MDLZ. E Fund Management Hong Kong Co. Ltd. bought a new position in Mondelez International in the 2nd quarter valued at approximately $26,000. Lynx Investment Advisory bought a new position in Mondelez International in the 2nd quarter valued at approximately $27,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in Mondelez International in the 2nd quarter valued at approximately $29,000. ESL Trust Services LLC bought a new position in Mondelez International in the 1st quarter valued at approximately $38,000. Finally, Albion Financial Group UT bought a new position in Mondelez International in the 1st quarter valued at approximately $44,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $71.80 on Wednesday. The company has a fifty day simple moving average of $72.43 and a 200 day simple moving average of $69.57. Mondelez International, Inc. has a 12-month low of $61.83 and a 12-month high of $77.20. The company has a current ratio of 0.68, a quick ratio of 0.50 and a debt-to-equity ratio of 0.58. The company has a market cap of $96.31 billion, a P/E ratio of 22.79, a PEG ratio of 2.87 and a beta of 0.54.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.07. Mondelez International had a return on equity of 16.69% and a net margin of 10.97%. The business had revenue of $8.34 billion for the quarter, compared to analysts’ expectations of $8.45 billion. During the same period last year, the business earned $0.76 EPS. The business’s revenue was down 1.9% on a year-over-year basis. Sell-side analysts predict that Mondelez International, Inc. will post 3.5 earnings per share for the current fiscal year.

Mondelez International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 14th. Shareholders of record on Monday, September 30th were paid a dividend of $0.47 per share. The ex-dividend date of this dividend was Monday, September 30th. This is a boost from Mondelez International’s previous quarterly dividend of $0.43. This represents a $1.88 annualized dividend and a yield of 2.62%. Mondelez International’s dividend payout ratio (DPR) is 59.68%.

Analyst Ratings Changes

A number of brokerages recently issued reports on MDLZ. DA Davidson dropped their price objective on shares of Mondelez International from $80.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, July 31st. Citigroup increased their target price on shares of Mondelez International from $79.00 to $80.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. Barclays decreased their target price on shares of Mondelez International from $80.00 to $76.00 and set an “overweight” rating for the company in a research report on Friday, July 19th. Sanford C. Bernstein decreased their target price on shares of Mondelez International from $90.00 to $88.00 and set an “outperform” rating for the company in a research report on Wednesday, July 17th. Finally, Evercore ISI increased their target price on shares of Mondelez International from $79.00 to $85.00 and gave the company an “outperform” rating in a research report on Thursday, September 26th. One research analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. Based on data from MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and an average price target of $78.65.

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.