Columbia Trust Co 01012016 Acquires 1,524 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Columbia Trust Co 01012016 lifted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 19.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,192 shares of the company’s stock after acquiring an additional 1,524 shares during the quarter. Columbia Trust Co 01012016’s holdings in Mondelez International were worth $666,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. grew its stake in Mondelez International by 1.8% in the second quarter. BlackRock Inc. now owns 100,338,497 shares of the company’s stock worth $7,318,690,000 after purchasing an additional 1,785,306 shares during the period. State Street Corp grew its stake in Mondelez International by 0.7% in the second quarter. State Street Corp now owns 59,520,732 shares of the company’s stock worth $4,364,084,000 after purchasing an additional 401,413 shares during the period. Moneta Group Investment Advisors LLC grew its stake in shares of Mondelez International by 116,165.4% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 23,389,107 shares of the company’s stock worth $1,558,884,000 after acquiring an additional 23,368,990 shares during the last quarter. Morgan Stanley grew its stake in shares of Mondelez International by 25.8% in the fourth quarter. Morgan Stanley now owns 22,750,267 shares of the company’s stock worth $1,516,305,000 after acquiring an additional 4,663,166 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Mondelez International by 1.8% in the third quarter. Northern Trust Corp now owns 17,099,636 shares of the company’s stock worth $1,186,715,000 after acquiring an additional 303,965 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of Mondelez International stock traded down $0.81 during trading hours on Tuesday, reaching $70.04. 11,413,082 shares of the stock traded hands, compared to its average volume of 7,232,050. The company has a 50 day moving average price of $73.09 and a 200 day moving average price of $70.80. The firm has a market capitalization of $95.32 billion, a price-to-earnings ratio of 19.29, a P/E/G ratio of 2.46 and a beta of 0.57. Mondelez International, Inc. has a one year low of $60.75 and a one year high of $78.59. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.06. The business 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 business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.73 EPS. On average, equities research analysts expect that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.425 per share. The ex-dividend date is Wednesday, March 27th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.43%. Mondelez International’s dividend payout ratio is currently 46.83%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on MDLZ. Deutsche Bank Aktiengesellschaft increased their target price on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. Citigroup began coverage on Mondelez International in a research note on Thursday, February 1st. They issued a “buy” rating and a $87.00 target price on the stock. JPMorgan Chase & Co. cut their target price on Mondelez International from $84.00 to $82.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 29th. DA Davidson began coverage on Mondelez International in a research note on Friday, December 8th. They issued a “buy” rating and a $83.00 target price on the stock. Finally, Argus raised Mondelez International from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a report on Tuesday, November 28th. One equities research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $81.37.

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.