Mondelez International, Inc. (NASDAQ:MDLZ) Shares Purchased by Northcape Wealth Management LLC

Northcape Wealth Management LLC raised its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,132 shares of the company’s stock after acquiring an additional 554 shares during the quarter. Northcape Wealth Management LLC’s holdings in Mondelez International were worth $879,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Carmel Capital Partners LLC acquired a new stake in Mondelez International in the third quarter valued at $28,000. First Command Advisory Services Inc. acquired a new stake in Mondelez International in the third quarter valued at $29,000. HHM Wealth Advisors LLC acquired a new stake in Mondelez International in the fourth quarter valued at $29,000. Orion Capital Management LLC acquired a new stake in Mondelez International in the third quarter valued at $35,000. Finally, Legacy Financial Group LLC acquired a new stake in Mondelez International in the third quarter valued at $45,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Ratings Changes

MDLZ has been the subject of several research reports. Citigroup cut their price target on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research note on Thursday, April 11th. JPMorgan Chase & Co. cut their price target on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. Deutsche Bank Aktiengesellschaft lifted their price objective on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, January 18th. Barclays dropped their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Finally, StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $80.50.

Mondelez International Stock Up 0.2 %

Mondelez International stock traded up $0.11 during midday trading on Tuesday, hitting $71.94. 11,057,898 shares of the company were exchanged, compared to its average volume of 7,955,643. The company’s fifty day moving average price is $70.45 and its 200-day moving average price is $70.79. The company has a market cap of $96.87 billion, a PE ratio of 19.98, a price-to-earnings-growth ratio of 2.46 and a beta of 0.56. 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 $78.54.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. The firm had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.16 billion. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. Mondelez International’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.89 EPS. On average, research analysts predict that Mondelez International, Inc. will post 3.52 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were issued a $0.425 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.36%. Mondelez International’s dividend payout ratio (DPR) 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.