Oxford Asset Management LLP Takes $1.49 Million Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Oxford Asset Management LLP bought a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 4th quarter, Holdings Channel.com reports. The firm bought 24,881 shares of the company’s stock, valued at approximately $1,486,000. Mondelez International comprises 0.8% of Oxford Asset Management LLP’s holdings, making the stock its 16th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new position in shares of Mondelez International in the fourth quarter worth approximately $1,118,755,000. Capital Research Global Investors increased its position in shares of Mondelez International by 13.9% in the fourth quarter. Capital Research Global Investors now owns 37,529,511 shares of the company’s stock valued at $2,241,637,000 after acquiring an additional 4,572,555 shares during the period. Raymond James Financial Inc. bought a new position in shares of Mondelez International during the fourth quarter valued at about $256,832,000. Van ECK Associates Corp grew its stake in shares of Mondelez International by 2,560.0% in the fourth quarter. Van ECK Associates Corp now owns 3,411,179 shares of the company’s stock worth $203,749,000 after purchasing an additional 3,282,937 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Mondelez International by 13.6% during the 4th quarter. Invesco Ltd. now owns 12,409,582 shares of the company’s stock valued at $741,224,000 after purchasing an additional 1,483,270 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Trading Up 0.1 %

Shares of MDLZ stock opened at $65.59 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06. The stock’s 50-day moving average price is $65.85 and its 200-day moving average price is $63.86. The stock has a market capitalization of $84.84 billion, a price-to-earnings ratio of 19.18, a price-to-earnings-growth ratio of 4.34 and a beta of 0.47.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. Equities research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Monday, March 31st were given a $0.47 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.88 annualized dividend and a yield of 2.87%. Mondelez International’s dividend payout ratio is currently 54.97%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Stifel Nicolaus reduced their target price on Mondelez International from $82.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. DA Davidson cut shares of Mondelez International from a “buy” rating to a “neutral” rating and raised their target price for the stock from $66.00 to $68.00 in a research report on Thursday. Argus cut shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. DZ Bank downgraded Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 target price on the stock. in a report on Friday, February 7th. Finally, JPMorgan Chase & Co. raised their target price on Mondelez International from $64.00 to $74.00 and gave the company an “overweight” rating in a research note on Friday, April 11th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $69.70.

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.