DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Acquires 113,817 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 39.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 399,673 shares of the company’s stock after buying an additional 113,817 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main’s holdings in Mondelez International were worth $23,872,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Principal Financial Group Inc. increased its holdings in shares of Mondelez International by 5.6% in the third quarter. Principal Financial Group Inc. now owns 1,567,067 shares of the company’s stock valued at $115,446,000 after purchasing an additional 82,742 shares in the last quarter. Douglas Lane & Associates LLC boosted its position in Mondelez International by 1.4% in the 4th quarter. Douglas Lane & Associates LLC now owns 14,130 shares of the company’s stock valued at $844,000 after buying an additional 198 shares during the last quarter. Legacy Private Trust Co. boosted its position in Mondelez International by 33.2% in the 4th quarter. Legacy Private Trust Co. now owns 3,841 shares of the company’s stock valued at $229,000 after buying an additional 957 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV increased its stake in shares of Mondelez International by 5.8% in the 4th quarter. Hudson Valley Investment Advisors Inc. ADV now owns 61,504 shares of the company’s stock valued at $3,674,000 after buying an additional 3,377 shares during the period. Finally, Fortitude Family Office LLC raised its position in shares of Mondelez International by 12.2% during the fourth quarter. Fortitude Family Office LLC now owns 1,856 shares of the company’s stock worth $111,000 after acquiring an additional 202 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on MDLZ shares. Wells Fargo & Company lifted their price objective on Mondelez International from $64.00 to $68.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 2nd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $69.00 target price on shares of Mondelez International in a research note on Monday, April 28th. UBS Group boosted their price target on shares of Mondelez International from $60.00 to $69.00 and gave the stock a “neutral” rating in a research note on Thursday, April 17th. Barclays raised their price objective on shares of Mondelez International from $71.00 to $74.00 and gave the company an “overweight” rating in a research note on Thursday, May 1st. Finally, Argus cut shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and an average target price of $70.55.

Mondelez International Stock Performance

Shares of MDLZ opened at $67.22 on Friday. The firm has a market cap of $86.95 billion, a P/E ratio of 19.66, a PEG ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68. The firm’s 50 day moving average price is $66.39 and its two-hundred day moving average price is $63.62.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.07. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The firm had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. During the same period in the prior year, the business earned $0.93 EPS. The company’s revenue for the quarter was up .2% compared to the same quarter last year. On average, analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, March 31st were paid a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend was Monday, March 31st. Mondelez International’s payout ratio is 69.89%.

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.