International Private Wealth Advisors LLC Purchases Shares of 3,251 Mondelez International, Inc. (NASDAQ:MDLZ)

International Private Wealth Advisors LLC acquired a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,251 shares of the company’s stock, valued at approximately $221,000.

A number of other large investors have also modified their holdings of the stock. Marshall Investment Management LLC acquired a new position in Mondelez International during the 4th quarter worth $26,000. Transce3nd LLC acquired a new position in shares of Mondelez International during the fourth quarter worth about $30,000. Orion Capital Management LLC acquired a new position in shares of Mondelez International during the fourth quarter worth about $30,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Mondelez International during the fourth quarter worth approximately $31,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in Mondelez International in the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Down 0.3%

MDLZ opened at $66.15 on Monday. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06. The business’s 50 day moving average is $66.43 and its two-hundred day moving average is $63.38. The firm has a market cap of $85.65 billion, a price-to-earnings ratio of 19.34, a price-to-earnings-growth ratio of 4.34 and a beta of 0.48.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share (EPS) 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 business had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.37 billion. During the same period last year, the firm posted $0.93 earnings per share. The company’s revenue for the quarter was up .2% compared to the same quarter last year. On average, research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be paid a $0.47 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.88 dividend on an annualized basis and a yield of 2.84%. Mondelez International’s dividend payout ratio is presently 69.89%.

Analyst Ratings Changes

Several research firms have commented on MDLZ. Barclays boosted their price target on shares of Mondelez International from $71.00 to $74.00 and gave the stock an “overweight” rating in a report on Thursday, May 1st. Wells Fargo & Company lifted their price objective on shares of Mondelez International from $64.00 to $68.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 2nd. UBS Group increased their target price on Mondelez International from $60.00 to $69.00 and gave the company a “neutral” rating in a report on Thursday, April 17th. DA Davidson cut Mondelez International from a “buy” rating to a “neutral” rating and raised their price target for the company from $66.00 to $68.00 in a research note on Thursday, April 24th. Finally, Argus cut Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. One analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and an average target price of $70.11.

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.