2,973 Shares in Mondelez International, Inc. $MDLZ Purchased by Swan Global Investments LLC

Swan Global Investments LLC bought a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,973 shares of the company’s stock, valued at approximately $200,000.

Other institutional investors have also recently bought and sold shares of the company. Abound Financial LLC bought a new stake in Mondelez International in the 1st quarter valued at about $25,000. Goodman Advisory Group LLC bought a new stake in Mondelez International in the 1st quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. boosted its holdings in Mondelez International by 376.1% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 438 shares of the company’s stock valued at $30,000 after purchasing an additional 346 shares during the period. North Capital Inc. bought a new stake in Mondelez International in the 1st quarter valued at about $31,000. Finally, Financial Connections Group Inc. bought a new stake in Mondelez International in the 2nd quarter valued at about $33,000. Institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

MDLZ has been the subject of a number of recent research reports. JPMorgan Chase & Co. cut their price objective on shares of Mondelez International from $75.00 to $74.00 and set an “overweight” rating for the company in a report on Friday. Berenberg Bank downgraded shares of Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 price objective for the company. in a report on Thursday, October 2nd. Jefferies Financial Group upgraded shares of Mondelez International from a “hold” rating to a “buy” rating and boosted their target price for the company from $66.00 to $78.00 in a research report on Thursday, July 17th. Stifel Nicolaus boosted their target price on shares of Mondelez International from $73.00 to $76.00 and gave the company a “buy” rating in a research report on Wednesday, July 30th. Finally, Wells Fargo & Company dropped their target price on shares of Mondelez International from $78.00 to $74.00 and set an “overweight” rating for the company in a research report on Thursday, September 25th. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Mondelez International has an average rating of “Moderate Buy” and an average price target of $70.84.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $62.46 on Monday. The firm has a 50 day moving average of $62.22 and a 200-day moving average of $65.24. The stock has a market capitalization of $80.82 billion, a PE ratio of 22.88, a PEG ratio of 5.58 and a beta of 0.45. The company has a current ratio of 0.64, a quick ratio of 0.39 and a debt-to-equity ratio of 0.69. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $71.82.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 11th. The company reported $0.66 earnings per share (EPS) for the quarter. The business had revenue of $7.30 billion during the quarter. Mondelez International had a net margin of 9.84% and a return on equity of 15.35%. On average, equities research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, September 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. This is a positive change from Mondelez International’s previous quarterly dividend of $0.47. Mondelez International’s dividend payout ratio is currently 73.26%.

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.