Cantor Fitzgerald Investment Advisors L.P. Has $15.34 Million Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Cantor Fitzgerald Investment Advisors L.P. boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 27.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 256,882 shares of the company’s stock after buying an additional 55,767 shares during the quarter. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Mondelez International were worth $15,344,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Truvestments Capital LLC acquired a new stake in shares of Mondelez International during the 3rd quarter worth about $25,000. Prospera Private Wealth LLC acquired a new stake in shares of Mondelez International during the third quarter worth approximately $27,000. Hager Investment Management Services LLC bought a new position in shares of Mondelez International in the fourth quarter valued at approximately $27,000. Richardson Financial Services Inc. boosted its holdings in shares of Mondelez International by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock worth $28,000 after acquiring an additional 200 shares in the last quarter. Finally, Highline Wealth Partners LLC bought a new stake in Mondelez International during the 3rd quarter worth approximately $38,000. 78.32% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on MDLZ shares. UBS Group cut their price objective on Mondelez International from $76.00 to $63.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. DZ Bank cut Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 price target for the company. in a report on Friday. Redburn Atlantic started coverage on shares of Mondelez International in a report on Tuesday, October 22nd. They set a “buy” rating and a $82.00 price objective on the stock. Jefferies Financial Group downgraded shares of Mondelez International from a “buy” rating to a “hold” rating and dropped their target price for the stock from $75.00 to $62.00 in a research note on Tuesday, January 21st. Finally, Piper Sandler cut shares of Mondelez International from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $70.00 to $63.00 in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $69.72.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $58.45 on Friday. The stock has a 50-day moving average of $59.47 and a 200-day moving average of $66.41. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. The stock has a market cap of $78.16 billion, a PE ratio of 17.09, a price-to-earnings-growth ratio of 4.04 and a beta of 0.54. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.42.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. As a group, sell-side analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were issued a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.88 annualized dividend and a dividend yield of 3.22%. Mondelez International’s dividend payout ratio (DPR) is currently 54.97%.

Mondelez International declared that its Board of Directors has initiated a stock buyback plan on Wednesday, December 11th that allows the company to repurchase $9.00 billion in shares. This repurchase authorization allows the company to repurchase up to 10.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

About Mondelez International

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.