Mondelez International, Inc. (NASDAQ:MDLZ) Shares Purchased by Keel Point LLC

Keel Point LLC increased its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 18.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,624 shares of the company’s stock after purchasing an additional 555 shares during the period. Keel Point LLC’s holdings in Mondelez International were worth $262,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of MDLZ. Murphy Middleton Hinkle & Parker Inc. lifted its stake in shares of Mondelez International by 3.9% during the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,651 shares of the company’s stock worth $264,000 after buying an additional 136 shares during the period. Cobblestone Asset Management LLC raised its stake in Mondelez International by 2.8% in the 4th quarter. Cobblestone Asset Management LLC now owns 4,982 shares of the company’s stock worth $361,000 after acquiring an additional 138 shares during the last quarter. Graypoint LLC lifted its position in Mondelez International by 1.1% during the 4th quarter. Graypoint LLC now owns 12,281 shares of the company’s stock worth $890,000 after acquiring an additional 138 shares during the period. Beacon Capital Management LLC lifted its position in Mondelez International by 15.9% during the 4th quarter. Beacon Capital Management LLC now owns 1,019 shares of the company’s stock worth $71,000 after acquiring an additional 140 shares during the period. Finally, Clear Harbor Asset Management LLC grew its stake in Mondelez International by 1.9% during the 4th quarter. Clear Harbor Asset Management LLC now owns 7,632 shares of the company’s stock valued at $553,000 after purchasing an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on MDLZ shares. Stifel Nicolaus raised their price objective on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. JPMorgan Chase & Co. reduced their price target on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Barclays decreased their price objective on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, January 18th. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $80.89.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $65.98 on Wednesday. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 52 week low of $60.75 and a 52 week high of $78.59. The stock’s 50-day moving average price is $71.02 and its 200-day moving average price is $70.50. The stock has a market capitalization of $88.84 billion, a PE ratio of 18.18, a price-to-earnings-growth ratio of 2.29 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.78 by $0.06. The company had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.31 billion. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. Mondelez International’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period last year, the company earned $0.73 earnings per share. As a group, equities analysts expect that Mondelez International, Inc. will post 3.52 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 2.58%. The ex-dividend date of this dividend was Wednesday, March 27th. Mondelez International’s payout ratio is presently 46.83%.

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.