Cape Investment Advisory Inc. Increases Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Cape Investment Advisory Inc. raised its position in Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 68.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,853 shares of the company’s stock after buying an additional 750 shares during the period. Cape Investment Advisory Inc.’s holdings in Mondelez International were worth $134,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of MDLZ. Bogart Wealth LLC raised its holdings in Mondelez International by 63.9% in the 4th quarter. Bogart Wealth LLC now owns 359 shares of the company’s stock worth $26,000 after purchasing an additional 140 shares during the period. First Command Advisory Services Inc. acquired a new position in shares of Mondelez International during the 3rd quarter worth approximately $29,000. HHM Wealth Advisors LLC acquired a new stake in Mondelez International in the 4th quarter valued at $29,000. Orion Capital Management LLC acquired a new position in Mondelez International during the third quarter worth $35,000. Finally, Private Wealth Management Group LLC purchased a new position in Mondelez International during the fourth quarter valued at $54,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Down 0.8 %

NASDAQ MDLZ traded down $0.55 on Monday, reaching $68.30. The stock had a trading volume of 3,723,500 shares, compared to its average volume of 7,569,994. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 0.59. The stock has a fifty day moving average price of $69.81 and a two-hundred day moving average price of $71.46. Mondelez International, Inc. has a 12-month low of $60.75 and a 12-month high of $77.20. The firm has a market capitalization of $91.61 billion, a price-to-earnings ratio of 21.68, a P/E/G ratio of 2.53 and a beta of 0.55.

Mondelez International (NASDAQ:MDLZGet Free Report) last posted its earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. The firm had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.16 billion. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. Mondelez International’s revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.89 EPS. As a group, sell-side analysts forecast that Mondelez International, Inc. will post 3.5 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be issued a dividend of $0.425 per share. The ex-dividend date is Friday, June 28th. This represents a $1.70 dividend on an annualized basis and a yield of 2.49%. Mondelez International’s dividend payout ratio (DPR) is presently 53.97%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Sanford C. Bernstein boosted their target price on shares of Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Citigroup lowered their price target on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research note on Thursday, April 11th. JPMorgan Chase & Co. reduced their price objective on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. Finally, Barclays decreased their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $80.75.

Read Our Latest Report on Mondelez International

Mondelez International Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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