PFG Investments LLC Has $469,000 Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

PFG Investments LLC raised its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 27.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,470 shares of the company’s stock after purchasing an additional 1,378 shares during the period. PFG Investments LLC’s holdings in Mondelez International were worth $469,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. 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 valued at $71,000 after purchasing an additional 140 shares during the period. Johnson & White Wealth Management LLC raised its position in shares of Mondelez International by 3.2% in the 4th quarter. Johnson & White Wealth Management LLC now owns 4,520 shares of the company’s stock valued at $327,000 after acquiring an additional 141 shares during the period. Hancock Whitney Corp raised its position in shares of Mondelez International by 2.6% in the 1st quarter. Hancock Whitney Corp now owns 5,553 shares of the company’s stock valued at $388,000 after acquiring an additional 143 shares during the period. Oak Hill Wealth Advisors LLC raised its position in shares of Mondelez International by 5.0% in the 3rd quarter. Oak Hill Wealth Advisors LLC now owns 3,130 shares of the company’s stock valued at $217,000 after acquiring an additional 149 shares during the period. Finally, Prentice Wealth Management LLC raised its position in shares of Mondelez International by 3.3% in the 4th quarter. Prentice Wealth Management LLC now owns 4,729 shares of the company’s stock valued at $343,000 after acquiring an additional 153 shares during the period. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $70.10 on Thursday. The firm has a 50-day moving average of $73.03 and a 200-day moving average of $70.80. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.43 and a current ratio of 0.62. The stock has a market cap of $95.40 billion, a PE ratio of 19.31, a P/E/G ratio of 2.38 and a beta of 0.57. Mondelez International, Inc. has a 52-week low of $60.75 and a 52-week high of $78.59.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. The company had revenue of $9.31 billion during the quarter, compared to analysts’ expectations of $9.31 billion. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. Mondelez International’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.73 EPS. On average, sell-side analysts anticipate that Mondelez International, Inc. will post 3.52 EPS for the current year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 2.43%. The ex-dividend date is Wednesday, March 27th. Mondelez International’s dividend payout ratio is currently 46.83%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MDLZ. Barclays increased their price target on shares of Mondelez International from $79.00 to $80.00 and gave the company an “overweight” rating in a research report on Tuesday, January 16th. Stifel Nicolaus increased their price target on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. DA Davidson began coverage on Mondelez International in a research note on Friday, December 8th. They set a “buy” rating and a $83.00 target price for the company. Finally, Citigroup began coverage on Mondelez International in a research note on Thursday, February 1st. They set a “buy” rating and a $87.00 target price for the company. One analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $81.37.

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.