Mondelez International, Inc. (NASDAQ:MDLZ) Shares Purchased by NBC Securities Inc.

NBC Securities Inc. boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 8.0% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 13,629 shares of the company’s stock after acquiring an additional 1,006 shares during the quarter. NBC Securities Inc.’s holdings in Mondelez International were worth $954,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Murphy Middleton Hinkle & Parker Inc. raised its holdings in Mondelez International by 3.9% in the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,651 shares of the company’s stock valued at $264,000 after acquiring an additional 136 shares in the last quarter. Cobblestone Asset Management LLC raised its holdings in Mondelez International by 2.8% in the fourth quarter. Cobblestone Asset Management LLC now owns 4,982 shares of the company’s stock valued at $361,000 after acquiring an additional 138 shares in the last quarter. Graypoint LLC raised its holdings in Mondelez International by 1.1% in the fourth quarter. Graypoint LLC now owns 12,281 shares of the company’s stock valued at $890,000 after acquiring an additional 138 shares in the last quarter. Guyasuta Investment Advisors Inc. increased its stake in Mondelez International by 0.8% in the fourth quarter. Guyasuta Investment Advisors Inc. now owns 16,461 shares of the company’s stock valued at $1,192,000 after purchasing an additional 138 shares during the last quarter. Finally, Rossmore Private Capital increased its stake in Mondelez International by 0.3% in the fourth quarter. Rossmore Private Capital now owns 50,047 shares of the company’s stock valued at $3,625,000 after purchasing an additional 139 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of several recent analyst reports. Citigroup dropped their price target on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research note on Thursday, April 11th. Evercore ISI dropped their price target on shares of Mondelez International from $80.00 to $79.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 4th. Barclays dropped their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Sanford C. Bernstein increased their price target on shares of Mondelez International from $88.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday, May 1st. Finally, TD Cowen dropped their price target on shares of Mondelez International from $83.00 to $79.00 and set a “buy” rating on the stock in a research note on Thursday, June 6th. One equities research analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $80.22.

View Our Latest Research Report on Mondelez International

Mondelez International Price Performance

Mondelez International stock traded up $0.09 during midday trading on Wednesday, reaching $66.17. The company’s stock had a trading volume of 3,795,054 shares, compared to its average volume of 5,137,691. Mondelez International, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $77.20. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.63 and a current ratio of 0.77. The stock’s 50 day simple moving average is $68.89 and its 200 day simple moving average is $71.06. The firm has a market capitalization of $88.76 billion, a PE ratio of 21.01, a P/E/G ratio of 2.53 and a beta of 0.54.

Mondelez International (NASDAQ:MDLZGet Free Report) last released its earnings results on Tuesday, April 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The company had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.16 billion. During the same quarter last year, the company earned $0.89 earnings per share. Mondelez International’s quarterly revenue was up 1.4% compared to the same quarter last year. On average, equities research analysts forecast that Mondelez International, Inc. will post 3.49 earnings per share for the current year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 12th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 2.57%. The ex-dividend date is Friday, June 28th. Mondelez International’s dividend payout ratio (DPR) is presently 53.97%.

About Mondelez International

(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.

Further Reading

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

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