Mondelez International, Inc. (NASDAQ:MDLZ) Shares Bought by RFG Advisory LLC

RFG Advisory LLC grew its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 10.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,992 shares of the company’s stock after purchasing an additional 487 shares during the period. RFG Advisory LLC’s holdings in Mondelez International were worth $349,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of MDLZ. Mutual Advisors LLC lifted its holdings in shares of Mondelez International by 3.6% during the 3rd quarter. Mutual Advisors LLC now owns 10,592 shares of the company’s stock valued at $735,000 after acquiring an additional 364 shares in the last quarter. Mather Group LLC. boosted its position in shares of Mondelez International by 7.4% in the third quarter. Mather Group LLC. now owns 17,512 shares of the company’s stock worth $1,215,000 after buying an additional 1,212 shares during the period. Treasurer of the State of North Carolina grew its stake in shares of Mondelez International by 0.4% in the third quarter. Treasurer of the State of North Carolina now owns 615,082 shares of the company’s stock valued at $42,687,000 after buying an additional 2,270 shares in the last quarter. Synovus Financial Corp raised its holdings in shares of Mondelez International by 1.4% during the 3rd quarter. Synovus Financial Corp now owns 231,636 shares of the company’s stock valued at $16,076,000 after buying an additional 3,297 shares during the period. Finally, Private Advisory Group LLC lifted its position in Mondelez International by 22.8% during the 3rd quarter. Private Advisory Group LLC now owns 48,071 shares of the company’s stock worth $3,336,000 after acquiring an additional 8,935 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

MDLZ has been the subject of several recent research reports. JPMorgan Chase & Co. lowered their price objective 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. Wells Fargo & Company dropped their price target on shares of Mondelez International from $80.00 to $76.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 4th. Citigroup decreased their price objective on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research report on Thursday, April 11th. TD Cowen dropped their target price on Mondelez International from $83.00 to $79.00 and set a “buy” rating on the stock in a research report on Thursday, June 6th. Finally, Sanford C. Bernstein increased their price target on Mondelez International from $88.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. One analyst has rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. According to data from MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.22.

Mondelez International Trading Down 0.8 %

NASDAQ MDLZ opened at $67.85 on Wednesday. The firm has a market capitalization of $91.01 billion, a PE ratio of 21.54, a price-to-earnings-growth ratio of 2.55 and a beta of 0.55. Mondelez International, Inc. has a one year low of $60.75 and a one year high of $77.20. The company has a 50-day simple moving average of $68.95 and a 200-day simple moving average of $70.91. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.63 and a current ratio of 0.77.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. The company had revenue of $9.29 billion during 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%. The business’s revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.89 earnings per share. On average, equities analysts forecast that Mondelez International, Inc. will post 3.49 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend is Friday, June 28th. Mondelez International’s payout ratio is 53.97%.

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.