2,025 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Acquired by Register Financial Advisors LLC

Register Financial Advisors LLC purchased a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,025 shares of the company’s stock, valued at approximately $142,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. DekaBank Deutsche Girozentrale increased its position in Mondelez International by 5.1% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 2,480,235 shares of the company’s stock worth $179,520,000 after purchasing an additional 120,665 shares during the last quarter. Handelsinvest Investeringsforvaltning purchased a new stake in Mondelez International during the fourth quarter worth approximately $1,650,000. SageView Advisory Group LLC purchased a new stake in Mondelez International during the fourth quarter worth approximately $907,000. AGF Management Ltd. grew its stake in Mondelez International by 32.9% during the fourth quarter. AGF Management Ltd. now owns 1,735,233 shares of the company’s stock worth $125,683,000 after buying an additional 429,936 shares during the period. Finally, Signature Estate & Investment Advisors LLC grew its stake in Mondelez International by 4.7% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 38,518 shares of the company’s stock worth $2,789,000 after buying an additional 1,713 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Down 1.7 %

NASDAQ MDLZ opened at $65.44 on Friday. Mondelez International, Inc. has a 12 month low of $60.75 and a 12 month high of $77.20. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.63. The company has a market capitalization of $87.78 billion, a price-to-earnings ratio of 20.77, a price-to-earnings-growth ratio of 2.55 and a beta of 0.54. The company’s fifty day moving average price is $68.89 and its two-hundred day moving average price is $70.81.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data 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 net margin of 11.87% and a return on equity of 16.11%. The firm had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.16 billion. During the same period in the prior year, the firm posted $0.89 EPS. The firm’s revenue was up 1.4% compared to the same quarter last year. As a group, research analysts predict that Mondelez International, Inc. will post 3.49 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 12th. Stockholders of record on Friday, June 28th will be given a $0.425 dividend. The ex-dividend date is Friday, June 28th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.60%. Mondelez International’s payout ratio is currently 53.97%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. TD Cowen decreased their price objective on shares of Mondelez International from $83.00 to $79.00 and set a “buy” rating for the company in a research note on Thursday, June 6th. 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. Evercore ISI decreased their price objective on shares of Mondelez International from $80.00 to $79.00 and set an “outperform” rating for the company in a research note on Tuesday, June 4th. Wells Fargo & Company decreased their price objective on shares of Mondelez International from $80.00 to $76.00 and set an “overweight” rating for the company in a research note on Tuesday, June 4th. Finally, Sanford C. Bernstein upped their target price 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. One research analyst has rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $80.22.

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.