Advisory Alpha LLC Has $458,000 Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Advisory Alpha LLC boosted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 17.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,000 shares of the company’s stock after buying an additional 1,045 shares during the quarter. Advisory Alpha LLC’s holdings in Mondelez International were worth $458,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Gotham Asset Management LLC boosted its stake in Mondelez International by 10.4% in the fourth quarter. Gotham Asset Management LLC now owns 174,831 shares of the company’s stock valued at $12,663,000 after buying an additional 16,450 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Mondelez International during the first quarter valued at about $1,686,000. Schroder Investment Management Group boosted its stake in shares of Mondelez International by 35.1% during the fourth quarter. Schroder Investment Management Group now owns 649,046 shares of the company’s stock valued at $47,010,000 after purchasing an additional 168,639 shares in the last quarter. Alaska Permanent Fund Corp boosted its stake in shares of Mondelez International by 76.4% during the first quarter. Alaska Permanent Fund Corp now owns 63,202 shares of the company’s stock valued at $4,424,000 after purchasing an additional 27,370 shares in the last quarter. Finally, GLOBALT Investments LLC GA acquired a new stake in shares of Mondelez International during the fourth quarter valued at about $5,290,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MDLZ. JPMorgan Chase & Co. lifted their price target on Mondelez International from $72.00 to $73.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. Stifel Nicolaus cut their price target on Mondelez International from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Tuesday, July 23rd. DA Davidson cut their price target on Mondelez International from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday, July 31st. Evercore ISI raised their price objective on Mondelez International from $79.00 to $85.00 and gave the stock an “outperform” rating in a research report on Thursday, September 26th. Finally, TD Cowen lowered their price objective on Mondelez International from $83.00 to $79.00 and set a “buy” rating for the company in a research report on Thursday, June 6th. One research analyst has rated the stock with a hold rating and seventeen have given a buy rating to the stock. According to MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and a consensus price target of $78.65.

Mondelez International Trading Down 0.9 %

Shares of MDLZ stock opened at $72.99 on Wednesday. The company has a market cap of $97.91 billion, a P/E ratio of 23.17, a PEG ratio of 3.02 and a beta of 0.54. The stock has a 50 day simple moving average of $71.75 and a two-hundred day simple moving average of $69.56. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.50 and a current ratio of 0.68. Mondelez International, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $77.20.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, July 30th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.07. The business had revenue of $8.34 billion during the quarter, compared to the consensus estimate of $8.45 billion. Mondelez International had a return on equity of 16.69% and a net margin of 10.97%. The firm’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.76 earnings per share. Research analysts forecast that Mondelez International, Inc. will post 3.49 earnings per share for the current year.

Mondelez International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 14th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.47 per share. This is an increase from Mondelez International’s previous quarterly dividend of $0.43. The ex-dividend date is Monday, September 30th. This represents a $1.88 annualized dividend and a dividend yield of 2.58%. Mondelez International’s payout ratio is currently 59.68%.

About Mondelez International

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.