Mondelez International, Inc. (NASDAQ:MDLZ) Shares Bought by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd grew its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 11.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 11,959 shares of the company’s stock after purchasing an additional 1,253 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Mondelez International were worth $850,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of MDLZ. Murphy Middleton Hinkle & Parker Inc. grew its position in Mondelez International by 3.9% during the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,651 shares of the company’s stock worth $264,000 after acquiring an additional 136 shares during the last quarter. Cobblestone Asset Management LLC grew its position in Mondelez International by 2.8% during the 4th quarter. Cobblestone Asset Management LLC now owns 4,982 shares of the company’s stock worth $361,000 after acquiring an additional 138 shares during the last quarter. Graypoint LLC boosted its position in Mondelez International by 1.1% in the 4th quarter. Graypoint LLC now owns 12,281 shares of the company’s stock valued at $890,000 after buying an additional 138 shares during the last quarter. Beacon Capital Management LLC boosted its position in Mondelez International by 15.9% in the 4th quarter. Beacon Capital Management LLC now owns 1,019 shares of the company’s stock valued at $71,000 after buying an additional 140 shares during the last quarter. Finally, Clear Harbor Asset Management LLC boosted its position in Mondelez International by 1.9% in the 4th quarter. Clear Harbor Asset Management LLC now owns 7,632 shares of the company’s stock valued at $553,000 after buying an additional 140 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Price Performance

MDLZ traded up $1.34 during trading on Tuesday, hitting $70.75. 15,793,320 shares of the stock traded hands, compared to its average volume of 7,773,232. Mondelez International, Inc. has a twelve month low of $60.75 and a twelve month high of $78.59. The company has a market cap of $95.26 billion, a price-to-earnings ratio of 19.49, a PEG ratio of 2.37 and a beta of 0.56. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.62 and a quick ratio of 0.43. The business has a 50 day moving average price of $70.50 and a 200 day moving average price of $70.56.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.78 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The business had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.31 billion. During the same period in the previous year, the business earned $0.73 earnings per share. The company’s revenue was up 7.1% on a year-over-year basis. Equities research analysts forecast that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were paid a $0.425 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 annualized dividend and a dividend yield of 2.40%. Mondelez International’s dividend payout ratio is 46.83%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on MDLZ. Stifel Nicolaus raised their price objective on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. StockNews.com downgraded Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Citigroup dropped their price target on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research note on Thursday, April 11th. Deutsche Bank Aktiengesellschaft lifted their price target on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, January 18th. Finally, Barclays decreased their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a report on Friday, April 12th. One equities research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and a consensus target price of $80.89.

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.