Mondelez International, Inc. (NASDAQ:MDLZ) Shares Bought by Delta Investment Management LLC

Delta Investment Management LLC raised its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 13.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,275 shares of the company’s stock after acquiring an additional 642 shares during the period. Delta Investment Management LLC’s holdings in Mondelez International were worth $382,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of MDLZ. Carmel Capital Partners LLC acquired a new position in shares of Mondelez International in the 3rd quarter worth approximately $28,000. First Command Advisory Services Inc. acquired a new position in shares of Mondelez International in the 3rd quarter worth approximately $29,000. Orion Capital Management LLC acquired a new position in shares of Mondelez International in the 3rd quarter worth approximately $35,000. Legacy Financial Group LLC acquired a new position in shares of Mondelez International in the 3rd quarter worth approximately $45,000. Finally, Milestone Investment Advisors LLC acquired a new position in shares of Mondelez International in the 3rd quarter worth approximately $56,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Barclays decreased their price objective on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. Stifel Nicolaus upped their target price on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. Citigroup cut their target price 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. Finally, JPMorgan Chase & Co. cut their target price on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. One analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and an average target price of $80.89.

Mondelez International Stock Down 0.3 %

Shares of Mondelez International stock traded down $0.19 during trading hours on Friday, hitting $70.61. The company had a trading volume of 7,145,125 shares, compared to its average volume of 9,491,838. The company’s 50-day moving average is $70.45 and its two-hundred day moving average is $70.61. Mondelez International, Inc. has a twelve month low of $60.75 and a twelve month high of $78.59. 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 company has a market cap of $95.07 billion, a P/E ratio of 19.45, a price-to-earnings-growth ratio of 2.46 and a beta of 0.56.

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

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend was Wednesday, March 27th. Mondelez International’s dividend payout ratio is currently 46.83%.

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.