Xponance Inc. Grows Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Xponance Inc. lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 8.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 180,734 shares of the company’s stock after buying an additional 13,500 shares during the period. Xponance Inc.’s holdings in Mondelez International were worth $13,091,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Tyler Stone Wealth Management purchased a new position in Mondelez International during the 2nd quarter valued at about $25,000. Retirement Group LLC purchased a new position in Mondelez International during the 4th quarter valued at about $25,000. Carmel Capital Partners LLC purchased a new position in Mondelez International during the 3rd quarter valued at about $28,000. First Command Advisory Services Inc. purchased a new position in Mondelez International during the 3rd quarter valued at about $29,000. Finally, Orion Capital Management LLC purchased a new position in Mondelez International during the 3rd quarter valued at about $35,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analyst Weigh In

MDLZ has been the topic of a number of research analyst reports. Barclays reduced their price target on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Stifel Nicolaus upped their target price on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Citigroup reduced their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a report on Thursday, April 11th. Deutsche Bank Aktiengesellschaft upped their target price on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. Finally, JPMorgan Chase & Co. reduced their target price on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and an average target price of $80.89.

Mondelez International Stock Down 0.0 %

Shares of MDLZ traded down $0.03 during mid-day trading on Friday, reaching $67.14. The company had a trading volume of 754,867 shares, compared to its average volume of 7,495,817. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.43 and a current ratio of 0.62. The firm has a 50-day moving average price of $70.71 and a 200 day moving average price of $70.45. Mondelez International, Inc. has a 52 week low of $60.75 and a 52 week high of $78.59. The company has a market capitalization of $90.40 billion, a price-to-earnings ratio of 18.50, a price-to-earnings-growth ratio of 2.31 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $9.31 billion. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.73 EPS. On average, sell-side analysts forecast that Mondelez International, Inc. will post 3.52 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were given a $0.425 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.70 annualized dividend and a yield of 2.53%. Mondelez International’s dividend payout ratio (DPR) is presently 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.