Larson Financial Group LLC Grows Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Larson Financial Group LLC raised its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 25.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,552 shares of the company’s stock after buying an additional 311 shares during the period. Larson Financial Group LLC’s holdings in Mondelez International were worth $112,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MDLZ. Impact Partnership Wealth LLC increased its stake in shares of Mondelez International by 1,865.6% during the third quarter. Impact Partnership Wealth LLC now owns 629 shares of the company’s stock worth $44,000 after purchasing an additional 597 shares in the last quarter. Stewart & Patten Co. LLC grew its stake in Mondelez International by 1.0% during the 3rd quarter. Stewart & Patten Co. LLC now owns 242,687 shares of the company’s stock valued at $16,842,000 after acquiring an additional 2,340 shares in the last quarter. Handelsbanken Fonder AB grew its stake in Mondelez International by 1.7% during the 3rd quarter. Handelsbanken Fonder AB now owns 562,138 shares of the company’s stock valued at $39,012,000 after acquiring an additional 9,529 shares in the last quarter. Jmac Enterprises LLC grew its stake in Mondelez International by 75.8% during the 3rd quarter. Jmac Enterprises LLC now owns 8,821 shares of the company’s stock valued at $612,000 after acquiring an additional 3,802 shares in the last quarter. Finally, Connecticut Wealth Management LLC grew its stake in Mondelez International by 117.2% during the 3rd quarter. Connecticut Wealth Management LLC now owns 9,406 shares of the company’s stock valued at $653,000 after acquiring an additional 5,075 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Mondelez International stock opened at $70.80 on Friday. Mondelez International, Inc. has a 52-week low of $60.75 and a 52-week high of $78.59. The company’s 50 day moving average is $70.48 and its two-hundred day moving average is $70.57. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60. The firm has a market cap of $95.33 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 2.48 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The company had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.31 billion. During the same period in the prior year, the firm posted $0.73 EPS. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. On average, research analysts expect that Mondelez International, Inc. will post 3.52 EPS for the current fiscal year.

Mondelez International Dividend Announcement

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

Analyst Ratings Changes

MDLZ has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, January 18th. Citigroup decreased their target price on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a report on Thursday, April 11th. JPMorgan Chase & Co. decreased their target price on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Barclays decreased their target price 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. Finally, StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. One research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average 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.