Mondelez International, Inc. (NASDAQ:MDLZ) Shares Bought by CreativeOne Wealth LLC

CreativeOne Wealth LLC grew its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,714 shares of the company’s stock after purchasing an additional 215 shares during the quarter. CreativeOne Wealth LLC’s holdings in Mondelez International were worth $341,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Bogart Wealth LLC increased its position in shares of Mondelez International by 63.9% in the 4th quarter. Bogart Wealth LLC now owns 359 shares of the company’s stock valued at $26,000 after acquiring an additional 140 shares during the period. First Command Advisory Services Inc. acquired a new stake in shares of Mondelez International during the third quarter worth about $29,000. HHM Wealth Advisors LLC purchased a new stake in Mondelez International in the fourth quarter valued at approximately $29,000. Orion Capital Management LLC acquired a new position in Mondelez International in the 3rd quarter worth approximately $35,000. Finally, Private Wealth Management Group LLC purchased a new position in Mondelez International during the 4th quarter worth approximately $54,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Trading Down 0.8 %

Shares of NASDAQ MDLZ traded down $0.55 during mid-day trading on Friday, reaching $68.30. 3,723,574 shares of the company’s stock were exchanged, compared to its average volume of 6,363,477. The company’s 50-day moving average is $69.81 and its 200-day moving average is $71.42. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market capitalization of $91.61 billion, a price-to-earnings ratio of 21.68, a PEG ratio of 2.55 and a beta of 0.55. Mondelez International, Inc. has a 52-week low of $60.75 and a 52-week high of $77.20.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The business had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.16 billion. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The business’s revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.89 EPS. Analysts expect that Mondelez International, Inc. will post 3.5 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 2.49%. The ex-dividend date is Friday, June 28th. Mondelez International’s dividend payout ratio is currently 53.97%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on MDLZ shares. Citigroup cut their price objective 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. StockNews.com lowered Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Sanford C. Bernstein boosted their price target on Mondelez International from $88.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. JPMorgan Chase & Co. lowered their price objective on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Finally, Barclays cut their target price on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a report on Friday, April 12th. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.75.

Mondelez International 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.