5,312 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Acquired by James J. Burns & Company LLC

James J. Burns & Company LLC acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,312 shares of the company’s stock, valued at approximately $318,000.

A number of other hedge funds also recently made changes to their positions in MDLZ. State Street Corp increased its stake in Mondelez International by 3.2% during the 3rd quarter. State Street Corp now owns 60,151,987 shares of the company’s stock worth $4,459,239,000 after buying an additional 1,851,247 shares during the period. Geode Capital Management LLC grew its stake in shares of Mondelez International by 1.2% during the third quarter. Geode Capital Management LLC now owns 28,204,955 shares of the company’s stock valued at $2,069,906,000 after acquiring an additional 341,203 shares in the last quarter. FMR LLC increased its position in shares of Mondelez International by 14.2% during the third quarter. FMR LLC now owns 18,255,657 shares of the company’s stock worth $1,344,894,000 after acquiring an additional 2,268,639 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Mondelez International by 2.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 17,215,182 shares of the company’s stock worth $1,268,242,000 after acquiring an additional 489,068 shares in the last quarter. Finally, Mizuho Securities USA LLC boosted its holdings in Mondelez International by 12,057.4% in the third quarter. Mizuho Securities USA LLC now owns 12,574,000 shares of the company’s stock valued at $926,327,000 after purchasing an additional 12,470,573 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

MDLZ has been the topic of a number of recent analyst reports. The Goldman Sachs Group cut their target price on Mondelez International from $79.00 to $68.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Citigroup reduced their price objective on shares of Mondelez International from $78.00 to $71.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Bank of America boosted their target price on shares of Mondelez International from $80.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating on the stock in a research report on Wednesday, January 22nd. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $75.00 price objective on shares of Mondelez International in a report on Thursday, January 30th. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $72.76.

Mondelez International Price Performance

Shares of MDLZ opened at $57.41 on Tuesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.42 and a current ratio of 0.63. The firm has a market cap of $76.77 billion, a PE ratio of 20.36, a PEG ratio of 3.12 and a beta of 0.54. The firm’s 50 day moving average price is $60.09 and its 200 day moving average price is $66.67. Mondelez International, Inc. has a twelve month low of $55.97 and a twelve month high of $76.69.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.88 annualized dividend and a yield of 3.27%. Mondelez International’s dividend payout ratio (DPR) is currently 66.67%.

Mondelez International announced that its board has authorized a stock buyback program on Wednesday, December 11th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 10.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its shares are undervalued.

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.