Defined Financial Planning LLC Takes Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Defined Financial Planning LLC acquired a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,035 shares of the company's stock, valued at approximately $301,000.

A number of other hedge funds have also recently modified their holdings of the company. Marshall Investment Management LLC purchased a new position in shares of Mondelez International in the fourth quarter valued at approximately $26,000. Hager Investment Management Services LLC acquired a new stake in shares of Mondelez International in the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Mondelez International during the fourth quarter worth about $31,000. McClarren Financial Advisors Inc. acquired a new position in Mondelez International during the 4th quarter worth approximately $32,000. Finally, Sierra Ocean LLC purchased a new position in Mondelez International in the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 78.32% of the company's stock.

Analysts Set New Price Targets

MDLZ has been the subject of a number of research reports. Stifel Nicolaus reduced their price target on shares of Mondelez International from $82.00 to $70.00 and set a "buy" rating for the company in a research report on Friday, January 24th. Wells Fargo & Company raised their price objective on shares of Mondelez International from $64.00 to $68.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 2nd. Barclays cut their price target on shares of Mondelez International from $69.00 to $63.00 and set an "overweight" rating for the company in a report on Thursday, February 6th. JPMorgan Chase & Co. boosted their target price on Mondelez International from $64.00 to $74.00 and gave the stock an "overweight" rating in a research report on Friday, April 11th. Finally, Morgan Stanley began coverage on shares of Mondelez International in a research report on Monday, March 24th. They issued an "overweight" rating and a $69.00 price target on the stock. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $70.80.

Mondelez International Stock Up 1.3 %

Shares of Mondelez International stock traded up $0.84 on Friday, reaching $67.32. 10,777,611 shares of the company were exchanged, compared to its average volume of 8,030,557. The company has a market capitalization of $87.08 billion, a price-to-earnings ratio of 19.68, a PEG ratio of 4.34 and a beta of 0.47. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The company has a 50-day moving average of $65.11 and a 200 day moving average of $64.06. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its earnings results on Tuesday, February 4th. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. On average, equities research analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date of this dividend was Monday, March 31st. Mondelez International's payout ratio is 54.97%.

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.