Ally Financial Inc. Takes Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Ally Financial Inc. acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 53,000 shares of the company's stock, valued at approximately $3,166,000.

Several other large investors also recently modified their holdings of MDLZ. Marshall Investment Management LLC bought a new position in shares of Mondelez International in the fourth quarter valued at $26,000. Hager Investment Management Services LLC bought a new position in Mondelez International in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Mondelez International in the 4th quarter valued at about $31,000. McClarren Financial Advisors Inc. acquired a new position in Mondelez International during the 4th quarter valued at about $32,000. Finally, Sierra Ocean LLC bought a new stake in Mondelez International during the 4th quarter worth approximately $32,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Stock Performance

Shares of MDLZ traded up $0.86 during trading hours on Tuesday, hitting $68.62. The stock had a trading volume of 1,491,596 shares, compared to its average volume of 7,988,789. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The stock has a fifty day moving average price of $65.40 and a 200 day moving average price of $63.88. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48. The firm has a market capitalization of $88.76 billion, a PE ratio of 20.06, a PEG ratio of 4.34 and a beta of 0.47.

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

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Monday, March 31st were given a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 2.74%. The ex-dividend date was Monday, March 31st. Mondelez International's dividend payout ratio is presently 54.97%.

Wall Street Analyst Weigh In

MDLZ has been the subject of several recent research reports. Royal Bank of Canada decreased their price target on Mondelez International from $75.00 to $69.00 and set an "outperform" rating for the company in a report on Thursday, February 6th. UBS Group upped their target price on shares of Mondelez International from $60.00 to $69.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. Deutsche Bank Aktiengesellschaft dropped 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. DZ Bank downgraded shares of Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 price objective for the company. in a research report on Friday, February 7th. Finally, Barclays dropped their target price on shares of Mondelez International from $69.00 to $63.00 and set an "overweight" rating on the stock in a research report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $70.80.

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.