Banco Bilbao Vizcaya Argentaria S.A. Increases Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 33.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 279,289 shares of the company's stock after purchasing an additional 69,286 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Mondelez International were worth $16,724,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MDLZ. Marshall Investment Management LLC bought a new stake in Mondelez International during the fourth quarter valued at $26,000. Hager Investment Management Services LLC bought a new stake in shares of Mondelez International during the 4th quarter valued at about $27,000. Transce3nd LLC purchased a new position in shares of Mondelez International during the fourth quarter worth about $30,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Mondelez International in the fourth quarter worth approximately $31,000. Finally, McClarren Financial Advisors Inc. purchased a new position in Mondelez International in the 4th quarter worth approximately $32,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MDLZ has been the subject of a number of research reports. JPMorgan Chase & Co. upped their price objective on shares of Mondelez International from $64.00 to $74.00 and gave the company an "overweight" rating in a research note on Friday, April 11th. DZ Bank cut Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 price target on the stock. in a research note on Friday, February 7th. Argus lowered Mondelez International from a "buy" rating to a "hold" rating in a research note on Friday, February 21st. Citigroup lowered their price target on shares of Mondelez International from $78.00 to $71.00 and set a "buy" rating for the company in a report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Mondelez International from $67.00 to $62.00 and set a "hold" rating for the company in a research report on Wednesday, January 22nd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $69.70.

Mondelez International Stock Up 0.8 %

Shares of MDLZ stock traded up $0.55 on Tuesday, hitting $65.65. The stock had a trading volume of 8,121,598 shares, compared to its average volume of 10,414,359. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58. The business has a 50 day moving average price of $65.92 and a 200 day moving average price of $63.72. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. The company has a market cap of $84.92 billion, a PE ratio of 19.20, a P/E/G ratio of 4.34 and a beta of 0.47.

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

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.86%. Mondelez International's dividend payout ratio (DPR) is 54.97%.

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.