Capital International Sarl Boosts Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Capital International Sarl grew its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 10.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 112,776 shares of the company's stock after buying an additional 10,374 shares during the quarter. Capital International Sarl's holdings in Mondelez International were worth $6,736,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MDLZ. Marshall Investment Management LLC bought a new stake in Mondelez International in the fourth quarter worth about $26,000. Hager Investment Management Services LLC bought a new position in Mondelez International in the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Mondelez International in the fourth quarter worth $31,000. McClarren Financial Advisors Inc. bought a new stake in shares of Mondelez International during the fourth quarter worth $32,000. Finally, Sierra Ocean LLC purchased a new stake in shares of Mondelez International during the fourth quarter valued at $32,000. Institutional investors own 78.32% of the company's stock.

Mondelez International Stock Performance

Shares of MDLZ traded down $0.86 during trading hours on Wednesday, hitting $67.43. The stock had a trading volume of 6,314,773 shares, compared to its average volume of 7,992,850. The firm has a 50-day moving average price of $65.54 and a 200 day moving average price of $63.91. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $76.06. The firm has a market capitalization of $87.23 billion, a price-to-earnings ratio of 19.72, a PEG ratio of 4.34 and a beta of 0.47. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued 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%. As a group, research analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, March 31st were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 2.79%. The ex-dividend date was Monday, March 31st. Mondelez International's payout ratio is currently 54.97%.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of several analyst reports. Evercore ISI lifted their target price on Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a research note on Wednesday. Argus cut shares of Mondelez International from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. Citigroup cut their price target on shares of Mondelez International from $78.00 to $71.00 and set a "buy" rating on the stock in a report on Wednesday, January 8th. Barclays decreased their price objective on Mondelez International from $69.00 to $63.00 and set an "overweight" rating for the company in a report on Thursday, February 6th. Finally, JPMorgan Chase & Co. upped their target price on Mondelez International from $64.00 to $74.00 and gave the company an "overweight" rating in a research report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, Mondelez International currently has an average rating of "Moderate Buy" and an average target price of $70.05.

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.