FIL Ltd Purchases 5,383 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

FIL Ltd lifted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 93.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,137 shares of the company's stock after purchasing an additional 5,383 shares during the period. FIL Ltd's holdings in Mondelez International were worth $665,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. ICICI Prudential Asset Management Co Ltd lifted its holdings in Mondelez International by 430.0% during the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 92,413 shares of the company's stock valued at $5,520,000 after purchasing an additional 74,975 shares during the last quarter. Czech National Bank raised its holdings in Mondelez International by 6.5% during the 4th quarter. Czech National Bank now owns 289,931 shares of the company's stock valued at $17,318,000 after acquiring an additional 17,815 shares during the period. Buckingham Capital Management Inc. boosted its holdings in shares of Mondelez International by 25.5% in the fourth quarter. Buckingham Capital Management Inc. now owns 93,394 shares of the company's stock worth $5,578,000 after acquiring an additional 18,961 shares during the period. Legacy Private Trust Co. raised its stake in shares of Mondelez International by 33.2% during the 4th quarter. Legacy Private Trust Co. now owns 3,841 shares of the company's stock valued at $229,000 after purchasing an additional 957 shares during the period. Finally, Kennedy Investment Group bought a new position in Mondelez International in the 4th quarter worth about $313,000. 78.32% of the stock is owned by institutional investors.

Mondelez International Price Performance

Shares of MDLZ stock traded up $0.84 during trading hours on Friday, hitting $67.32. The stock had a trading volume of 10,777,611 shares, compared to its average volume of 8,030,557. The stock's 50-day moving average price is $65.11 and its two-hundred day moving average price is $64.06. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. The stock 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 debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48.

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 (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%. Equities analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

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 was Monday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 2.79%. Mondelez International's dividend payout ratio (DPR) is 54.97%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on MDLZ shares. Citigroup cut their price objective on shares of Mondelez International from $78.00 to $71.00 and set a "buy" rating for the company in a research report on Wednesday, January 8th. UBS Group raised their price target on Mondelez International from $60.00 to $69.00 and gave the company a "neutral" rating in a report on Thursday. Argus downgraded shares of Mondelez International from a "buy" rating to a "hold" rating in a research note on Friday, February 21st. DZ Bank cut shares of Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 price objective on the stock. in a research report on Friday, February 7th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Mondelez International from $67.00 to $62.00 and set a "hold" rating for the company in a research note on Wednesday, January 22nd. One investment 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. Based on data from MarketBeat.com, Mondelez International currently has an average rating of "Moderate Buy" and an average target price of $70.80.

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.