Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC boosted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 18.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 440,190 shares of the company's stock after acquiring an additional 68,457 shares during the period. Grantham Mayo Van Otterloo & Co. LLC's holdings in Mondelez International were worth $26,293,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MDLZ. Aviva PLC lifted its holdings in shares of Mondelez International by 29.4% in the 4th quarter. Aviva PLC now owns 968,795 shares of the company's stock valued at $57,866,000 after purchasing an additional 220,044 shares during the last quarter. Resona Asset Management Co. Ltd. purchased a new stake in Mondelez International in the fourth quarter valued at approximately $25,357,000. Prudential PLC purchased a new stake in Mondelez International in the fourth quarter valued at approximately $282,000. Landscape Capital Management L.L.C. purchased a new position in shares of Mondelez International during the fourth quarter worth approximately $868,000. Finally, Resolute Advisors LLC grew its position in Mondelez International by 38.0% during the 4th quarter. Resolute Advisors LLC now owns 4,003 shares of the company's stock worth $241,000 after purchasing an additional 1,102 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company's stock.

Wall Street Analyst Weigh In

MDLZ has been the subject of several analyst reports. DZ Bank cut Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 price target for the company. in a research note on Friday, February 7th. The Goldman Sachs Group cut their price objective on shares of Mondelez International from $68.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. Stifel Nicolaus dropped their price target on shares of Mondelez International from $82.00 to $70.00 and set a "buy" rating on the stock in a research note on Friday, January 24th. Dbs Bank downgraded shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 7th. Finally, Barclays lowered their price objective on Mondelez International from $69.00 to $63.00 and set an "overweight" rating on the stock in a report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $70.50.

Mondelez International Price Performance

NASDAQ MDLZ traded up $1.31 during trading hours on Friday, reaching $67.29. The company's stock had a trading volume of 2,625,151 shares, compared to its average volume of 8,035,662. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68. The company's 50-day moving average is $64.16 and its two-hundred day moving average is $64.22. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $76.06. The stock has a market cap of $87.04 billion, a PE ratio of 19.65, a PEG ratio of 4.34 and a beta of 0.47.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its quarterly 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 net margin of 12.68% and a return on equity of 16.75%. Analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

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

Mondelez International Company 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.