Transamerica Financial Advisors Inc. Acquires 4,043 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Transamerica Financial Advisors Inc. increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 28.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,092 shares of the company's stock after purchasing an additional 4,043 shares during the quarter. Transamerica Financial Advisors Inc.'s holdings in Mondelez International were worth $1,081,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Marshall Investment Management LLC acquired a new position in Mondelez International in the fourth quarter worth approximately $26,000. Hager Investment Management Services LLC bought a new stake in Mondelez International in the fourth quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Mondelez International during the 4th quarter worth $31,000. McClarren Financial Advisors Inc. bought a new position in shares of Mondelez International during the 4th quarter valued at $32,000. Finally, Sierra Ocean LLC acquired a new stake in shares of Mondelez International in the 4th quarter valued at $32,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MDLZ has been the topic of several analyst reports. Mizuho increased their target price on shares of Mondelez International from $64.00 to $70.00 and gave the stock an "outperform" rating in a research report on Friday, February 14th. 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. The Goldman Sachs Group cut their price objective on Mondelez International from $68.00 to $60.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. DZ Bank cut Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 target price for the company. in a research report on Friday, February 7th. Finally, 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 report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat, Mondelez International has a consensus rating of "Moderate Buy" and a consensus price target of $70.20.

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Mondelez International Stock Performance

Shares of NASDAQ MDLZ traded down $1.52 during trading hours on Wednesday, reaching $66.13. The stock had a trading volume of 11,280,359 shares, compared to its average volume of 7,957,686. The company has a market cap of $85.54 billion, a price-to-earnings ratio of 19.34, a PEG ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06. The business's fifty day moving average is $62.65 and its two-hundred day moving average is $64.65. 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 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%. As a group, research analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be given a dividend of $0.47 per share. The ex-dividend date is Monday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 2.84%. Mondelez International's dividend payout ratio (DPR) is presently 54.97%.

Mondelez International announced that its board has authorized a stock buyback program on Wednesday, December 11th that permits the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization permits the company to buy up to 10.7% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its shares are undervalued.

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.