Mondelez International, Inc. (NASDAQ:MDLZ) Stock Position Raised by Shelton Capital Management

Shelton Capital Management raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 13.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 311,305 shares of the company's stock after purchasing an additional 37,933 shares during the period. Shelton Capital Management's holdings in Mondelez International were worth $18,594,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. ICICI Prudential Asset Management Co Ltd lifted its position in shares of Mondelez International by 430.0% in the 4th quarter. ICICI Prudential Asset Management Co Ltd now owns 92,413 shares of the company's stock worth $5,520,000 after buying an additional 74,975 shares during the last quarter. Czech National Bank raised its stake in Mondelez International by 6.5% during the fourth quarter. Czech National Bank now owns 289,931 shares of the company's stock worth $17,318,000 after acquiring an additional 17,815 shares during the period. Buckingham Capital Management Inc. lifted its holdings in 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 last quarter. Legacy Private Trust Co. boosted its stake in Mondelez International by 33.2% in the fourth quarter. Legacy Private Trust Co. now owns 3,841 shares of the company's stock valued at $229,000 after acquiring an additional 957 shares during the period. Finally, Kennedy Investment Group bought a new position in shares of Mondelez International during the fourth quarter valued at approximately $313,000. Institutional investors own 78.32% of the company's stock.

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Mondelez International Price Performance

Shares of MDLZ traded up $1.07 during mid-day trading on Friday, hitting $67.05. The company's stock had a trading volume of 8,840,632 shares, compared to its average volume of 8,046,489. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48. The firm has a 50-day moving average price of $64.38 and a 200 day moving average price of $64.18. 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 capitalization of $86.73 billion, a price-to-earnings ratio of 19.61, a PEG ratio of 4.34 and a beta of 0.47.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share (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%. On average, research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.80%. The ex-dividend date of this dividend is Monday, March 31st. Mondelez International's dividend payout ratio is 54.97%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on MDLZ shares. DZ Bank lowered Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 price objective for the company. in a research report on Friday, February 7th. Mizuho upped their price target 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. Wells Fargo & Company increased their price objective on shares of Mondelez International from $64.00 to $68.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 2nd. Piper Sandler boosted their target price on shares of Mondelez International from $59.00 to $64.00 and gave the company a "neutral" rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Mondelez International from $67.00 to $62.00 and set a "hold" rating on the stock in a research note on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $70.50.

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.