Stamos Capital Partners L.P. Buys 16,950 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Stamos Capital Partners L.P. increased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 51.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,160 shares of the company's stock after acquiring an additional 16,950 shares during the quarter. Stamos Capital Partners L.P.'s holdings in Mondelez International were worth $2,996,000 at the end of the most recent quarter.

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

Mondelez International Price Performance

Shares of Mondelez International stock traded up $0.84 on Friday, reaching $67.32. 10,777,611 shares of the stock were exchanged, compared to its average volume of 8,030,557. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. The firm's 50 day moving average is $65.11 and its 200-day moving average is $64.06. 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 firm has a market cap of $87.08 billion, a PE ratio of 19.68, a P/E/G ratio of 4.34 and a beta of 0.47.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its earnings results 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, analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date was Monday, March 31st. Mondelez International's payout ratio is 54.97%.

Analysts Set New Price Targets

A number of research analysts have weighed in on MDLZ shares. Dbs Bank lowered Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 7th. Jefferies Financial Group lowered shares of Mondelez International from a "buy" rating to a "hold" rating and dropped their price target for the stock from $75.00 to $62.00 in a research report on Tuesday, January 21st. UBS Group boosted their price objective on shares of Mondelez International from $60.00 to $69.00 and gave the stock a "neutral" rating in a research note on Thursday. Stifel Nicolaus lowered their price target on Mondelez International from $82.00 to $70.00 and set a "buy" rating on the stock in a research report on Friday, January 24th. Finally, Argus cut Mondelez International from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, Mondelez International currently has a consensus rating of "Moderate Buy" and an average price target 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.