XTX Topco Ltd Invests $352,000 in Mondelez International, Inc. (NASDAQ:MDLZ)

XTX Topco Ltd purchased a new position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,892 shares of the company's stock, valued at approximately $352,000.

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on MDLZ. Citigroup lowered their price objective on shares of Mondelez International from $78.00 to $71.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Evercore ISI upped their price target on Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft decreased their price objective on Mondelez International from $67.00 to $62.00 and set a "hold" rating for the company in a research report on Wednesday, January 22nd. Jefferies Financial Group downgraded Mondelez International from a "buy" rating to a "hold" rating and dropped their target price for the company from $75.00 to $62.00 in a report on Tuesday, January 21st. Finally, Piper Sandler raised their price target on shares of Mondelez International from $59.00 to $64.00 and gave the stock a "neutral" rating in a report on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $69.70.

Mondelez International Stock Up 0.1 %

Shares of NASDAQ:MDLZ traded up $0.07 on Friday, reaching $65.59. The company had a trading volume of 6,451,382 shares, compared to its average volume of 7,914,439. The stock has a market capitalization of $84.84 billion, a P/E ratio of 19.18, a P/E/G ratio of 4.34 and a beta of 0.47. The stock has a 50-day moving average price of $65.85 and a 200 day moving average price of $63.81. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. On average, equities analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Monday, March 31st were paid a $0.47 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a yield of 2.87%. Mondelez International's payout ratio is presently 54.97%.

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.