BNP Paribas Purchases 10,162 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

BNP Paribas lifted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 8.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,359 shares of the company's stock after acquiring an additional 10,162 shares during the quarter. BNP Paribas' holdings in Mondelez International were worth $7,771,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in MDLZ. Marshall Investment Management LLC purchased a new position in shares of Mondelez International in the 4th quarter worth $26,000. Hager Investment Management Services LLC purchased a new stake in Mondelez International during the 4th quarter worth $27,000. Transce3nd LLC acquired a new stake in Mondelez International in the 4th quarter valued at $30,000. Kohmann Bosshard Financial Services LLC purchased a new position in Mondelez International in the fourth quarter valued at about $31,000. Finally, Sierra Ocean LLC acquired a new position in Mondelez International during the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 78.32% of the company's stock.

Mondelez International Stock Down 0.6 %

Shares of NASDAQ MDLZ traded down $0.41 during mid-day trading on Friday, reaching $66.81. The company had a trading volume of 2,845,547 shares, compared to its average volume of 7,904,246. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06. The stock's 50 day moving average is $66.39 and its 200-day moving average is $63.62. 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 stock has a market capitalization of $86.42 billion, a PE ratio of 19.54, a price-to-earnings-growth ratio of 4.34 and a beta of 0.50.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.07. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The firm had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.37 billion. During the same quarter last year, the firm earned $0.93 earnings per share. The company's revenue for the quarter was up .2% on a year-over-year basis. As a group, equities analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The business 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. The ex-dividend date was Monday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 2.81%. Mondelez International's dividend payout ratio (DPR) is presently 69.89%.

Analysts Set New Price Targets

A number of equities analysts have commented on MDLZ shares. Barclays boosted their price objective on shares of Mondelez International from $71.00 to $74.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. DA Davidson downgraded shares of Mondelez International from a "buy" rating to a "neutral" rating and lifted their price objective for the stock from $66.00 to $68.00 in a report on Thursday, April 24th. Stifel Nicolaus raised their price target on Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Evercore ISI boosted their target price on shares of Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. Finally, Dbs Bank cut shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 7th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $70.55.

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.