Bokf Na Has $1.66 Million Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

BOKF NA cut its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 17.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,417 shares of the company's stock after selling 6,303 shares during the period. BOKF NA's holdings in Mondelez International were worth $1,655,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of MDLZ. Principal Financial Group Inc. increased its stake in shares of Mondelez International by 5.6% during the 3rd quarter. Principal Financial Group Inc. now owns 1,567,067 shares of the company's stock worth $115,446,000 after purchasing an additional 82,742 shares during the last quarter. Douglas Lane & Associates LLC increased its stake in shares of Mondelez International by 1.4% during the 4th quarter. Douglas Lane & Associates LLC now owns 14,130 shares of the company's stock worth $844,000 after purchasing an additional 198 shares during the last quarter. Legacy Private Trust Co. grew its stake in Mondelez International by 33.2% in the 4th quarter. Legacy Private Trust Co. now owns 3,841 shares of the company's stock valued at $229,000 after buying an additional 957 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV grew its stake in Mondelez International by 5.8% in the 4th quarter. Hudson Valley Investment Advisors Inc. ADV now owns 61,504 shares of the company's stock valued at $3,674,000 after buying an additional 3,377 shares during the last quarter. Finally, Fortitude Family Office LLC grew its stake in Mondelez International by 12.2% in the 4th quarter. Fortitude Family Office LLC now owns 1,856 shares of the company's stock valued at $111,000 after buying an additional 202 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MDLZ. Wells Fargo & Company upped their price target on shares of Mondelez International from $64.00 to $68.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 2nd. Mizuho upped their price target on shares of Mondelez International from $64.00 to $70.00 and gave the company an "outperform" rating in a research note on Friday, February 14th. Jefferies Financial Group lowered shares of Mondelez International from a "buy" rating to a "hold" rating and decreased their price target for the company from $75.00 to $62.00 in a research note on Tuesday, January 21st. The Goldman Sachs Group decreased their price target on shares of Mondelez International from $68.00 to $60.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Finally, Barclays upped their price target on shares of Mondelez International from $71.00 to $74.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. 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 company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $70.55.

Mondelez International Price Performance

Shares of Mondelez International stock traded down $0.85 on Friday, reaching $66.37. 5,135,787 shares of the stock were exchanged, compared to its average volume of 7,934,199. The firm's 50 day moving average is $66.41 and its 200-day moving average is $63.49. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. 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 $85.94 billion, a PE ratio of 19.41, a P/E/G 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 EPS for the quarter, beating the consensus estimate of $0.67 by $0.07. The business had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.37 billion. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The firm's revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.93 EPS. As a group, analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Monday, March 31st were paid a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend was Monday, March 31st. Mondelez International's payout ratio is 69.89%.

Mondelez International Company 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.