Boothbay Fund Management LLC Grows Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Boothbay Fund Management LLC increased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 31.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 115,137 shares of the company's stock after purchasing an additional 27,220 shares during the period. Boothbay Fund Management LLC's holdings in Mondelez International were worth $6,877,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Marshall Investment Management LLC acquired a new stake in Mondelez International during the 4th quarter worth $26,000. Hager Investment Management Services LLC acquired a new stake in Mondelez International during the 4th quarter worth $27,000. Transce3nd LLC acquired a new stake in Mondelez International during the 4th quarter worth $30,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Mondelez International in the 4th quarter worth $31,000. Finally, McClarren Financial Advisors Inc. purchased a new stake in shares of Mondelez International in the fourth quarter valued at about $32,000. Institutional investors and hedge funds own 78.32% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on MDLZ shares. Mizuho raised their price objective on shares of Mondelez International from $64.00 to $70.00 and gave the company an "outperform" rating in a research report on Friday, February 14th. Wells Fargo & Company upped their price objective on Mondelez International from $64.00 to $68.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 2nd. JPMorgan Chase & Co. raised their target price on Mondelez International from $64.00 to $74.00 and gave the company an "overweight" rating in a report on Friday, April 11th. Barclays lowered their price target on shares of Mondelez International from $69.00 to $63.00 and set an "overweight" rating on the stock in a research note on Thursday, February 6th. Finally, Dbs Bank downgraded shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $70.00.

Mondelez International Trading Up 3.8 %

NASDAQ MDLZ traded up $2.48 during trading hours on Wednesday, hitting $68.13. 15,848,740 shares of the company's stock were exchanged, compared to its average volume of 7,927,203. The business's 50 day moving average is $65.98 and its 200-day moving average is $63.74. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06. The firm has a market capitalization of $88.13 billion, a P/E ratio of 19.92, a price-to-earnings-growth ratio of 4.34 and a beta of 0.47. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.07. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The firm had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.37 billion. During the same period in the prior year, the business posted $0.93 earnings per share. The firm's revenue for the quarter was up .2% compared to the same quarter last year. As a group, analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Monday, March 31st were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.88 annualized dividend and a yield of 2.76%. Mondelez International's dividend payout ratio (DPR) 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.