DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Has $23.87 Million Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 39.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 399,673 shares of the company's stock after buying an additional 113,817 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in Mondelez International were worth $23,872,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Glass Jacobson Investment Advisors llc lifted its position in shares of Mondelez International by 6.7% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company's stock valued at $160,000 after acquiring an additional 168 shares during the last quarter. First Horizon Advisors Inc. lifted its position in shares of Mondelez International by 1.8% during the 4th quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company's stock valued at $627,000 after acquiring an additional 181 shares during the last quarter. Traphagen Investment Advisors LLC lifted its position in shares of Mondelez International by 0.8% during the 4th quarter. Traphagen Investment Advisors LLC now owns 23,619 shares of the company's stock valued at $1,411,000 after acquiring an additional 187 shares during the last quarter. Core Alternative Capital lifted its position in shares of Mondelez International by 1.7% during the 4th quarter. Core Alternative Capital now owns 11,448 shares of the company's stock valued at $684,000 after acquiring an additional 187 shares during the last quarter. Finally, Waldron Private Wealth LLC lifted its position in shares of Mondelez International by 1.0% during the 4th quarter. Waldron Private Wealth LLC now owns 19,496 shares of the company's stock valued at $1,164,000 after acquiring an additional 191 shares during the last quarter. Institutional investors own 78.32% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on MDLZ. Stifel Nicolaus increased their price objective on Mondelez International from $70.00 to $73.00 and gave the company a "buy" rating in a research report on Wednesday, April 30th. Royal Bank of Canada restated an "outperform" rating and issued a $69.00 target price on shares of Mondelez International in a report on Monday, April 28th. Wells Fargo & Company increased their target price on Mondelez International from $64.00 to $68.00 and gave the company an "equal weight" rating in a report on Wednesday, April 2nd. The Goldman Sachs Group lowered their price target on Mondelez International from $68.00 to $60.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Finally, JPMorgan Chase & Co. lifted their price target on Mondelez International from $64.00 to $74.00 and gave the company an "overweight" rating in a report on Friday, April 11th. 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 stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $70.55.

Mondelez International Stock Down 1.3%

Mondelez International stock traded down $0.85 during mid-day trading on Friday, hitting $66.37. 5,135,787 shares of the company's stock were exchanged, compared to its average volume of 7,934,199. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The stock has a market cap of $85.94 billion, a P/E ratio of 19.41, a P/E/G ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06. The stock has a 50 day moving average of $66.41 and a two-hundred day moving average of $63.49.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.07. The company had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.37 billion. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The firm's revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the company posted $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 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 of this dividend was Monday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 2.83%. Mondelez International's dividend payout ratio (DPR) is presently 69.89%.

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.