3,977 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Acquired by Pacific Point Advisors LLC

Pacific Point Advisors LLC bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,977 shares of the company's stock, valued at approximately $223,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Glass Jacobson Investment Advisors llc grew its stake 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 buying an additional 168 shares during the period. First Horizon Advisors Inc. boosted its holdings in Mondelez International by 1.8% in the fourth 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. Core Alternative Capital grew its position in Mondelez International by 1.7% during the fourth 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 period. Waldron Private Wealth LLC increased its stake in Mondelez International by 1.0% during the fourth quarter. Waldron Private Wealth LLC now owns 19,496 shares of the company's stock worth $1,164,000 after acquiring an additional 191 shares during the last quarter. Finally, 44 Wealth Management LLC increased its stake in Mondelez International by 2.6% during the fourth quarter. 44 Wealth Management LLC now owns 7,645 shares of the company's stock worth $457,000 after acquiring an additional 191 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company's stock.

Mondelez International Stock Performance

Shares of MDLZ opened at $65.49 on Friday. The firm has a market cap of $84.80 billion, a price-to-earnings ratio of 19.15, a PEG ratio of 4.34 and a beta of 0.50. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58. The business's 50 day moving average is $66.22 and its two-hundred day moving average is $63.32. Mondelez International, Inc. has a 52-week low of $53.95 and a 52-week high of $76.06.

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

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.87%. The ex-dividend date is Monday, June 30th. Mondelez International's dividend payout ratio is currently 69.89%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MDLZ. Morgan Stanley boosted their target price on Mondelez International from $69.00 to $72.00 and gave the stock an "overweight" rating in a report on Wednesday, April 30th. Mizuho lifted their price target 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. Piper Sandler increased their price objective on shares of Mondelez International from $59.00 to $64.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 9th. Wells Fargo & Company raised their target price 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. Finally, Dbs Bank cut shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, Mondelez International presently has a consensus 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.

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