62,691 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Purchased by Aurdan Capital Management LLC

Aurdan Capital Management LLC purchased a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 62,691 shares of the company's stock, valued at approximately $3,745,000. Mondelez International makes up approximately 1.4% of Aurdan Capital Management LLC's investment portfolio, making the stock its 24th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Glass Jacobson Investment Advisors llc increased its holdings in shares of Mondelez International by 6.7% in 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 period. First Horizon Advisors Inc. boosted its stake in shares of Mondelez International by 1.8% during 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 increased its position in Mondelez International by 1.7% during the 4th quarter. Core Alternative Capital now owns 11,448 shares of the company's stock worth $684,000 after purchasing an additional 187 shares in the last quarter. Waldron Private Wealth LLC raised its stake in Mondelez International by 1.0% in the 4th quarter. Waldron Private Wealth LLC now owns 19,496 shares of the company's stock valued at $1,164,000 after purchasing an additional 191 shares during the last quarter. Finally, 44 Wealth Management LLC lifted its holdings in Mondelez International by 2.6% in the 4th quarter. 44 Wealth Management LLC now owns 7,645 shares of the company's stock valued at $457,000 after purchasing an additional 191 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on MDLZ shares. The Goldman Sachs Group decreased their price target on shares of Mondelez International from $68.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. Argus lowered Mondelez International from a "buy" rating to a "hold" rating in a report on Friday, February 21st. DZ Bank downgraded Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 price objective on the stock. in a research note on Friday, February 7th. DA Davidson cut shares of Mondelez International from a "buy" rating to a "neutral" rating and raised their target price for the stock from $66.00 to $68.00 in a report on Thursday, April 24th. Finally, Evercore ISI boosted their price target on shares of Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a report on Wednesday, April 23rd. One 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. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $70.55.

Mondelez International Stock Performance

Shares of MDLZ traded up $0.19 during trading hours on Friday, hitting $67.66. The stock had a trading volume of 1,872,892 shares, compared to its average volume of 7,994,835. The firm has a market capitalization of $87.60 billion, a price-to-earnings ratio of 19.77, a PEG ratio of 4.34 and a beta of 0.50. The firm has a 50-day moving average price of $66.44 and a 200 day moving average price of $63.32. 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, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $76.06.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced 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 net margin of 12.68% and a return on equity of 16.75%. The company had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. During the same quarter last year, the firm posted $0.93 earnings per share. Mondelez International's revenue was up .2% compared to the same quarter last year. As a group, research analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be given a $0.47 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.88 dividend on an annualized basis and a yield of 2.78%. Mondelez International's dividend payout ratio (DPR) 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.