Boyd Watterson Asset Management LLC OH Purchases 5,919 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Boyd Watterson Asset Management LLC OH raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 41.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,066 shares of the company's stock after buying an additional 5,919 shares during the quarter. Boyd Watterson Asset Management LLC OH's holdings in Mondelez International were worth $1,361,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Checchi Capital Advisers LLC grew its holdings in Mondelez International by 1.0% in the first quarter. Checchi Capital Advisers LLC now owns 15,959 shares of the company's stock valued at $1,083,000 after purchasing an additional 160 shares during the period. Glass Jacobson Investment Advisors llc grew its stake in shares of Mondelez International by 6.7% in the fourth 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 in the last quarter. Sound Income Strategies LLC lifted its position in Mondelez International by 11.1% during the 1st quarter. Sound Income Strategies LLC now owns 1,688 shares of the company's stock worth $115,000 after acquiring an additional 168 shares in the last quarter. Sage Private Wealth Group LLC boosted its stake in shares of Mondelez International by 3.7% in the first quarter. Sage Private Wealth Group LLC now owns 4,921 shares of the company's stock valued at $334,000 after purchasing an additional 175 shares during the period. Finally, Verus Financial Partners Inc. grew its stake in shares of Mondelez International by 3.7% during the first quarter. Verus Financial Partners Inc. now owns 5,067 shares of the company's stock valued at $340,000 after acquiring an additional 179 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Trading Up 0.0%

Shares of MDLZ traded up $0.01 during midday trading on Thursday, hitting $70.18. The stock had a trading volume of 6,015,137 shares, compared to its average volume of 9,051,058. The company has a current ratio of 0.61, a quick ratio of 0.40 and a debt-to-equity ratio of 0.61. The firm has a market cap of $90.87 billion, a P/E ratio of 26.09, a price-to-earnings-growth ratio of 5.33 and a beta of 0.48. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $76.06. The business has a 50-day simple moving average of $67.43 and a two-hundred day simple moving average of $64.75.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its quarterly earnings data 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. Mondelez International had a return on equity of 15.94% and a net margin of 9.90%. The firm had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.37 billion. During the same period in the prior year, the business earned $0.93 EPS. The business's revenue for the quarter was up .2% on a year-over-year basis. As a group, equities analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 14th. Investors of record on Monday, June 30th were paid a $0.47 dividend. The ex-dividend date was Monday, June 30th. This represents a $1.88 annualized dividend and a dividend yield of 2.68%. Mondelez International's payout ratio is 69.89%.

Wall Street Analyst Weigh In

MDLZ has been the subject of several research analyst reports. UBS Group increased their target price on Mondelez International from $69.00 to $72.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Barclays raised their price target on shares of Mondelez International from $71.00 to $74.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Morgan Stanley upped their price objective on Mondelez International from $69.00 to $72.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 30th. Evercore ISI increased their price objective on Mondelez International from $67.00 to $70.00 and gave the stock an "outperform" rating in a report on Wednesday, April 23rd. Finally, DA Davidson lowered shares of Mondelez International from a "buy" rating to a "neutral" rating and raised their price objective for the company from $66.00 to $68.00 in a research note on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $70.72.

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.