6,385 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Acquired by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 6,385 shares of the company's stock, valued at approximately $419,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Checchi Capital Advisers LLC boosted its holdings in Mondelez International by 1.0% during the first quarter. Checchi Capital Advisers LLC now owns 15,959 shares of the company's stock worth $1,083,000 after buying an additional 160 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its holdings in Mondelez International by 6.7% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company's stock worth $160,000 after buying an additional 168 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in Mondelez International by 11.1% during the first quarter. Sound Income Strategies LLC now owns 1,688 shares of the company's stock worth $115,000 after buying an additional 168 shares in the last quarter. Sage Private Wealth Group LLC boosted its holdings in Mondelez International by 3.7% during the first quarter. Sage Private Wealth Group LLC now owns 4,921 shares of the company's stock worth $334,000 after buying an additional 175 shares in the last quarter. Finally, Baker Avenue Asset Management LP boosted its holdings in Mondelez International by 4.2% during the fourth quarter. Baker Avenue Asset Management LP now owns 4,763 shares of the company's stock worth $284,000 after buying an additional 193 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company's stock.

Mondelez International Trading Up 0.0%

Shares of NASDAQ:MDLZ traded up $0.01 during trading on Friday, reaching $69.81. The stock had a trading volume of 10,412,195 shares, compared to its average volume of 8,085,978. The business has a fifty day moving average price of $67.03 and a 200-day moving average price of $64.47. The company has a quick ratio of 0.40, a current ratio of 0.61 and a debt-to-equity ratio of 0.61. The stock has a market cap of $90.39 billion, a P/E ratio of 25.95, a PEG ratio of 5.23 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.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.07. Mondelez International had a net margin of 9.90% and a return on equity of 15.94%. The business had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. During the same quarter in the previous year, the business posted $0.93 earnings per share. The company's revenue was up .2% on a year-over-year basis. As a group, analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 14th. Investors of record on Monday, June 30th were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend was Monday, June 30th. Mondelez International's dividend payout ratio (DPR) is 69.89%.

Analysts Set New Price Targets

A number of analysts recently commented on MDLZ shares. Piper Sandler boosted their price objective on shares of Mondelez International from $59.00 to $64.00 and gave the stock a "neutral" rating in a report on Wednesday, April 9th. Stifel Nicolaus upped their price target on shares of Mondelez International from $70.00 to $73.00 and gave the company a "buy" rating in a report on Wednesday, April 30th. DA Davidson downgraded shares of Mondelez International from a "buy" rating to a "neutral" rating and upped their price target for the company from $66.00 to $68.00 in a report on Thursday, April 24th. Evercore ISI upped 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. Finally, JPMorgan Chase & Co. upped their price target on shares of Mondelez International from $64.00 to $74.00 and gave the company an "overweight" rating in a report on Friday, April 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Mondelez International presently has a consensus rating of "Moderate Buy" and an average price target 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.