5,478 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Acquired by Callan Capital LLC

Callan Capital LLC purchased a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,478 shares of the company's stock, valued at approximately $372,000.

Several other large investors have also recently added to or reduced their stakes in the company. Amundi grew its position in shares of Mondelez International by 20.1% in the fourth quarter. Amundi now owns 2,856,534 shares of the company's stock valued at $166,507,000 after purchasing an additional 478,225 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its position in Mondelez International by 15.0% during the first quarter. Kingswood Wealth Advisors LLC now owns 7,768 shares of the company's stock worth $527,000 after acquiring an additional 1,013 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Mondelez International by 0.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 457,774 shares of the company's stock worth $27,343,000 after acquiring an additional 4,121 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in Mondelez International by 23.6% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 44,786 shares of the company's stock worth $3,039,000 after acquiring an additional 8,544 shares during the last quarter. Finally, Flagship Harbor Advisors LLC boosted its position in Mondelez International by 58.2% during the first quarter. Flagship Harbor Advisors LLC now owns 10,883 shares of the company's stock worth $738,000 after acquiring an additional 4,002 shares during the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Piper Sandler raised their target price 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. JPMorgan Chase & Co. increased their price target on shares of Mondelez International from $64.00 to $74.00 and gave the stock an "overweight" rating in a research note on Friday, April 11th. Royal Bank Of Canada reissued an "outperform" rating and issued a $69.00 target price on shares of Mondelez International in a research note on Monday, April 28th. Evercore ISI raised their target price on shares of Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. Finally, Morgan Stanley raised their target price on shares of Mondelez International from $69.00 to $72.00 and gave the company an "overweight" rating in a research note on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Mondelez International presently has a consensus rating of "Moderate Buy" and a consensus target price of $70.63.

Mondelez International Stock Performance

NASDAQ:MDLZ traded up $0.03 during mid-day trading on Friday, hitting $67.18. The stock had a trading volume of 6,171,071 shares, compared to its average volume of 8,101,576. The stock has a market capitalization of $86.99 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 5.20 and a beta of 0.48. The company has a 50 day simple moving average of $66.99 and a 200-day simple moving average of $64.25. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06. The company has a current ratio of 0.61, a quick ratio of 0.40 and a debt-to-equity ratio of 0.61.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 earnings per share 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 the consensus estimate of $9.37 billion. Mondelez International had a net margin of 9.90% and a return on equity of 15.94%. Mondelez International's quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the firm posted $0.93 EPS. On average, research analysts expect 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 will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.80%. Mondelez International's dividend payout ratio (DPR) is 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.