Chancellor Financial Group WB LP Acquires Shares of 7,501 Mondelez International, Inc. (NASDAQ:MDLZ)

Chancellor Financial Group WB LP bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 7,501 shares of the company's stock, valued at approximately $448,000.

Other large investors have also recently bought and sold shares of the company. Marshall Investment Management LLC bought a new stake in Mondelez International in the fourth quarter worth approximately $26,000. Hager Investment Management Services LLC bought a new stake in Mondelez International in the fourth quarter worth approximately $27,000. Transce3nd LLC bought a new stake in Mondelez International in the fourth quarter worth approximately $30,000. Orion Capital Management LLC bought a new stake in Mondelez International in the fourth quarter worth approximately $30,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Mondelez International in the fourth quarter worth approximately $31,000. 78.32% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on MDLZ shares. Argus cut Mondelez International from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. The Goldman Sachs Group cut their target price on Mondelez International from $68.00 to $60.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Barclays lifted their target price on Mondelez International from $71.00 to $74.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. JPMorgan Chase & Co. lifted their target price on Mondelez International from $64.00 to $74.00 and gave the company an "overweight" rating in a research report on Friday, April 11th. Finally, Evercore ISI lifted their target price on Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a research report on Wednesday, April 23rd. One 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $70.55.

Mondelez International Stock Up 0.2%

Mondelez International stock traded up $0.14 during mid-day trading on Friday, reaching $67.61. 12,140,762 shares of the company were exchanged, compared to its average volume of 8,044,273. The business has a fifty day moving average of $66.44 and a 200 day moving average 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. The firm has a market cap of $87.54 billion, a P/E ratio of 19.77, a PEG ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its 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. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The firm had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.37 billion. During the same period in the prior year, the firm earned $0.93 EPS. The firm's revenue was up .2% on a year-over-year basis. Research analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International's payout ratio is currently 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.