Childress Capital Advisors LLC Acquires Shares of 5,796 Mondelez International, Inc. (NASDAQ:MDLZ)

Childress Capital Advisors LLC bought a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,796 shares of the company's stock, valued at approximately $393,000.

Several other large investors have also recently added to or reduced their stakes in MDLZ. Marshall Investment Management LLC acquired a new position in Mondelez International in the 4th quarter worth about $26,000. Orion Capital Management LLC bought a new stake in shares of Mondelez International in the 4th quarter valued at approximately $30,000. Transce3nd LLC acquired a new position in Mondelez International in the fourth quarter worth approximately $30,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Mondelez International in the fourth quarter valued at approximately $31,000. Finally, Coppell Advisory Solutions LLC grew its position in Mondelez International by 66.7% in the fourth quarter. Coppell Advisory Solutions LLC now owns 540 shares of the company's stock worth $32,000 after acquiring an additional 216 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on MDLZ shares. JPMorgan Chase & Co. upped their price target on 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 reiterated an "outperform" rating and set a $69.00 price target on shares of Mondelez International in a report on Monday, April 28th. Morgan Stanley upped their price objective on shares of Mondelez International from $69.00 to $72.00 and gave the stock an "overweight" rating in a report on Wednesday, April 30th. Piper Sandler raised their price target on Mondelez International from $59.00 to $64.00 and gave the company a "neutral" rating in a research report on Wednesday, April 9th. Finally, Stifel Nicolaus boosted their price objective on Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a research report on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $70.63.

Mondelez International Price Performance

NASDAQ:MDLZ traded down $1.15 during trading hours on Wednesday, reaching $67.28. The company had a trading volume of 5,383,660 shares, compared to its average volume of 8,048,709. 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 50-day moving average of $66.69 and a two-hundred day moving average of $63.63. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. The firm has a market capitalization of $87.11 billion, a PE ratio of 25.01, a PEG ratio of 5.30 and a beta of 0.48.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share (EPS) for the quarter, topping 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 analysts' expectations of $9.37 billion. The firm's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter last year, the company posted $0.93 EPS. Analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International's dividend 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.