Cwm LLC Has $7.83 Million Position in Mondelez International, Inc. (NASDAQ:MDLZ)

CWM LLC boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 12.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 115,460 shares of the company's stock after purchasing an additional 12,482 shares during the quarter. CWM LLC's holdings in Mondelez International were worth $7,834,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of MDLZ. Abound Financial LLC acquired a new stake in shares of Mondelez International in the 1st quarter valued at about $25,000. Goodman Advisory Group LLC purchased a new position in shares of Mondelez International during the 1st quarter worth approximately $26,000. Transce3nd LLC purchased a new position in shares of Mondelez International during the 4th quarter worth approximately $30,000. Orion Capital Management LLC purchased a new position in shares of Mondelez International during the 4th quarter worth approximately $30,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its holdings in Mondelez International by 376.1% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 438 shares of the company's stock valued at $30,000 after buying an additional 346 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company's stock.

Mondelez International Price Performance

Mondelez International stock traded up $0.32 during trading hours on Friday, hitting $70.12. 1,866,315 shares of the stock were exchanged, compared to its average volume of 8,052,679. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.40 and a current ratio of 0.61. The stock has a market capitalization of $90.79 billion, a P/E ratio of 26.00, a P/E/G ratio of 5.23 and a beta of 0.48. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The business's 50-day moving average is $67.03 and its two-hundred day moving average is $64.47.

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 for the quarter, beating the consensus estimate of $0.67 by $0.07. The business had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.37 billion. Mondelez International had a net margin of 9.90% and a return on equity of 15.94%. Mondelez International's revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.93 earnings per share. Equities research analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on MDLZ. Stifel Nicolaus lifted their target price on Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a research report on Wednesday, April 30th. JPMorgan Chase & Co. boosted their price objective on Mondelez International from $64.00 to $74.00 and gave the stock an "overweight" rating in a research report on Friday, April 11th. Piper Sandler boosted their target price on Mondelez International from $59.00 to $64.00 and gave the stock a "neutral" rating in a report on Wednesday, April 9th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $69.00 price target on shares of Mondelez International in a report on Monday, April 28th. Finally, Wells Fargo & Company raised Mondelez International from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $68.00 to $78.00 in a report on Friday, June 20th. One equities research 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 company has an average rating of "Moderate Buy" and a consensus target price of $70.72.

Mondelez International 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.