Czech National Bank Increases Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Czech National Bank raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 2.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 297,102 shares of the company's stock after acquiring an additional 7,171 shares during the quarter. Czech National Bank's holdings in Mondelez International were worth $20,158,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Marshall Investment Management LLC purchased a new stake in Mondelez International in the 4th quarter valued at $26,000. Hager Investment Management Services LLC purchased a new stake in Mondelez International in the 4th quarter valued at $27,000. Transce3nd LLC purchased a new stake in Mondelez International in the 4th quarter valued at $30,000. Orion Capital Management LLC acquired a new position in Mondelez International in the fourth quarter valued at about $30,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Mondelez International during the fourth quarter worth $31,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Trading Down 0.7%

Shares of Mondelez International stock traded down $0.48 on Thursday, hitting $66.15. 1,844,998 shares of the company traded hands, compared to its average volume of 8,007,864. The stock's 50 day moving average price is $66.49 and its 200-day moving average price is $63.37. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The company has a market cap of $85.65 billion, a PE ratio of 19.33, a PEG ratio of 4.34 and a beta of 0.48. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.67 by $0.07. The business had revenue of $9.31 billion for the quarter, compared to analysts' expectations of $9.37 billion. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The business's revenue was up .2% on a year-over-year basis. During the same quarter last year, the company earned $0.93 EPS. Equities research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.84%. The ex-dividend date is Monday, June 30th. Mondelez International's payout ratio is 69.89%.

Analysts Set New Price Targets

Several research firms recently commented on MDLZ. Morgan Stanley increased their target price on Mondelez International from $69.00 to $72.00 and gave the company an "overweight" rating in a report on Wednesday, April 30th. Dbs Bank cut shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 7th. Evercore ISI boosted their price target on Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a report on Wednesday, April 23rd. Stifel Nicolaus raised 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. Finally, Barclays lifted their target price on Mondelez International from $71.00 to $74.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $70.55.

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.