Farther Finance Advisors LLC Purchases 3,879 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Farther Finance Advisors LLC lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 32.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,926 shares of the company's stock after purchasing an additional 3,879 shares during the period. Farther Finance Advisors LLC's holdings in Mondelez International were worth $1,077,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Glass Jacobson Investment Advisors llc grew its position in shares of Mondelez International by 6.7% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company's stock valued at $160,000 after buying an additional 168 shares during the last quarter. First Horizon Advisors Inc. grew its stake in shares of Mondelez International by 1.8% in the 4th quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company's stock valued at $627,000 after buying an additional 181 shares in the last quarter. 44 Wealth Management LLC boosted its stake in shares of Mondelez International by 2.6% during the 4th quarter. 44 Wealth Management LLC now owns 7,645 shares of the company's stock worth $457,000 after acquiring an additional 191 shares in the last quarter. Baker Avenue Asset Management LP raised its holdings in Mondelez International by 4.2% in the 4th quarter. Baker Avenue Asset Management LP now owns 4,763 shares of the company's stock worth $284,000 after acquiring an additional 193 shares during the period. Finally, Manchester Capital Management LLC boosted its position in shares of Mondelez International by 2.5% in the fourth quarter. Manchester Capital Management LLC now owns 8,035 shares of the company's stock valued at $480,000 after acquiring an additional 195 shares during the period. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus boosted 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. UBS Group lifted their price objective on shares of Mondelez International from $60.00 to $69.00 and gave the stock a "neutral" rating in a research report on Thursday, April 17th. DA Davidson lowered Mondelez International from a "buy" rating to a "neutral" rating and raised their price objective for the stock from $66.00 to $68.00 in a research note on Thursday, April 24th. Morgan Stanley increased their target price 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. Finally, Evercore ISI increased their price objective on Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a report on Wednesday, April 23rd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, Mondelez International presently has a consensus rating of "Moderate Buy" and a consensus price target of $70.11.

Mondelez International Price Performance

NASDAQ MDLZ traded down $1.19 on Friday, reaching $66.93. 6,528,752 shares of the stock traded hands, compared to its average volume of 8,042,434. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The company has a market cap of $86.66 billion, a price-to-earnings ratio of 19.57, a P/E/G ratio of 4.34 and a beta of 0.48. The firm's fifty day simple moving average is $66.50 and its 200 day simple moving average is $63.47. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.07. The firm had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The company's revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the company earned $0.93 EPS. As a group, research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be paid a dividend of $0.47 per share. The ex-dividend date is Monday, June 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.81%. Mondelez International's dividend payout ratio (DPR) is presently 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.