Fire Capital Management LLC Acquires Shares of 21,666 Mondelez International, Inc. (NASDAQ:MDLZ)

Fire Capital Management LLC acquired a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,666 shares of the company's stock, valued at approximately $1,294,000.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on MDLZ shares. Evercore ISI upped their price target on Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a research report on Wednesday, April 23rd. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $69.00 price objective on shares of Mondelez International in a research note on Monday, April 28th. The Goldman Sachs Group dropped their target price on shares of Mondelez International from $68.00 to $60.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Stifel Nicolaus boosted their price objective on Mondelez International from $70.00 to $73.00 and gave the company a "buy" rating in a research note on Wednesday, April 30th. Finally, Argus downgraded Mondelez International from a "buy" rating to a "hold" rating in a report on Friday, February 21st. One analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $70.55.

Mondelez International Stock Down 0.5%

MDLZ traded down $0.33 during trading on Monday, hitting $67.16. 1,628,087 shares of the company's stock were exchanged, compared to its average volume of 8,019,166. The stock has a market cap of $86.96 billion, a P/E ratio of 19.63, a PEG ratio of 4.34 and a beta of 0.50. The business's 50 day moving average is $66.50 and its two-hundred day moving average is $63.30. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $76.06. 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 announced its quarterly earnings results 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 analysts' expectations of $9.37 billion. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The firm's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.93 EPS. As a group, equities analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.88 annualized dividend and a dividend yield of 2.80%. Mondelez International's payout ratio is 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.