Generali Investments Management Co LLC Has $1.81 Million Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Generali Investments Management Co LLC lifted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 24.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,700 shares of the company's stock after acquiring an additional 5,320 shares during the quarter. Generali Investments Management Co LLC's holdings in Mondelez International were worth $1,812,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Brighton Jones LLC raised its holdings in shares of Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company's stock worth $874,000 after acquiring an additional 7,025 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in shares of Mondelez International by 57.0% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 10,399 shares of the company's stock worth $621,000 after acquiring an additional 3,774 shares in the last quarter. Sargent Investment Group LLC raised its holdings in shares of Mondelez International by 19.2% during the fourth quarter. Sargent Investment Group LLC now owns 5,666 shares of the company's stock worth $318,000 after acquiring an additional 914 shares in the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of Mondelez International by 2.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 61,407 shares of the company's stock worth $3,668,000 after acquiring an additional 1,348 shares in the last quarter. Finally, Hager Investment Management Services LLC purchased a new stake in shares of Mondelez International during the fourth quarter worth $27,000. 78.32% of the stock is owned by institutional investors.

Mondelez International Stock Performance

MDLZ traded down $0.22 on Friday, hitting $66.15. 6,279,009 shares of the stock traded hands, compared to its average volume of 8,042,590. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06. 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 firm has a market capitalization of $85.65 billion, a PE ratio of 19.34, a P/E/G ratio of 4.34 and a beta of 0.48. The business has a fifty day moving average price of $66.43 and a two-hundred day moving average price of $63.40.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.07. The company had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.37 billion. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The company's quarterly revenue was up .2% on a year-over-year basis. During the same period in the previous year, the business earned $0.93 earnings per share. On average, 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. Shareholders of record on Monday, June 30th will be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International's payout ratio is 69.89%.

Analyst Ratings Changes

Several analysts recently issued reports on MDLZ shares. Royal Bank of Canada reiterated an "outperform" rating and set a $69.00 price objective on shares of Mondelez International in a report on Monday, April 28th. DA Davidson cut Mondelez International from a "buy" rating to a "neutral" rating and boosted their price target for the stock from $66.00 to $68.00 in a research report on Thursday, April 24th. UBS Group boosted their price target on Mondelez International from $60.00 to $69.00 and gave the stock a "neutral" rating in a research report on Thursday, April 17th. Morgan Stanley boosted their price target on Mondelez International from $69.00 to $72.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 30th. Finally, Wells Fargo & Company boosted their price target on Mondelez International from $64.00 to $68.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $70.11.

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.