Great Valley Advisor Group Inc. Raises Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Great Valley Advisor Group Inc. boosted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 12.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,316 shares of the company's stock after purchasing an additional 19,036 shares during the quarter. Great Valley Advisor Group Inc.'s holdings in Mondelez International were worth $10,471,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in MDLZ. Marshall Investment Management LLC purchased a new stake in Mondelez International in the fourth quarter valued at about $26,000. Hager Investment Management Services LLC purchased a new position in shares of Mondelez International in the fourth quarter worth about $27,000. Transce3nd LLC purchased a new position in shares of Mondelez International in the fourth quarter worth about $30,000. Orion Capital Management LLC purchased a new position in shares of Mondelez International in the fourth quarter worth about $30,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Mondelez International in the fourth quarter worth about $31,000. Institutional investors own 78.32% of the company's stock.

Mondelez International Price Performance

MDLZ traded up $0.85 during trading on Thursday, hitting $67.47. The company's stock had a trading volume of 6,966,716 shares, compared to its average volume of 8,007,664. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06. The business's fifty day simple moving average is $66.39 and its 200 day simple moving average is $63.31. The firm has a market capitalization of $87.36 billion, a price-to-earnings ratio of 19.73, a P/E/G ratio of 4.34 and a beta of 0.50.

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, beating the consensus estimate of $0.67 by $0.07. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The company had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.37 billion. During the same period last year, the company earned $0.93 earnings per share. Mondelez International's quarterly revenue was up .2% compared to the same quarter last year. On average, equities research analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently declared 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. This represents a $1.88 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International's payout ratio is 69.89%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on MDLZ shares. Wells Fargo & Company raised their price objective on Mondelez International from $64.00 to $68.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 2nd. UBS Group raised their price objective on Mondelez International from $60.00 to $69.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. Argus cut Mondelez International from a "buy" rating to a "hold" rating in a research note on Friday, February 21st. DZ Bank cut Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 price objective for the company. in a research note on Friday, February 7th. Finally, Dbs Bank cut Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $70.55.

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.