Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by IFM Investors Pty Ltd

IFM Investors Pty Ltd raised its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 9.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 267,976 shares of the company's stock after acquiring an additional 23,862 shares during the quarter. IFM Investors Pty Ltd's holdings in Mondelez International were worth $19,742,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. GF Fund Management CO. LTD. grew its position in Mondelez International by 1.8% in the first quarter. GF Fund Management CO. LTD. now owns 258,086 shares of the company's stock valued at $17,511,000 after acquiring an additional 4,658 shares in the last quarter. Aurora Private Wealth Inc. acquired a new stake in Mondelez International in the first quarter valued at approximately $1,601,000. Davidson Trust Co. grew its position in Mondelez International by 11.9% in the first quarter. Davidson Trust Co. now owns 4,232 shares of the company's stock valued at $287,000 after acquiring an additional 450 shares in the last quarter. Checchi Capital Advisers LLC boosted its stake in shares of Mondelez International by 1.0% during the 1st quarter. Checchi Capital Advisers LLC now owns 15,959 shares of the company's stock valued at $1,083,000 after buying an additional 160 shares during the last quarter. Finally, North Capital Inc. purchased a new position in shares of Mondelez International during the 1st quarter valued at approximately $31,000. Institutional investors and hedge funds own 78.32% of the company's stock.

Mondelez International Stock Performance

MDLZ stock traded down $0.17 during mid-day trading on Monday, reaching $68.82. The company had a trading volume of 7,325,283 shares, compared to its average volume of 8,085,467. The company has a quick ratio of 0.40, a current ratio of 0.61 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $89.11 billion, a P/E ratio of 25.58, a P/E/G ratio of 5.35 and a beta of 0.48. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. The stock's 50-day simple moving average is $66.91 and its two-hundred day simple moving average is $64.03.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share (EPS) 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 analysts' expectations of $9.37 billion. Mondelez International had a return on equity of 15.94% and a net margin of 9.90%. The firm's quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the business posted $0.93 earnings per share. Research analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date is Monday, June 30th. Mondelez International's payout ratio is 69.89%.

Analysts Set New Price Targets

MDLZ has been the subject of several research analyst reports. Piper Sandler increased their target price on Mondelez International from $59.00 to $64.00 and gave the company a "neutral" rating in a research note on Wednesday, April 9th. DA Davidson cut Mondelez International from a "buy" rating to a "neutral" rating and increased their target price for the company from $66.00 to $68.00 in a research note on Thursday, April 24th. Evercore ISI increased their target price on Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. Barclays increased their target price on Mondelez International from $71.00 to $74.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Finally, UBS Group increased their target price on Mondelez International from $60.00 to $69.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $70.63.

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.