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

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

Other hedge funds also recently bought and sold shares of the company. Checchi Capital Advisers LLC boosted its holdings in Mondelez International by 1.0% in the 1st quarter. Checchi Capital Advisers LLC now owns 15,959 shares of the company's stock worth $1,083,000 after acquiring an additional 160 shares during the period. Glass Jacobson Investment Advisors llc boosted its holdings in Mondelez International by 6.7% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company's stock worth $160,000 after acquiring an additional 168 shares during the period. Sound Income Strategies LLC boosted its holdings in Mondelez International by 11.1% in the 1st quarter. Sound Income Strategies LLC now owns 1,688 shares of the company's stock worth $115,000 after acquiring an additional 168 shares during the period. Baker Avenue Asset Management LP boosted 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, City Holding Co. boosted its holdings in Mondelez International by 28.0% in the 1st quarter. City Holding Co. now owns 896 shares of the company's stock worth $61,000 after acquiring an additional 196 shares during the period. Institutional investors and hedge funds own 78.32% of the company's stock.

Mondelez International Stock Performance

Shares of MDLZ stock traded down $0.55 on Friday, hitting $69.02. 3,342,865 shares of the stock traded hands, compared to its average volume of 8,080,877. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.61 and a quick ratio of 0.40. The company has a market capitalization of $89.36 billion, a PE ratio of 25.66, a PEG ratio of 5.35 and a beta of 0.48. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06. The company's fifty day moving average is $66.91 and its 200 day moving average is $63.97.

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

Mondelez International Dividend Announcement

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 2.72%. The ex-dividend date is Monday, June 30th. Mondelez International's dividend payout ratio is currently 69.89%.

Analyst Ratings Changes

A number of equities analysts have weighed in on MDLZ shares. Piper Sandler upped their price target on Mondelez International from $59.00 to $64.00 and gave the stock a "neutral" rating in a report on Wednesday, April 9th. 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. 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. Wells Fargo & Company upgraded Mondelez International from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $68.00 to $78.00 in a research note on Friday, June 20th. Finally, 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. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target 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.