Jefferies Financial Group Inc. Invests $1.36 Million in Mondelez International, Inc. (NASDAQ:MDLZ)

Jefferies Financial Group Inc. bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 22,702 shares of the company's stock, valued at approximately $1,356,000.

Several other large investors also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Mondelez International by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 132,437,250 shares of the company's stock worth $7,910,477,000 after buying an additional 931,776 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of Mondelez International by 13.9% in the 4th quarter. Capital Research Global Investors now owns 37,529,511 shares of the company's stock valued at $2,241,637,000 after acquiring an additional 4,572,555 shares during the last quarter. Geode Capital Management LLC grew its position in Mondelez International by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 28,913,478 shares of the company's stock worth $1,721,954,000 after acquiring an additional 708,523 shares in the last quarter. Ameriprise Financial Inc. grew its position in Mondelez International by 5.1% in the fourth quarter. Ameriprise Financial Inc. now owns 20,074,353 shares of the company's stock worth $1,198,491,000 after acquiring an additional 975,929 shares in the last quarter. Finally, Norges Bank bought a new stake in Mondelez International during the fourth quarter worth approximately $1,118,755,000. Institutional investors own 78.32% of the company's stock.

Mondelez International Trading Up 0.2%

MDLZ stock traded up $0.14 during mid-day trading on Friday, reaching $67.61. The company had a trading volume of 12,140,762 shares, compared to its average volume of 8,044,545. The company has a market capitalization of $87.54 billion, a PE ratio of 19.77, a price-to-earnings-growth ratio of 4.34 and a beta of 0.50. The firm has a 50 day moving average of $66.50 and a 200 day moving average of $63.31. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.07. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The firm had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. During the same quarter in the previous year, the business earned $0.93 earnings per share. Mondelez International's quarterly revenue was up .2% on a year-over-year basis. On average, equities analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.78%. The ex-dividend date is Monday, June 30th. Mondelez International's dividend payout ratio is 69.89%.

Analyst Ratings Changes

MDLZ has been the subject of several analyst reports. Barclays raised their price objective on Mondelez International from $71.00 to $74.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Morgan Stanley increased their price target on Mondelez International from $69.00 to $72.00 and gave the company an "overweight" rating in a report on Wednesday, April 30th. DA Davidson downgraded Mondelez International from a "buy" rating to a "neutral" rating and raised their price target for the stock from $66.00 to $68.00 in a research report on Thursday, April 24th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $69.00 price objective on shares of Mondelez International in a research note on Monday, April 28th. Finally, Evercore ISI increased their target price on shares of Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $70.55.

About Mondelez International

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.