GF Fund Management CO. LTD. Purchases 4,658 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

GF Fund Management CO. LTD. boosted its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 1.8% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 258,086 shares of the company's stock after acquiring an additional 4,658 shares during the period. GF Fund Management CO. LTD.'s holdings in Mondelez International were worth $17,511,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Amundi raised its position in shares of Mondelez International by 20.1% in the fourth quarter. Amundi now owns 2,856,534 shares of the company's stock valued at $166,507,000 after purchasing an additional 478,225 shares during the period. Kingswood Wealth Advisors LLC grew its stake in Mondelez International by 15.0% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 7,768 shares of the company's stock valued at $527,000 after buying an additional 1,013 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Mondelez International by 0.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 457,774 shares of the company's stock valued at $27,343,000 after acquiring an additional 4,121 shares during the period. SBI Securities Co. Ltd. purchased a new stake in shares of Mondelez International during the fourth quarter worth $336,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Mondelez International by 23.6% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 44,786 shares of the company's stock worth $3,039,000 after acquiring an additional 8,544 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on MDLZ shares. Stifel Nicolaus increased their price objective on Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. UBS Group increased their price target on shares of Mondelez International from $60.00 to $69.00 and gave the stock a "neutral" rating in a report on Thursday, April 17th. Morgan Stanley raised their price objective on shares of Mondelez International from $69.00 to $72.00 and gave the company an "overweight" rating in a research report on Wednesday, April 30th. JPMorgan Chase & Co. upped their target price on shares of Mondelez International from $64.00 to $74.00 and gave the stock an "overweight" rating in a report on Friday, April 11th. Finally, Evercore ISI raised their price target on shares of Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a report on Wednesday, April 23rd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $70.63.

Mondelez International Price Performance

NASDAQ:MDLZ traded down $0.55 during mid-day trading on Friday, reaching $69.02. The stock had a trading volume of 3,342,865 shares, compared to its average volume of 8,080,877. The stock has a market capitalization of $89.36 billion, a P/E ratio of 25.66, a P/E/G ratio of 5.35 and a beta of 0.48. The firm has a 50 day moving average price of $66.85 and a two-hundred day moving average price of $63.92. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.40 and a current ratio of 0.61. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.07. Mondelez International had a net margin of 9.90% and a return on equity of 15.94%. The firm had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. During the same period in the previous year, the business posted $0.93 EPS. The business's quarterly revenue was up .2% on a year-over-year basis. As a group, analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.88 annualized dividend and a yield of 2.72%. Mondelez International's payout ratio is 69.89%.

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.