Mondelez International, Inc. (NASDAQ:MDLZ) Shares Bought by Liberty One Investment Management LLC

Liberty One Investment Management LLC grew its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 7.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 386,345 shares of the company's stock after purchasing an additional 28,050 shares during the quarter. Mondelez International makes up about 2.7% of Liberty One Investment Management LLC's portfolio, making the stock its 18th biggest holding. Liberty One Investment Management LLC's holdings in Mondelez International were worth $26,214,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Abound Financial LLC acquired a new stake in Mondelez International during the 1st quarter worth $25,000. Goodman Advisory Group LLC purchased a new position in shares of Mondelez International during the 1st quarter worth $26,000. Transce3nd LLC purchased a new position in shares of Mondelez International during the 4th quarter worth $30,000. Orion Capital Management LLC purchased a new position in shares of Mondelez International during the 4th quarter worth $30,000. Finally, E Fund Management Hong Kong Co. Ltd. raised its holdings in shares of Mondelez International by 376.1% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 438 shares of the company's stock worth $30,000 after acquiring an additional 346 shares during the period. Institutional investors and hedge funds own 78.32% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. DA Davidson lowered Mondelez International from a "buy" rating to a "neutral" rating and lifted their price target for the stock from $66.00 to $68.00 in a report on Thursday, April 24th. Piper Sandler lifted 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. UBS Group lifted their price target on Mondelez International from $60.00 to $69.00 and gave the stock a "neutral" rating in a report on Thursday, April 17th. Barclays lifted their price target on Mondelez International from $71.00 to $74.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Finally, JPMorgan Chase & Co. lifted their price target on Mondelez International from $64.00 to $74.00 and gave the stock an "overweight" rating in a report on Friday, April 11th. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $70.63.

Mondelez International Stock Down 0.2%

Shares of NASDAQ:MDLZ opened at $68.82 on Tuesday. 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 firm has a market capitalization of $89.11 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 5.35 and a beta of 0.48. The firm's 50-day moving average is $66.99 and its two-hundred day moving average is $64.10. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $76.06.

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

Mondelez International Dividend Announcement

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

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.

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