Mondelez International, Inc. (NASDAQ:MDLZ) Holdings Lifted by World Investment Advisors

World Investment Advisors boosted its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 11.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 84,484 shares of the company's stock after acquiring an additional 8,428 shares during the period. World Investment Advisors' holdings in Mondelez International were worth $5,732,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MDLZ. Goodman Advisory Group LLC purchased a new stake in Mondelez International in the 1st quarter worth approximately $26,000. Transce3nd LLC purchased a new stake in shares of Mondelez International during the 4th quarter valued at $30,000. Orion Capital Management LLC purchased a new stake in shares of Mondelez International during the 4th quarter valued at $30,000. E Fund Management Hong Kong Co. Ltd. grew its stake 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 valued at $30,000 after buying an additional 346 shares during the period. Finally, North Capital Inc. purchased a new stake in shares of Mondelez International during the 1st quarter valued at $31,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Stock Down 0.8%

MDLZ stock traded down $0.55 during trading on Friday, reaching $69.02. The stock had a trading volume of 3,342,865 shares, compared to its average volume of 8,088,438. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06. The company has a current ratio of 0.61, a quick ratio of 0.40 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $89.36 billion, a P/E ratio of 25.66, a PEG ratio of 5.35 and a beta of 0.48. The firm has a fifty day moving average price of $66.91 and a 200 day moving average price of $64.00.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.67 by $0.07. The firm 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 firm's revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.93 EPS. On average, equities analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date is Monday, June 30th. Mondelez International's dividend payout ratio is presently 69.89%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on MDLZ shares. Wells Fargo & Company raised shares of Mondelez International from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $68.00 to $78.00 in a research note on Friday, June 20th. Morgan Stanley boosted their price objective on shares of Mondelez International from $69.00 to $72.00 and gave the company an "overweight" rating in a research note on Wednesday, April 30th. DA Davidson cut shares of Mondelez International from a "buy" rating to a "neutral" rating and boosted their price objective for the company from $66.00 to $68.00 in a research note on Thursday, April 24th. JPMorgan Chase & Co. boosted their price objective on shares of Mondelez International from $64.00 to $74.00 and gave the company an "overweight" rating in a research note on Friday, April 11th. Finally, Evercore ISI upped their price target on shares of Mondelez International from $67.00 to $70.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 23rd. 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. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average 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.