Advisor OS LLC Purchases 3,786 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Advisor OS LLC lifted its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 26.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,889 shares of the company's stock after acquiring an additional 3,786 shares during the quarter. Advisor OS LLC's holdings in Mondelez International were worth $1,214,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in Mondelez International in the 4th quarter valued at approximately $1,118,755,000. Capital Research Global Investors increased its stake in shares of Mondelez International by 13.9% during the 4th quarter. Capital Research Global Investors now owns 37,529,511 shares of the company's stock worth $2,241,637,000 after purchasing an additional 4,572,555 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in Mondelez International in the 1st quarter valued at $189,930,000. Deutsche Bank AG grew its stake in Mondelez International by 17.1% in the 4th quarter. Deutsche Bank AG now owns 13,734,080 shares of the company's stock valued at $820,337,000 after buying an additional 2,002,640 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Mondelez International in the 4th quarter valued at $104,065,000. Hedge funds and other institutional investors own 78.32% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on MDLZ. Stifel Nicolaus increased their price target on shares of Mondelez International from $70.00 to $73.00 and gave the company a "buy" rating in a report on Wednesday, April 30th. UBS Group increased their price target on shares of Mondelez International from $69.00 to $72.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. DA Davidson downgraded shares of Mondelez International from a "buy" rating to a "neutral" rating and increased their price target for the company from $66.00 to $68.00 in a report on Thursday, April 24th. Royal Bank Of Canada reissued an "outperform" rating and issued a $69.00 price target on shares of Mondelez International in a report on Monday, April 28th. Finally, Jefferies Financial Group raised shares of Mondelez International from a "hold" rating to a "buy" rating and raised their price objective for the stock from $66.00 to $78.00 in a report on Thursday, July 17th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $70.72.

Mondelez International Price Performance

MDLZ traded up $0.40 during midday trading on Friday, hitting $70.58. The company had a trading volume of 4,520,788 shares, compared to its average volume of 7,066,883. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.40 and a current ratio of 0.61. The company has a market capitalization of $91.39 billion, a PE ratio of 26.24, a P/E/G ratio of 5.28 and a beta of 0.48. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06. The firm's 50-day simple moving average is $67.64 and its 200-day simple moving average is $64.92.

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

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 14th. Stockholders of record on Monday, June 30th were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.66%. The ex-dividend date of this dividend was Monday, June 30th. Mondelez International's dividend payout ratio is 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.