Fort Washington Investment Advisors Inc. OH Has $1.49 Million Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Fort Washington Investment Advisors Inc. OH trimmed its holdings in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 21.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,989 shares of the company's stock after selling 5,972 shares during the period. Fort Washington Investment Advisors Inc. OH's holdings in Mondelez International were worth $1,492,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in MDLZ. Glass Jacobson Investment Advisors llc raised its position in shares of Mondelez International by 6.7% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company's stock valued at $160,000 after purchasing an additional 168 shares during the period. First Horizon Advisors Inc. raised its holdings in Mondelez International by 1.8% in the 4th quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company's stock valued at $627,000 after acquiring an additional 181 shares during the period. 44 Wealth Management LLC lifted its position in Mondelez International by 2.6% during the fourth quarter. 44 Wealth Management LLC now owns 7,645 shares of the company's stock worth $457,000 after acquiring an additional 191 shares during the last quarter. Baker Avenue Asset Management LP boosted its holdings in shares of Mondelez International by 4.2% during the fourth quarter. Baker Avenue Asset Management LP now owns 4,763 shares of the company's stock worth $284,000 after acquiring an additional 193 shares during the period. Finally, Manchester Capital Management LLC boosted its holdings in shares of Mondelez International by 2.5% during the fourth quarter. Manchester Capital Management LLC now owns 8,035 shares of the company's stock worth $480,000 after acquiring an additional 195 shares during the period. 78.32% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MDLZ has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their target price on Mondelez International from $64.00 to $74.00 and gave the stock an "overweight" rating in a research note on Friday, April 11th. Evercore ISI increased their price objective on Mondelez International from $67.00 to $70.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 23rd. DA Davidson downgraded Mondelez International from a "buy" rating to a "neutral" rating and lifted their target price for the stock from $66.00 to $68.00 in a report on Thursday, April 24th. UBS Group upped their price target on shares of Mondelez International from $60.00 to $69.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th. Finally, Barclays raised their price target on shares of Mondelez International from $71.00 to $74.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, Mondelez International presently has a consensus rating of "Moderate Buy" and an average price target of $70.11.

Mondelez International Price Performance

NASDAQ:MDLZ traded up $0.03 during trading hours on Monday, hitting $66.96. The company's stock had a trading volume of 2,226,156 shares, compared to its average volume of 8,035,142. The stock has a fifty day simple moving average of $66.56 and a 200-day simple moving average of $63.46. The company has a market capitalization of $86.69 billion, a P/E ratio of 19.59, a PEG ratio of 4.34 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 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 posted its 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. The business had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.37 billion. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The firm's revenue was up .2% compared to the same quarter last year. During the same period last year, the company earned $0.93 EPS. On average, analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced 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. The ex-dividend date is Monday, June 30th. This represents a $1.88 annualized dividend and a dividend yield of 2.81%. Mondelez International's payout ratio is 69.89%.

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.