Mondelez International, Inc. (NASDAQ:MDLZ) Holdings Lifted by New England Research & Management Inc.

New England Research & Management Inc. lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 83.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,257 shares of the company's stock after buying an additional 6,020 shares during the period. New England Research & Management Inc.'s holdings in Mondelez International were worth $899,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Mondelez International by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 132,437,250 shares of the company's stock valued at $7,910,477,000 after acquiring an additional 931,776 shares in the last quarter. Capital Research Global Investors boosted its holdings in Mondelez International by 13.9% in the fourth quarter. Capital Research Global Investors now owns 37,529,511 shares of the company's stock valued at $2,241,637,000 after purchasing an additional 4,572,555 shares during the last quarter. Geode Capital Management LLC grew its stake in Mondelez International by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 28,913,478 shares of the company's stock valued at $1,721,954,000 after purchasing an additional 708,523 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Mondelez International by 5.1% during the 4th quarter. Ameriprise Financial Inc. now owns 20,074,353 shares of the company's stock valued at $1,198,491,000 after purchasing an additional 975,929 shares in the last quarter. Finally, Norges Bank purchased a new stake in Mondelez International during the 4th quarter worth approximately $1,118,755,000. Institutional investors and hedge funds own 78.32% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on MDLZ. 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. Stifel Nicolaus raised their price objective on shares of Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Mizuho boosted their target price on shares of Mondelez International from $64.00 to $70.00 and gave the stock an "outperform" rating in a research report on Friday, February 14th. Morgan Stanley upped their target price 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. Finally, Wells Fargo & Company lifted their price target on Mondelez International from $64.00 to $68.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 2nd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $70.11.

Mondelez International Stock Performance

MDLZ traded down $1.19 during trading hours on Friday, hitting $66.93. The company's stock had a trading volume of 6,528,752 shares, compared to its average volume of 8,045,823. The company has a 50-day simple moving average of $66.56 and a 200 day simple moving average of $63.49. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $86.66 billion, a PE ratio of 19.57, a PEG ratio of 4.34 and a beta of 0.48. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week 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 EPS for the quarter, beating 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 return on equity of 16.75% and a net margin of 12.68%. The company's quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the company earned $0.93 earnings per share. As a group, sell-side analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

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 issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International's dividend payout ratio (DPR) is presently 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.