Mondelez International, Inc. (NASDAQ:MDLZ) Stake Boosted by ORG Partners LLC

ORG Partners LLC increased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 365.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,081 shares of the company's stock after purchasing an additional 8,699 shares during the period. ORG Partners LLC's holdings in Mondelez International were worth $750,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in MDLZ. Glass Jacobson Investment Advisors llc grew its holdings in shares of Mondelez International by 6.7% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company's stock valued at $160,000 after buying an additional 168 shares during the last quarter. Sound Income Strategies LLC lifted its stake in Mondelez International by 11.1% in the 1st quarter. Sound Income Strategies LLC now owns 1,688 shares of the company's stock valued at $115,000 after buying an additional 168 shares in the last quarter. First Horizon Advisors Inc. lifted its stake in Mondelez International by 1.8% in the 4th quarter. First Horizon Advisors Inc. now owns 10,499 shares of the company's stock worth $627,000 after purchasing an additional 181 shares in the last quarter. 44 Wealth Management LLC grew its position in shares of Mondelez International by 2.6% in the fourth quarter. 44 Wealth Management LLC now owns 7,645 shares of the company's stock valued at $457,000 after purchasing an additional 191 shares in the last quarter. Finally, Baker Avenue Asset Management LP increased its stake in shares of Mondelez International by 4.2% in the 4th 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 last quarter. 78.32% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on MDLZ shares. DA Davidson cut Mondelez International from a "buy" rating to a "neutral" rating and upped their price objective for the company from $66.00 to $68.00 in a report on Thursday, April 24th. Evercore ISI upped their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 23rd. Royal Bank Of Canada reiterated an "outperform" rating and issued a $69.00 price target on shares of Mondelez International in a research note on Monday, April 28th. Wells Fargo & Company upgraded shares of Mondelez International from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $68.00 to $78.00 in a report on Friday. Finally, Morgan Stanley increased their price objective on Mondelez International from $69.00 to $72.00 and gave the company an "overweight" rating in a report on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, Mondelez International presently has a consensus rating of "Moderate Buy" and a consensus price target of $70.63.

Mondelez International Stock Performance

Mondelez International stock traded up $1.96 during trading hours on Friday, reaching $68.31. 12,997,727 shares of the stock were exchanged, compared to its average volume of 8,088,162. The stock has a market cap of $88.45 billion, a P/E ratio of 25.39, a P/E/G ratio of 5.14 and a beta of 0.48. Mondelez International, Inc. has a 52-week low of $53.95 and a 52-week high of $76.06. The firm's 50 day moving average is $66.64 and its 200 day moving average is $63.53. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.40 and a current ratio of 0.61.

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

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International's payout ratio is 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.