PBMares Wealth Management LLC Buys 5,492 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

PBMares Wealth Management LLC raised its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 86.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,859 shares of the company's stock after buying an additional 5,492 shares during the quarter. PBMares Wealth Management LLC's holdings in Mondelez International were worth $805,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in MDLZ. Transce3nd LLC purchased a new stake in Mondelez International in the fourth quarter worth approximately $30,000. Orion Capital Management LLC bought a new position in shares of Mondelez International during the 4th quarter valued at $30,000. E Fund Management Hong Kong Co. Ltd. raised its position in Mondelez International by 376.1% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 438 shares of the company's stock worth $30,000 after purchasing an additional 346 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in Mondelez International in the fourth quarter worth $31,000. Finally, Coppell Advisory Solutions LLC boosted its position in Mondelez International by 66.7% during the fourth quarter. Coppell Advisory Solutions LLC now owns 540 shares of the company's stock valued at $32,000 after buying an additional 216 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Stock Down 0.1%

Shares of NASDAQ MDLZ traded down $0.07 on Tuesday, reaching $68.43. 6,345,636 shares of the company's stock traded hands, compared to its average volume of 8,062,091. The business's 50 day simple moving average is $66.66 and its two-hundred day simple moving average is $63.59. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The company has a market cap of $88.60 billion, a price-to-earnings ratio of 25.44, a price-to-earnings-growth ratio of 5.29 and a beta of 0.48. The company has a quick ratio of 0.40, a current ratio of 0.61 and a debt-to-equity ratio of 0.61.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its quarterly earnings data 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. Mondelez International had a return on equity of 15.94% and a net margin of 9.90%. The business 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 business earned $0.93 earnings per share. The firm's quarterly revenue was up .2% compared to the same quarter last year. As a group, equities research analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be paid a $0.47 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.88 annualized dividend and a dividend yield of 2.75%. Mondelez International's dividend payout ratio is presently 69.89%.

Analysts Set New Price Targets

Several research analysts have recently commented on MDLZ shares. Royal Bank Of Canada reiterated an "outperform" rating and issued a $69.00 price objective on shares of Mondelez International in a report on Monday, April 28th. UBS Group boosted their price objective on Mondelez International from $60.00 to $69.00 and gave the company a "neutral" rating in a research report on Thursday, April 17th. Piper Sandler raised their target price on shares of Mondelez International from $59.00 to $64.00 and gave the stock a "neutral" rating in a report on Wednesday, April 9th. Wells Fargo & Company upgraded shares of Mondelez International from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $68.00 to $78.00 in a report on Friday. Finally, Stifel Nicolaus raised their price target 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. 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 stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price 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.