Quilter Plc Has $72.35 Million Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Quilter Plc grew its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 19.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,066,312 shares of the company's stock after acquiring an additional 177,120 shares during the period. Mondelez International comprises about 1.5% of Quilter Plc's portfolio, making the stock its 25th largest holding. Quilter Plc owned 0.08% of Mondelez International worth $72,349,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of MDLZ. Glass Jacobson Investment Advisors llc raised its stake in Mondelez International by 6.7% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company's stock valued at $160,000 after acquiring an additional 168 shares during the period. Sound Income Strategies LLC raised its position in shares of Mondelez International by 11.1% in the first quarter. Sound Income Strategies LLC now owns 1,688 shares of the company's stock valued at $115,000 after purchasing an additional 168 shares during the period. Baker Avenue Asset Management LP raised its position in shares of Mondelez International by 4.2% in the fourth quarter. Baker Avenue Asset Management LP now owns 4,763 shares of the company's stock valued at $284,000 after purchasing an additional 193 shares during the period. City Holding Co. lifted its stake in shares of Mondelez International by 28.0% during the 1st quarter. City Holding Co. now owns 896 shares of the company's stock worth $61,000 after buying an additional 196 shares during the last quarter. Finally, Headinvest LLC boosted its holdings in shares of Mondelez International by 1.1% during the 4th quarter. Headinvest LLC now owns 18,193 shares of the company's stock worth $1,087,000 after buying an additional 197 shares during the period. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Stock Performance

Shares of MDLZ opened at $67.75 on Friday. Mondelez International, Inc. has a one year low of $53.95 and a one year high of $76.06. The company has a market cap of $87.72 billion, a PE ratio of 25.19, a P/E/G ratio of 5.21 and a beta of 0.48. The stock has a 50-day moving average of $66.72 and a 200-day moving average of $63.70. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.61 and a quick ratio of 0.40.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.67 by $0.07. Mondelez International had a return on equity of 15.94% and a net margin of 9.90%. The firm had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.37 billion. During the same quarter in the previous year, the company posted $0.93 earnings per share. The company's quarterly revenue was up .2% on a year-over-year basis. On average, 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 announced a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International's payout ratio is presently 69.89%.

Wall Street Analyst Weigh In

MDLZ has been the topic of several research analyst reports. Piper Sandler increased their price target on shares of Mondelez International from $59.00 to $64.00 and gave the company a "neutral" rating in a report on Wednesday, April 9th. Morgan Stanley lifted their target price on Mondelez International from $69.00 to $72.00 and gave the stock an "overweight" rating in a report on Wednesday, April 30th. Barclays upped their price target on shares of Mondelez International from $71.00 to $74.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Evercore ISI boosted their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a report on Wednesday, April 23rd. Finally, UBS Group increased their target price on Mondelez International from $60.00 to $69.00 and gave the stock a "neutral" rating in a report on Thursday, April 17th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $70.63.

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.

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