Mondelez International, Inc. (NASDAQ:MDLZ) Shares Purchased by State of Wyoming

State of Wyoming grew its holdings in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 882.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,362 shares of the company's stock after purchasing an additional 3,918 shares during the period. State of Wyoming's holdings in Mondelez International were worth $261,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. 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 worth $160,000 after purchasing an additional 168 shares in the last quarter. First Horizon Advisors Inc. raised its position 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 during the period. Core Alternative Capital boosted its position in Mondelez International by 1.7% during the fourth quarter. Core Alternative Capital now owns 11,448 shares of the company's stock valued at $684,000 after buying an additional 187 shares during the period. Waldron Private Wealth LLC grew its stake in shares of Mondelez International by 1.0% during the fourth quarter. Waldron Private Wealth LLC now owns 19,496 shares of the company's stock valued at $1,164,000 after buying an additional 191 shares during the last quarter. Finally, 44 Wealth Management LLC increased its holdings 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 worth $457,000 after buying an additional 191 shares during the period. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Price Performance

Shares of MDLZ traded up $0.76 during mid-day trading on Tuesday, hitting $66.90. 6,595,777 shares of the stock were exchanged, compared to its average volume of 8,018,321. The firm has a 50-day moving average of $66.29 and a two-hundred day moving average of $63.27. Mondelez International, Inc. has a 52-week low of $53.95 and a 52-week high of $76.06. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68. The company has a market cap of $86.62 billion, a PE ratio of 19.56, a price-to-earnings-growth ratio of 4.34 and a beta of 0.50.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its 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. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The firm had revenue of $9.31 billion for the quarter, compared to analysts' expectations of $9.37 billion. During the same quarter in the prior year, the firm posted $0.93 earnings per share. The company's quarterly revenue was up .2% on a year-over-year basis. On average, equities analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.47 per share. The ex-dividend date is Monday, June 30th. This represents a $1.88 annualized dividend and a yield of 2.81%. Mondelez International's payout ratio is currently 69.89%.

Wall Street Analyst Weigh In

A number of analysts recently commented on MDLZ shares. Mizuho raised their price target on Mondelez International from $64.00 to $70.00 and gave the stock an "outperform" rating in a research note on Friday, February 14th. Stifel Nicolaus increased their price objective on Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Royal Bank of Canada restated an "outperform" rating and set a $69.00 target price on shares of Mondelez International in a report on Monday, April 28th. The Goldman Sachs Group dropped their price objective on shares of Mondelez International from $68.00 to $60.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Finally, DA Davidson downgraded shares of Mondelez International from a "buy" rating to a "neutral" rating and raised their target price for the company from $66.00 to $68.00 in a research note on Thursday, April 24th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $70.55.

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.