Mondelez International, Inc. (NASDAQ:MDLZ) Shares Bought by Toronto Dominion Bank

Toronto Dominion Bank grew its position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 758,826 shares of the company's stock after purchasing an additional 22,715 shares during the quarter. Toronto Dominion Bank owned about 0.06% of Mondelez International worth $45,325,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. SG Americas Securities LLC grew its holdings in shares of Mondelez International by 215.3% during the fourth quarter. SG Americas Securities LLC now owns 18,961 shares of the company's stock valued at $1,133,000 after buying an additional 12,948 shares during the last quarter. Brighton Jones LLC lifted its position in Mondelez International by 92.4% during the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company's stock worth $874,000 after acquiring an additional 7,025 shares during the period. RFG Advisory LLC grew its stake in Mondelez International by 12.9% during the 4th quarter. RFG Advisory LLC now owns 5,417 shares of the company's stock valued at $324,000 after purchasing an additional 619 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Mondelez International by 13.7% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 7,993 shares of the company's stock worth $477,000 after purchasing an additional 965 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Mondelez International by 17.2% during the fourth quarter. Blue Trust Inc. now owns 51,196 shares of the company's stock worth $3,058,000 after purchasing an additional 7,508 shares during the period. Hedge funds and other institutional investors own 78.32% of the company's stock.

Mondelez International Price Performance

Shares of MDLZ remained flat at $67.47 during trading on Friday. 11,326,555 shares of the company's stock were exchanged, compared to its average volume of 8,035,424. 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 firm has a market cap of $87.36 billion, a PE ratio of 19.73, a PEG ratio of 4.34 and a beta of 0.50. The business's fifty day moving average is $66.44 and its 200-day moving average is $63.32. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.67 by $0.07. The business had revenue of $9.31 billion during 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% on a year-over-year basis. During the same period last year, the business posted $0.93 earnings per share. On average, equities research analysts predict that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be paid a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.88 dividend on an annualized basis and a yield of 2.79%. Mondelez International's dividend payout ratio (DPR) is presently 69.89%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on MDLZ shares. Piper Sandler raised their price target on shares of Mondelez International from $59.00 to $64.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 9th. Mizuho raised their price objective on shares of Mondelez International from $64.00 to $70.00 and gave the stock an "outperform" rating in a research note on Friday, February 14th. DA Davidson cut Mondelez International from a "buy" rating to a "neutral" rating and upped their price target for the stock from $66.00 to $68.00 in a report on Thursday, April 24th. DZ Bank cut shares of Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 price objective for the company. in a research report on Friday, February 7th. Finally, Wells Fargo & Company upped their price target on shares of Mondelez International from $64.00 to $68.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 2nd. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average 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.