Villere ST Denis J & Co. LLC Grows Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Villere ST Denis J & Co. LLC grew its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 2.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 361,202 shares of the company's stock after purchasing an additional 7,156 shares during the period. Mondelez International makes up about 2.4% of Villere ST Denis J & Co. LLC's holdings, making the stock its 22nd largest position. Villere ST Denis J & Co. LLC's holdings in Mondelez International were worth $24,508,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in MDLZ. Transce3nd LLC purchased a new stake in shares of Mondelez International in the 4th quarter worth about $30,000. Orion Capital Management LLC purchased a new stake in shares of Mondelez International in the 4th quarter worth about $30,000. E Fund Management Hong Kong Co. Ltd. boosted its position in shares of 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 buying an additional 346 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Mondelez International in the 4th quarter worth about $31,000. Finally, Coppell Advisory Solutions LLC boosted its position in shares of Mondelez International by 66.7% in the 4th quarter. Coppell Advisory Solutions LLC now owns 540 shares of the company's stock worth $32,000 after buying an additional 216 shares in the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on MDLZ shares. Royal Bank Of Canada restated an "outperform" rating and issued a $69.00 target price on shares of Mondelez International in a report on Monday, April 28th. Stifel Nicolaus upped their target price on shares of Mondelez International from $70.00 to $73.00 and gave the company a "buy" rating in a report on Wednesday, April 30th. Morgan Stanley upped their target price on shares of Mondelez International from $69.00 to $72.00 and gave the company an "overweight" rating in a report on Wednesday, April 30th. UBS Group upped their target price on shares of Mondelez International from $60.00 to $69.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Finally, DA Davidson lowered shares of Mondelez International from a "buy" rating to a "neutral" rating and upped their target price for the company from $66.00 to $68.00 in a report on Thursday, April 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $70.63.

Mondelez International Trading Up 0.0%

MDLZ traded up $0.03 on Friday, reaching $67.78. 9,105,219 shares of the company's stock were exchanged, compared to its average volume of 8,071,915. The company's 50 day moving average is $66.73 and its 200-day moving average is $63.74. The company has a market cap of $87.76 billion, a price-to-earnings ratio of 25.20, a PEG ratio of 5.25 and a beta of 0.48. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06. 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 posted its earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.07. The firm had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.37 billion. Mondelez International had a net margin of 9.90% and a return on equity of 15.94%. The company's revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 EPS. Equities analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International's dividend payout ratio (DPR) is presently 69.89%.

About Mondelez International

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.