Johnson Financial Group Inc. Increases Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Johnson Financial Group Inc. boosted its stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 59.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,827 shares of the company's stock after buying an additional 4,785 shares during the quarter. Johnson Financial Group Inc.'s holdings in Mondelez International were worth $744,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of MDLZ. Marshall Investment Management LLC bought a new position in shares of Mondelez International during the fourth quarter valued at about $26,000. Hager Investment Management Services LLC purchased a new stake in Mondelez International in the 4th quarter valued at about $27,000. Transce3nd LLC purchased a new position in shares of Mondelez International in the 4th quarter worth approximately $30,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Mondelez International in the fourth quarter valued at approximately $31,000. Finally, McClarren Financial Advisors Inc. purchased a new stake in shares of Mondelez International during the fourth quarter valued at approximately $32,000. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Price Performance

Shares of Mondelez International stock traded down $0.26 during trading hours on Thursday, hitting $67.87. The company's stock had a trading volume of 9,413,554 shares, compared to its average volume of 7,933,129. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06. The business has a 50 day moving average price of $66.05 and a two-hundred day moving average price of $63.77. The company has a market cap of $87.79 billion, a PE ratio of 19.85, a PEG ratio of 4.34 and a beta of 0.47.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its quarterly earnings results 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. The company had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.37 billion. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. Mondelez International's revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.93 EPS. Analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, March 31st were given a dividend of $0.47 per share. The ex-dividend date was Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a yield of 2.77%. Mondelez International's dividend payout ratio (DPR) is presently 54.97%.

Wall Street Analysts Forecast Growth

MDLZ has been the subject of a number of recent analyst reports. Morgan Stanley upped their price objective on Mondelez International from $69.00 to $72.00 and gave the company an "overweight" rating in a research note on Wednesday. Stifel Nicolaus lifted their price objective on shares of Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a research report on Wednesday. The Goldman Sachs Group reduced their target price on shares of Mondelez International from $68.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft dropped their price objective on Mondelez International from $67.00 to $62.00 and set a "hold" rating on the stock in a research note on Wednesday, January 22nd. Finally, JPMorgan Chase & Co. raised their target price on Mondelez International from $64.00 to $74.00 and gave the stock an "overweight" rating in a research report on Friday, April 11th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price 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.