Alpha Family Trust Increases Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Alpha Family Trust lifted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 40.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,040 shares of the company's stock after buying an additional 3,755 shares during the quarter. Alpha Family Trust's holdings in Mondelez International were worth $779,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Marshall Investment Management LLC bought a new position in shares of Mondelez International during the 4th quarter valued at about $26,000. Hager Investment Management Services LLC bought a new position in Mondelez International during the fourth quarter valued at approximately $27,000. Transce3nd LLC purchased a new position in Mondelez International during the 4th quarter valued at approximately $30,000. Kohmann Bosshard Financial Services LLC bought a new stake in Mondelez International in the 4th quarter worth approximately $31,000. Finally, Sierra Ocean LLC purchased a new stake in shares of Mondelez International during the 4th quarter worth approximately $32,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International Stock Performance

MDLZ stock traded up $0.05 during trading on Monday, hitting $67.80. 6,310,565 shares of the company traded hands, compared to its average volume of 7,912,431. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $76.06. The stock's 50-day simple moving average is $66.23 and its 200 day simple moving average is $63.59. The company has a market cap of $87.70 billion, a PE ratio of 19.82, a P/E/G ratio of 4.34 and a beta of 0.50.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.07. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. The firm had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. During the same period in the previous year, the firm earned $0.93 EPS. The business's quarterly revenue was up .2% on a year-over-year basis. On average, equities analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were paid 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 was Monday, March 31st. Mondelez International's payout ratio is currently 69.89%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. DZ Bank lowered Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 price target for the company. in a research report on Friday, February 7th. Barclays increased their price target on Mondelez International from $71.00 to $74.00 and gave the company an "overweight" rating in a report on Thursday. Mizuho raised their price target on Mondelez International from $64.00 to $70.00 and gave the stock an "outperform" rating in a research report on Friday, February 14th. Stifel Nicolaus boosted their price objective on shares of Mondelez International from $70.00 to $73.00 and gave the company a "buy" rating in a research report on Wednesday, April 30th. Finally, Citigroup lowered their target price on shares of Mondelez International from $78.00 to $71.00 and set a "buy" rating for the company in a report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average 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.