Mondelez International (NASDAQ:MDLZ) Stock Price Up 1%

Shares of Mondelez International, Inc. (NASDAQ:MDLZ - Get Free Report) were up 1% during trading on Tuesday . The company traded as high as $72.64 and last traded at $72.53. Approximately 2,109,495 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 7,844,176 shares. The stock had previously closed at $71.83.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on MDLZ shares. Citigroup cut their price objective on shares of Mondelez International from $87.00 to $84.00 and set a "buy" rating on the stock in a report on Thursday, April 11th. JPMorgan Chase & Co. cut their target price on shares of Mondelez International from $82.00 to $76.00 and set an "overweight" rating on the stock in a research note on Friday, April 12th. Stifel Nicolaus upped their target price on shares of Mondelez International from $78.00 to $81.00 and gave the company a "buy" rating in a research note on Thursday, January 25th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Mondelez International from $78.00 to $80.00 and gave the company a "buy" rating in a research note on Thursday, January 18th. Finally, Barclays cut their target price on shares of Mondelez International from $84.00 to $80.00 and set an "overweight" rating on the stock in a research note on Friday, April 12th. One analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $80.50.

Mondelez International Trading Up 0.2 %

The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60. The stock has a market cap of $96.87 billion, a P/E ratio of 19.82, a PEG ratio of 2.46 and a beta of 0.56. The firm's 50-day simple moving average is $70.42 and its 200 day simple moving average is $70.87.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its earnings results on Tuesday, April 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The firm had revenue of $9.29 billion during the quarter, compared to analysts' expectations of $9.16 billion. During the same quarter in the prior year, the firm earned $0.89 EPS. Mondelez International's quarterly revenue was up 1.4% on a year-over-year basis. As a group, equities research analysts anticipate that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were given a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 2.36%. The ex-dividend date was Wednesday, March 27th. Mondelez International's dividend payout ratio (DPR) is 46.83%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD lifted its stake in Mondelez International by 4.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 36,406,133 shares of the company's stock valued at $2,636,897,000 after purchasing an additional 1,686,229 shares during the last quarter. Capital Research Global Investors lifted its stake in Mondelez International by 26.9% during the fourth quarter. Capital Research Global Investors now owns 30,291,001 shares of the company's stock valued at $2,193,977,000 after purchasing an additional 6,426,928 shares during the last quarter. Capital World Investors lifted its stake in Mondelez International by 2.2% during the fourth quarter. Capital World Investors now owns 21,562,411 shares of the company's stock valued at $1,561,765,000 after purchasing an additional 463,738 shares during the last quarter. Northern Trust Corp lifted its stake in Mondelez International by 1.8% during the third quarter. Northern Trust Corp now owns 17,099,636 shares of the company's stock valued at $1,186,715,000 after purchasing an additional 303,965 shares during the last quarter. Finally, Norges Bank acquired a new stake in Mondelez International during the fourth quarter valued at approximately $1,231,413,000. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Company 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.