Mondelez International (NASDAQ:MDLZ) Shares Down 0.2%

Mondelez International, Inc. (NASDAQ:MDLZ - Get Free Report) shares traded down 0.2% during trading on Tuesday . The stock traded as low as $65.50 and last traded at $65.74. 1,542,669 shares traded hands during trading, a decline of 79% from the average session volume of 7,484,008 shares. The stock had previously closed at $65.87.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Mondelez International from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Thursday, January 18th. Barclays dropped their price target 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. Citigroup dropped their price target on shares of Mondelez International from $87.00 to $84.00 and set a "buy" rating on the stock in a research note on Thursday, April 11th. JPMorgan Chase & Co. dropped their price target 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. Finally, Stifel Nicolaus increased their price target on shares of Mondelez International from $78.00 to $81.00 and gave the stock a "buy" rating in a research note on Thursday, January 25th. One equities research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $80.89.

Mondelez International Stock Up 0.2 %

The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.43 and a current ratio of 0.62. The stock has a market cap of $88.84 billion, a price-to-earnings ratio of 18.11, a PEG ratio of 2.32 and a beta of 0.56. The firm's 50-day simple moving average is $71.21 and its two-hundred day simple moving average is $70.52.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.78 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The company had revenue of $9.31 billion during the quarter, compared to analysts' expectations of $9.31 billion. During the same quarter in the previous year, the company earned $0.73 EPS. Mondelez International's revenue was up 7.1% on a year-over-year basis. On average, sell-side analysts expect that Mondelez International, Inc. will post 3.52 EPS for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 2.58%. The ex-dividend date of this dividend was Wednesday, March 27th. Mondelez International's dividend payout ratio is 46.83%.

Institutional Investors Weigh In On Mondelez International

Several institutional investors have recently modified their holdings of MDLZ. Tyler Stone Wealth Management acquired a new stake in shares of Mondelez International during the 2nd quarter worth approximately $25,000. Retirement Group LLC acquired a new position in Mondelez International during the fourth quarter valued at approximately $25,000. Bogart Wealth LLC grew its holdings in Mondelez International by 63.9% during the fourth quarter. Bogart Wealth LLC now owns 359 shares of the company's stock valued at $26,000 after purchasing an additional 140 shares during the period. Ables Iannone Moore & Associates Inc. acquired a new position in Mondelez International during the fourth quarter valued at approximately $26,000. Finally, Carmel Capital Partners LLC acquired a new position in Mondelez International during the third quarter valued at approximately $28,000. Institutional investors and hedge funds own 78.32% of the company's stock.

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.