Sapient Capital LLC Purchases Shares of 39,627 Mondelez International, Inc. (NASDAQ:MDLZ)

Sapient Capital LLC acquired a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 39,627 shares of the company's stock, valued at approximately $2,870,000.

Several other hedge funds have also modified their holdings of MDLZ. Tyler Stone Wealth Management acquired a new position in shares of Mondelez International during the second quarter worth about $25,000. Retirement Group LLC acquired a new position in Mondelez International during the 4th quarter worth approximately $25,000. Carmel Capital Partners LLC purchased a new stake in shares of Mondelez International in the 3rd quarter valued at approximately $28,000. First Command Advisory Services Inc. acquired a new stake in shares of Mondelez International in the 3rd quarter valued at $29,000. Finally, VitalStone Financial LLC lifted its position in shares of Mondelez International by 1,553.8% during the 2nd quarter. VitalStone Financial LLC now owns 430 shares of the company's stock worth $30,000 after purchasing an additional 404 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on MDLZ. Deutsche Bank Aktiengesellschaft increased their target price on Mondelez International from $78.00 to $80.00 and gave the company a "buy" rating in a report on Thursday, January 18th. Barclays cut their target price on Mondelez International from $84.00 to $80.00 and set an "overweight" rating on the stock in a research report on Friday. Citigroup decreased their target price on Mondelez International from $87.00 to $84.00 and set a "buy" rating for the company in a research note on Thursday. 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, StockNews.com downgraded shares of Mondelez International from a "buy" rating to a "hold" rating in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $80.89.


Get Our Latest Research Report on MDLZ

Mondelez International Stock Performance

Shares of MDLZ stock traded down $0.09 during midday trading on Friday, hitting $66.69. The company had a trading volume of 7,433,498 shares, compared to its average volume of 7,519,807. The stock has a market cap of $90.76 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 2.32 and a beta of 0.56. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.62 and a quick ratio of 0.43. The company's 50 day simple moving average is $71.60 and its 200 day simple moving average is $70.56. Mondelez International, Inc. has a 52-week low of $60.75 and a 52-week high of $78.59.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 earnings per share for the quarter, beating analysts' consensus estimates of $0.78 by $0.06. The firm had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.31 billion. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. Mondelez International's quarterly revenue was up 7.1% on a year-over-year basis. During the same period last year, the firm posted $0.73 EPS. Research analysts anticipate that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were issued a dividend of $0.425 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.70 annualized dividend and a yield of 2.55%. Mondelez International's dividend payout ratio is currently 46.83%.

About Mondelez International

(Free Report)

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.

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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