Xponance Inc. Purchases 13,500 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Xponance Inc. raised its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 8.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,734 shares of the company's stock after purchasing an additional 13,500 shares during the period. Xponance Inc.'s holdings in Mondelez International were worth $13,091,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. DekaBank Deutsche Girozentrale increased its holdings in shares of Mondelez International by 5.1% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 2,480,235 shares of the company's stock worth $179,520,000 after buying an additional 120,665 shares in the last quarter. Handelsinvest Investeringsforvaltning acquired a new position in shares of Mondelez International during the fourth quarter worth $1,650,000. Signature Estate & Investment Advisors LLC increased its holdings in Mondelez International by 4.7% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 38,518 shares of the company's stock valued at $2,789,000 after purchasing an additional 1,713 shares during the period. HS Management Partners LLC increased its holdings in Mondelez International by 8.3% in the fourth quarter. HS Management Partners LLC now owns 1,671,075 shares of the company's stock valued at $121,036,000 after purchasing an additional 128,490 shares during the period. Finally, Cerity Partners LLC increased its holdings in Mondelez International by 70.2% in the fourth quarter. Cerity Partners LLC now owns 552,122 shares of the company's stock valued at $40,013,000 after purchasing an additional 227,743 shares during the period. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Stock Up 1.4 %

MDLZ stock traded up $0.94 during mid-day trading on Friday, reaching $68.11. 11,016,995 shares of the company traded hands, compared to its average volume of 7,630,542. Mondelez International, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $78.59. The firm's 50 day moving average price is $70.71 and its 200 day moving average price is $70.45. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60. The stock has a market cap of $91.71 billion, a price-to-earnings ratio of 18.57, a P/E/G ratio of 2.31 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its 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 firm had revenue of $9.31 billion for the quarter, compared to analysts' expectations of $9.31 billion. During the same quarter last year, the firm earned $0.73 EPS. The company's quarterly revenue was up 7.1% compared to the same quarter last year. As a group, equities research analysts predict that Mondelez International, Inc. will post 3.52 EPS for the current fiscal 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 dividend of $0.425 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 annualized dividend and a dividend yield of 2.50%. Mondelez International's dividend payout ratio is currently 46.83%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on MDLZ shares. Deutsche Bank Aktiengesellschaft increased their price objective on Mondelez International from $78.00 to $80.00 and gave the company a "buy" rating in a report on Thursday, January 18th. StockNews.com downgraded Mondelez International from a "buy" rating to a "hold" rating in a report on Friday, February 2nd. Stifel Nicolaus increased their price objective on Mondelez International from $78.00 to $81.00 and gave the company a "buy" rating in a report on Thursday, January 25th. JPMorgan Chase & Co. decreased their price objective on Mondelez International from $82.00 to $76.00 and set an "overweight" rating for the company in a report on Friday, April 12th. Finally, Barclays decreased their price objective on Mondelez International from $84.00 to $80.00 and set an "overweight" rating for the company in a report on Friday, April 12th. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $80.89.

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.