Oxford Asset Management LLP Takes $1.49 Million Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Oxford Asset Management LLP purchased a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 24,881 shares of the company's stock, valued at approximately $1,486,000. Mondelez International accounts for approximately 0.8% of Oxford Asset Management LLP's holdings, making the stock its 16th biggest holding.

Several other large investors also recently made changes to their positions in MDLZ. Marshall Investment Management LLC bought a new position in shares of Mondelez International in the 4th quarter valued at about $26,000. Hager Investment Management Services LLC bought a new position in Mondelez International in the fourth quarter valued at approximately $27,000. Transce3nd LLC acquired a new position in shares of Mondelez International during the 4th quarter worth approximately $30,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Mondelez International during the 4th quarter worth approximately $31,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in shares of Mondelez International in the 4th quarter valued at approximately $32,000. Institutional investors own 78.32% of the company's stock.

Mondelez International Price Performance

MDLZ stock traded up $2.48 during midday trading on Wednesday, hitting $68.13. The company's stock had a trading volume of 15,845,225 shares, compared to its average volume of 10,520,138. The firm has a market capitalization of $88.13 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 4.34 and a beta of 0.47. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 0.58. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The company has a 50 day moving average of $65.98 and a two-hundred day moving average of $63.74.

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

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.76%. The ex-dividend date of this dividend was Monday, March 31st. Mondelez International's dividend payout ratio is currently 54.97%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MDLZ. DZ Bank downgraded shares of Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 price objective for the company. in a research report on Friday, February 7th. Mizuho boosted 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. Citigroup cut their price objective on Mondelez International from $78.00 to $71.00 and set a "buy" rating for the company in a research report on Wednesday, January 8th. Royal Bank of Canada reissued an "outperform" rating and set a $69.00 target price on shares of Mondelez International in a report on Monday. Finally, UBS Group raised their price target on Mondelez International from $60.00 to $69.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $70.00.

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.