Fidelis Capital Partners LLC Boosts Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Fidelis Capital Partners LLC raised its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 41.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,605 shares of the company’s stock after buying an additional 4,831 shares during the period. Fidelis Capital Partners LLC’s holdings in Mondelez International were worth $1,203,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MDLZ. Tyler Stone Wealth Management purchased a new stake in shares of Mondelez International during the 2nd quarter worth approximately $25,000. Retirement Group LLC purchased a new stake in shares of Mondelez International during the 4th quarter worth approximately $25,000. Carmel Capital Partners LLC purchased a new stake in shares of Mondelez International during the 3rd quarter worth approximately $28,000. First Command Advisory Services Inc. purchased a new stake in shares of Mondelez International during the 3rd quarter worth approximately $29,000. Finally, Orion Capital Management LLC purchased a new stake in shares of Mondelez International during the 3rd quarter worth approximately $35,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

NASDAQ:MDLZ traded up $0.66 during trading hours on Thursday, hitting $67.17. The stock had a trading volume of 8,692,753 shares, compared to its average volume of 7,586,421. The company has a 50 day simple moving average of $70.86 and a two-hundred day simple moving average of $70.47. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.62 and a quick ratio of 0.43. Mondelez International, Inc. has a one year low of $60.75 and a one year high of $78.59. The firm has a market capitalization of $90.44 billion, a price-to-earnings ratio of 18.41, a P/E/G ratio of 2.29 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $9.31 billion. During the same period last year, the firm earned $0.73 EPS. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. Research analysts forecast that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date of this dividend was Wednesday, March 27th. Mondelez International’s dividend payout ratio is currently 46.83%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MDLZ. Stifel Nicolaus raised 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. Citigroup reduced their price objective on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research note on Thursday, April 11th. StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. JPMorgan Chase & Co. reduced their price objective on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. Finally, Barclays reduced their price objective on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. One equities research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, Mondelez International has an average rating of “Moderate Buy” and a consensus target price of $80.89.

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.