Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. raised its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 693.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 392,168 shares of the company’s stock after acquiring an additional 342,748 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Mondelez International were worth $28,404,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Barclays PLC raised its stake in Mondelez International by 48.8% during the 3rd quarter. Barclays PLC now owns 4,948,322 shares of the company’s stock valued at $343,411,000 after acquiring an additional 1,623,588 shares during the last quarter. Canada Pension Plan Investment Board raised its stake in Mondelez International by 44.5% during the 3rd quarter. Canada Pension Plan Investment Board now owns 3,766,132 shares of the company’s stock valued at $261,370,000 after acquiring an additional 1,159,900 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC purchased a new position in shares of Mondelez International during the 3rd quarter worth approximately $71,311,000. Envestnet Asset Management Inc. raised its stake in shares of Mondelez International by 38.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,264,142 shares of the company’s stock worth $226,531,000 after buying an additional 900,445 shares in the last quarter. Finally, Burgundy Asset Management Ltd. raised its stake in shares of Mondelez International by 52.7% during the 3rd quarter. Burgundy Asset Management Ltd. now owns 2,430,258 shares of the company’s stock worth $168,660,000 after buying an additional 838,651 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Trading Down 0.3 %

NASDAQ MDLZ traded down $0.19 during trading hours on Thursday, hitting $70.50. The company’s stock had a trading volume of 7,423,075 shares, compared to its average volume of 7,988,228. The stock has a fifty day moving average of $70.36 and a 200 day moving average of $70.87. Mondelez International, Inc. has a twelve month low of $60.75 and a twelve month high of $78.54. The firm has a market capitalization of $94.93 billion, a P/E ratio of 22.44, a PEG ratio of 2.50 and a beta of 0.55. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The business had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.16 billion. During the same period in the prior year, the business posted $0.89 earnings per share. Mondelez International’s revenue was up 1.4% compared to the same quarter last year. Equities research analysts forecast that Mondelez International, Inc. will post 3.51 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were issued a $0.425 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.70 annualized dividend and a yield of 2.41%. Mondelez International’s dividend payout ratio (DPR) is presently 53.97%.

Analysts Set New Price Targets

MDLZ has been the topic of a number of analyst reports. 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. StockNews.com lowered Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Sanford C. Bernstein raised their price objective on Mondelez International from $88.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday. JPMorgan Chase & Co. dropped their target price on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Finally, Stifel Nicolaus lifted their target price on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. One equities research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $80.75.

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.