Mondelez International, Inc. (NASDAQ:MDLZ) Position Raised by Blair William & Co. IL

Blair William & Co. IL raised its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 22.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 109,013 shares of the company’s stock after buying an additional 20,123 shares during the period. Blair William & Co. IL’s holdings in Mondelez International were worth $4,778,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of MDLZ. Chevy Chase Trust Holdings Inc. raised its position in Mondelez International by 1.5% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 1,334,558 shares of the company’s stock valued at $57,493,000 after buying an additional 19,709 shares during the period. Triangle Securities Wealth Management raised its position in Mondelez International by 4.4% in the first quarter. Triangle Securities Wealth Management now owns 10,294 shares of the company’s stock worth $443,000 after buying an additional 434 shares during the last quarter. Franklin Street Advisors Inc. NC raised its position in Mondelez International by 66.0% in the first quarter. Franklin Street Advisors Inc. NC now owns 151,832 shares of the company’s stock worth $6,541,000 after buying an additional 60,370 shares during the last quarter. Park National Corp OH raised its position in shares of Mondelez International by 13.1% in the first quarter. Park National Corp OH now owns 20,058 shares of the company’s stock worth $864,000 after buying an additional 2,319 shares in the last quarter. Finally, Macquarie Group Ltd. raised its position in shares of Mondelez International by 4.1% in the fourth quarter. Macquarie Group Ltd. now owns 17,352,094 shares of the company’s stock worth $769,219,000 after buying an additional 681,926 shares in the last quarter. Hedge funds and other institutional investors own 76.54% of the company’s stock.

Mondelez International, Inc. (MDLZ) opened at 43.70 on Tuesday. The firm has a market capitalization of $65.88 billion, a PE ratio of 38.43 and a beta of 1.19. The stock’s 50 day moving average price is $43.66 and its 200 day moving average price is $44.45. Mondelez International, Inc. has a 12 month low of $40.50 and a 12 month high of $47.23.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Wednesday, August 2nd. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.46 by $0.02. The company had revenue of $5.99 billion during the quarter, compared to analysts’ expectations of $5.98 billion. Mondelez International had a net margin of 6.92% and a return on equity of 11.96%. The business’s revenue for the quarter was down 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 EPS. Equities research analysts expect that Mondelez International, Inc. will post $2.12 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 12th. Shareholders of record on Friday, September 29th will be given a dividend of $0.22 per share. This is a boost from Mondelez International’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, September 28th. This represents a $0.88 annualized dividend and a dividend yield of 2.01%. Mondelez International’s payout ratio is presently 66.67%.

MDLZ has been the topic of a number of research analyst reports. Goldman Sachs Group, Inc. (The) set a $53.00 target price on Mondelez International and gave the stock a “conviction-buy” rating in a research report on Wednesday, May 3rd. Deutsche Bank AG upgraded Mondelez International from a “hold” rating to a “buy” rating and upped their target price for the company from $49.00 to $51.00 in a research note on Wednesday, May 3rd. TheStreet upgraded Mondelez International from a “c” rating to a “b-” rating in a research note on Wednesday, April 26th. Credit Suisse Group reiterated a “buy” rating and issued a $50.00 target price on shares of Mondelez International in a research note on Tuesday, June 13th. Finally, Morgan Stanley increased their target price on Mondelez International from $48.00 to $50.00 and gave the stock an “overweight” rating in a report on Thursday, May 25th. Two analysts have rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $50.33.

In other Mondelez International news, EVP Maurizio Brusadelli sold 6,248 shares of the company’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $43.76, for a total transaction of $273,412.48. Following the completion of the sale, the executive vice president now owns 61,651 shares in the company, valued at approximately $2,697,847.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.60% of the company’s stock.

Mondelez International Company Profile

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.