Mondelez International, Inc. (NASDAQ:MDLZ) Shares Bought by Ellenbecker Investment Group

Ellenbecker Investment Group boosted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 111.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,730 shares of the company’s stock after buying an additional 3,025 shares during the quarter. Ellenbecker Investment Group’s holdings in Mondelez International were worth $415,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors raised its holdings in Mondelez International by 4.1% in the third quarter. Arkadios Wealth Advisors now owns 4,421 shares of the company’s stock valued at $307,000 after acquiring an additional 176 shares in the last quarter. Ziegler Capital Management LLC raised its stake in shares of Mondelez International by 2.8% in the 3rd quarter. Ziegler Capital Management LLC now owns 101,733 shares of the company’s stock valued at $7,060,000 after purchasing an additional 2,807 shares in the last quarter. Flagship Harbor Advisors LLC lifted its position in shares of Mondelez International by 7.8% during the third quarter. Flagship Harbor Advisors LLC now owns 6,074 shares of the company’s stock worth $422,000 after purchasing an additional 437 shares during the last quarter. Impact Partnership Wealth LLC grew its stake in Mondelez International by 1,865.6% in the third quarter. Impact Partnership Wealth LLC now owns 629 shares of the company’s stock worth $44,000 after purchasing an additional 597 shares in the last quarter. Finally, Founders Financial Securities LLC increased its holdings in Mondelez International by 4.4% in the third quarter. Founders Financial Securities LLC now owns 17,565 shares of the company’s stock valued at $1,219,000 after buying an additional 746 shares during the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on MDLZ shares. Citigroup lowered their target price 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. Deutsche Bank Aktiengesellschaft boosted their price objective on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, January 18th. JPMorgan Chase & Co. cut their target price on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Stifel Nicolaus boosted their price target on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a report on Thursday, January 25th. Finally, Barclays dropped their price objective on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. One equities research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.89.

Mondelez International Stock Up 1.9 %

Shares of NASDAQ MDLZ traded up $1.34 during mid-day trading on Tuesday, reaching $70.75. The company had a trading volume of 15,793,319 shares, compared to its average volume of 7,772,127. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.43 and a current ratio of 0.62. Mondelez International, Inc. has a twelve month low of $60.75 and a twelve month high of $78.59. The stock’s 50 day moving average is $70.52 and its 200-day moving average is $70.51. The stock has a market capitalization of $95.26 billion, a PE ratio of 19.30, a price-to-earnings-growth ratio of 2.37 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The firm had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.31 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. The firm’s revenue was up 7.1% on a year-over-year basis. As a group, equities analysts anticipate that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were issued a dividend of $0.425 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 annualized dividend and a yield of 2.40%. Mondelez International’s dividend payout ratio (DPR) is presently 46.83%.

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.