6,449 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Acquired by Stevens Capital Management LP

Stevens Capital Management LP acquired a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 6,449 shares of the company’s stock, valued at approximately $467,000.

Several other large investors have also recently modified their holdings of MDLZ. Barclays PLC raised its stake in shares of Mondelez International by 48.8% during the 3rd quarter. Barclays PLC now owns 4,948,322 shares of the company’s stock worth $343,411,000 after acquiring an additional 1,623,588 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in shares of 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 worth $261,370,000 after acquiring an additional 1,159,900 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC bought 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 acquiring 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 acquiring an additional 838,651 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

NASDAQ MDLZ traded down $0.51 during mid-day trading on Thursday, reaching $70.80. 10,647,722 shares of the stock were exchanged, compared to its average volume of 7,919,617. The business’s 50 day moving average is $70.50 and its 200-day moving average is $70.56. Mondelez International, Inc. has a 1 year low of $60.75 and a 1 year high of $78.59. The company has a market capitalization of $95.33 billion, a P/E ratio of 19.49, a P/E/G ratio of 2.46 and a beta of 0.56. 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 (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $9.31 billion. During the same period in the prior year, the firm posted $0.73 earnings per share. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. On average, equities research analysts forecast that Mondelez International, Inc. will post 3.52 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Investors 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 yield of 2.40%. The ex-dividend date of this dividend was Wednesday, March 27th. Mondelez International’s dividend payout ratio (DPR) is presently 46.83%.

Wall Street Analyst Weigh In

Several analysts have weighed in on MDLZ shares. Stifel Nicolaus boosted their target price on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. StockNews.com downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Barclays dropped their target price on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, January 18th. Finally, Citigroup dropped their target price on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research report on Thursday, April 11th. One research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and a consensus price target of $80.89.

Mondelez International Profile

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.