Schwarz Dygos Wheeler Investment Advisors LLC Has $343,000 Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Schwarz Dygos Wheeler Investment Advisors LLC lifted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 11.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,732 shares of the company’s stock after purchasing an additional 479 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Mondelez International were worth $343,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of MDLZ. Northern Trust Corp lifted its holdings in Mondelez International by 1.8% in the third quarter. Northern Trust Corp now owns 17,099,636 shares of the company’s stock valued at $1,186,715,000 after buying an additional 303,965 shares during the period. Bank of New York Mellon Corp increased its stake in Mondelez International by 0.6% in the third quarter. Bank of New York Mellon Corp now owns 11,872,797 shares of the company’s stock valued at $823,972,000 after purchasing an additional 65,976 shares in the last quarter. Invesco Ltd. increased its stake in Mondelez International by 9.2% in the third quarter. Invesco Ltd. now owns 7,721,800 shares of the company’s stock valued at $535,893,000 after purchasing an additional 648,270 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Mondelez International by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 7,271,547 shares of the company’s stock valued at $504,645,000 after purchasing an additional 69,381 shares in the last quarter. Finally, California Public Employees Retirement System increased its stake in Mondelez International by 7.8% in the fourth quarter. California Public Employees Retirement System now owns 6,235,276 shares of the company’s stock valued at $451,621,000 after purchasing an additional 450,459 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Price Performance

Shares of Mondelez International stock traded down $0.19 during midday trading on Friday, hitting $70.61. 7,145,125 shares of the company traded hands, compared to its average volume of 9,491,838. The stock has a market cap of $95.07 billion, a price-to-earnings ratio of 19.45, a PEG 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. The firm’s fifty day moving average price is $70.45 and its 200-day moving average price is $70.61. Mondelez International, Inc. has a 12 month low of $60.75 and a 12 month high of $78.59.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.06. The business had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.31 billion. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. Mondelez International’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.73 EPS. As a group, sell-side analysts forecast that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were paid a dividend of $0.425 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.70 dividend on an annualized basis and a yield of 2.41%. Mondelez International’s dividend payout ratio (DPR) is presently 46.83%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Stifel Nicolaus increased their price objective 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. Deutsche Bank Aktiengesellschaft increased their price objective 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. Barclays lowered 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 report on Friday, April 12th. StockNews.com downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Citigroup lowered 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 report on Thursday, April 11th. One investment analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.89.

Mondelez International Company 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.