Y.D. More Investments Ltd Purchases 1,902 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Y.D. More Investments Ltd lifted its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 5.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 38,519 shares of the company’s stock after acquiring an additional 1,902 shares during the quarter. Y.D. More Investments Ltd’s holdings in Mondelez International were worth $2,789,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Carmel Capital Partners LLC purchased a new position in Mondelez International in the 3rd quarter valued at approximately $28,000. First Command Advisory Services Inc. purchased a new stake in Mondelez International during the 3rd quarter worth about $29,000. HHM Wealth Advisors LLC bought a new position in Mondelez International in the 4th quarter worth about $29,000. Orion Capital Management LLC purchased a new position in Mondelez International during the 3rd quarter valued at about $35,000. Finally, Legacy Financial Group LLC bought a new stake in shares of Mondelez International during the third quarter valued at about $45,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on MDLZ. Sanford C. Bernstein boosted their price objective on shares of Mondelez International from $88.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday. Citigroup decreased their price target on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a report on Thursday, April 11th. StockNews.com lowered Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Barclays decreased their target price on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. One investment analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $81.06.

Mondelez International Trading Down 1.7 %

Shares of MDLZ traded down $1.25 during mid-day trading on Wednesday, reaching $70.69. The company’s stock had a trading volume of 11,197,061 shares, compared to its average volume of 7,993,059. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 52 week low of $60.75 and a 52 week high of $78.54. The company’s fifty day moving average price is $70.42 and its two-hundred day moving average price is $70.87. The stock has a market cap of $95.18 billion, a PE ratio of 19.50, a P/E/G ratio of 2.50 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. The business had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.16 billion. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The company’s revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.89 earnings per share. On average, analysts predict that Mondelez International, Inc. will post 3.51 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 paid a $0.425 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 dividend on an annualized basis and a yield of 2.40%. Mondelez International’s dividend payout ratio (DPR) is currently 46.83%.

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.