Mondelez International, Inc. (NASDAQ:MDLZ) Stock Position Increased by Ossiam

Ossiam increased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 121.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,049 shares of the company’s stock after purchasing an additional 30,687 shares during the quarter. Ossiam’s holdings in Mondelez International were worth $3,348,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Marshall Investment Management LLC acquired a new position in shares of Mondelez International in the 4th quarter valued at $26,000. Hager Investment Management Services LLC purchased a new stake in Mondelez International during the fourth quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Mondelez International in the fourth quarter worth about $31,000. McClarren Financial Advisors Inc. acquired a new position in shares of Mondelez International in the fourth quarter worth about $32,000. Finally, Sierra Ocean LLC purchased a new position in shares of Mondelez International in the fourth quarter worth approximately $32,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of Mondelez International stock opened at $67.32 on Friday. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06. The firm has a fifty day simple moving average of $65.25 and a 200-day simple moving average of $63.96. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $87.08 billion, a price-to-earnings ratio of 19.68, a PEG ratio of 4.34 and a beta of 0.47.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. On average, sell-side analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, March 31st were given a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 2.79%. The ex-dividend date was Monday, March 31st. Mondelez International’s dividend payout ratio is currently 54.97%.

Analysts Set New Price Targets

MDLZ has been the subject of a number of recent analyst reports. DZ Bank lowered shares of Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 price objective for the company. in a research note on Friday, February 7th. Citigroup lowered their price target on Mondelez International from $78.00 to $71.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Argus downgraded Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 21st. Piper Sandler upped their target price on Mondelez International from $59.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 9th. Finally, The Goldman Sachs Group decreased their price target on shares of Mondelez International from $68.00 to $60.00 and set a “buy” rating for the company in a report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $70.80.

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.