M Holdings Securities Inc. Has $400,000 Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

M Holdings Securities Inc. grew its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ – Get Rating) by 4.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,293 shares of the company’s stock after buying an additional 311 shares during the period. M Holdings Securities Inc.’s holdings in Mondelez International were worth $400,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Mondelez International by 2.8% during the third quarter. Vanguard Group Inc. now owns 121,438,592 shares of the company’s stock worth $6,658,478,000 after purchasing an additional 3,301,344 shares during the period. BlackRock Inc. raised its position in shares of Mondelez International by 0.5% during the third quarter. BlackRock Inc. now owns 95,834,747 shares of the company’s stock worth $5,254,618,000 after purchasing an additional 438,398 shares during the period. State Street Corp raised its position in shares of Mondelez International by 0.6% during the third quarter. State Street Corp now owns 60,670,936 shares of the company’s stock worth $3,349,681,000 after purchasing an additional 363,764 shares during the period. Price T Rowe Associates Inc. MD raised its position in Mondelez International by 18.9% in the 3rd quarter. Price T Rowe Associates Inc. MD now owns 26,917,893 shares of the company’s stock valued at $1,476,488,000 after buying an additional 4,272,750 shares during the last quarter. Finally, FMR LLC raised its position in Mondelez International by 27.1% in the 2nd quarter. FMR LLC now owns 25,473,749 shares of the company’s stock valued at $1,581,665,000 after buying an additional 5,433,813 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Mondelez International Stock Up 0.2 %

MDLZ stock opened at $66.40 on Thursday. Mondelez International, Inc. has a fifty-two week low of $54.72 and a fifty-two week high of $68.81. The stock has a fifty day moving average of $65.73 and a 200-day moving average of $63.66. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.40 and a current ratio of 0.60. The company has a market capitalization of $90.52 billion, a price-to-earnings ratio of 33.88, a PEG ratio of 2.87 and a beta of 0.65.

Mondelez International (NASDAQ:MDLZ – Get Rating) last issued its earnings results on Tuesday, January 31st. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.70 by $0.03. Mondelez International had a return on equity of 15.04% and a net margin of 8.63%. The business had revenue of $8.70 billion during the quarter, compared to the consensus estimate of $8.30 billion. During the same quarter last year, the company earned $0.71 EPS. The firm’s revenue was up 13.5% compared to the same quarter last year. As a group, equities research analysts predict that Mondelez International, Inc. will post 3.17 earnings per share for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 14th. Stockholders of record on Friday, March 31st will be given a dividend of $0.385 per share. The ex-dividend date is Thursday, March 30th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 2.32%. Mondelez International’s dividend payout ratio (DPR) is presently 78.57%.

Analysts Set New Price Targets

MDLZ has been the subject of a number of analyst reports. Credit Suisse Group increased their price target on Mondelez International from $70.00 to $76.00 and gave the company an “outperform” rating in a research report on Wednesday, February 1st. Barclays upped their price objective on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Thursday, February 2nd. Royal Bank of Canada downgraded Mondelez International from an “outperform” rating to a “sector perform” rating and set a $69.00 price objective for the company. in a research note on Tuesday, January 3rd. UBS Group downgraded Mondelez International from a “buy” rating to a “neutral” rating and upped their price objective for the company from $70.00 to $71.00 in a research note on Thursday, December 8th. Finally, Wells Fargo & Company upped their price objective on Mondelez International from $75.00 to $77.00 and gave the company an “overweight” rating in a research note on Wednesday, February 1st. Five investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $73.06.

About Mondelez International

(Get Rating)

Mondelez International, Inc engages in the manufacture and marketing of snack food and beverage products. It operates through the following geographical segments: Latin America, Asia, Middle East, and Africa, Europe, and North America. Its products include beverages, biscuits, chocolate, gum and candy, cheese and grocery, and meals.