Mondelez International, Inc. (NASDAQ:MDLZ) Shares Purchased by Valley National Advisers Inc.

Valley National Advisers Inc. raised its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 22.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,749 shares of the company’s stock after acquiring an additional 1,815 shares during the period. Valley National Advisers Inc.’s holdings in Mondelez International were worth $705,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC raised its stake in shares of Mondelez International by 116,165.4% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 23,389,107 shares of the company’s stock worth $1,558,884,000 after buying an additional 23,368,990 shares in the last quarter. Norges Bank purchased a new position in shares of Mondelez International during the 4th quarter worth approximately $981,319,000. Morgan Stanley increased its stake in Mondelez International by 25.8% in the 4th quarter. Morgan Stanley now owns 22,750,267 shares of the company’s stock valued at $1,516,305,000 after purchasing an additional 4,663,166 shares in the last quarter. Holocene Advisors LP acquired a new stake in Mondelez International during the 2nd quarter valued at $247,138,000. Finally, Renaissance Technologies LLC grew its holdings in Mondelez International by 759.1% during the 1st quarter. Renaissance Technologies LLC now owns 3,035,298 shares of the company’s stock valued at $190,556,000 after buying an additional 2,682,000 shares during the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on MDLZ. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Barclays raised their price objective on Mondelez International from $79.00 to $80.00 and gave the stock an “overweight” rating in a report on Tuesday, January 16th. Stifel Nicolaus raised their price objective on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Citigroup assumed coverage on Mondelez International in a report on Thursday, February 1st. They set a “buy” rating and a $87.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft raised 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 equities 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.37.

Mondelez International Trading Down 0.6 %

NASDAQ:MDLZ opened at $67.60 on Tuesday. The business’s 50-day moving average is $72.13 and its two-hundred day moving average is $70.64. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.62 and a quick ratio of 0.43. Mondelez International, Inc. has a 12 month low of $60.75 and a 12 month high of $78.59. The firm has a market capitalization of $92.00 billion, a PE ratio of 18.62, a price-to-earnings-growth ratio of 2.31 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.78 by $0.06. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The company had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.31 billion. During the same period last year, the company posted $0.73 earnings per share. The firm’s revenue was up 7.1% compared to the same quarter last year. Research analysts predict that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend is Wednesday, March 27th. Mondelez International’s payout ratio is 46.83%.

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.