Cwm LLC Buys 13,536 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Cwm LLC lifted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 22.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 75,042 shares of the company’s stock after purchasing an additional 13,536 shares during the period. Cwm LLC’s holdings in Mondelez International were worth $5,435,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Barclays PLC raised its stake in Mondelez International by 48.8% in the 3rd quarter. Barclays PLC now owns 4,948,322 shares of the company’s stock valued at $343,411,000 after acquiring an additional 1,623,588 shares during the period. Canada Pension Plan Investment Board raised its stake in Mondelez International by 44.5% in the 3rd quarter. Canada Pension Plan Investment Board now owns 3,766,132 shares of the company’s stock valued at $261,370,000 after acquiring an additional 1,159,900 shares during the period. J.P. Morgan Private Wealth Advisors LLC bought a new stake in Mondelez International in the 3rd quarter valued at $71,311,000. Envestnet Asset Management Inc. raised its stake in Mondelez International by 38.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,264,142 shares of the company’s stock valued at $226,531,000 after acquiring an additional 900,445 shares during the period. Finally, Burgundy Asset Management Ltd. raised its stake in Mondelez International by 52.7% in the 3rd quarter. Burgundy Asset Management Ltd. now owns 2,430,258 shares of the company’s stock valued at $168,660,000 after acquiring an additional 838,651 shares during the period. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

MDLZ opened at $70.75 on Wednesday. The firm has a market cap of $95.26 billion, a P/E ratio of 19.49, a price-to-earnings-growth ratio of 2.41 and a beta of 0.56. Mondelez International, Inc. has a 52-week low of $60.75 and a 52-week high of $78.59. 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 business’s fifty day moving average is $70.50 and its 200-day moving average is $70.56.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 earnings per share for the quarter, topping 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 business had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.31 billion. During the same period in the prior year, the company earned $0.73 EPS. Mondelez International’s revenue for the quarter was up 7.1% on a year-over-year basis. Sell-side analysts expect that Mondelez International, Inc. will post 3.52 EPS for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were given a dividend of $0.425 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.70 annualized dividend and a dividend yield of 2.40%. Mondelez International’s dividend payout ratio is currently 46.83%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on MDLZ. Deutsche Bank Aktiengesellschaft increased their price target on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, January 18th. StockNews.com lowered Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Barclays decreased their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Stifel Nicolaus upped their price objective on Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a report on Thursday, January 25th. Finally, Citigroup decreased their price objective on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a report on Thursday, April 11th. One research analyst has rated the stock with a hold rating and fourteen have issued 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 $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.