Orion Portfolio Solutions LLC Acquires 3,351 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Orion Portfolio Solutions LLC increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 79,339 shares of the company’s stock after acquiring an additional 3,351 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Mondelez International were worth $5,848,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MDLZ. Northern Trust Corp raised its position in shares of Mondelez International by 1.8% during the third quarter. Northern Trust Corp now owns 17,099,636 shares of the company’s stock valued at $1,186,715,000 after buying an additional 303,965 shares during the last quarter. Norges Bank acquired a new stake in shares of Mondelez International during the 4th quarter worth approximately $1,231,413,000. Invesco Ltd. increased its position in shares of Mondelez International by 9.2% during the third quarter. Invesco Ltd. now owns 7,721,800 shares of the company’s stock valued at $535,893,000 after purchasing an additional 648,270 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Mondelez International by 5.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,495,895 shares of the company’s stock valued at $542,922,000 after purchasing an additional 396,849 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Mondelez International by 1.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,399,451 shares of the company’s stock worth $535,942,000 after purchasing an additional 127,904 shares during the period. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Stock Down 0.8 %

NASDAQ:MDLZ opened at $68.30 on Monday. The company has a market cap of $91.61 billion, a price-to-earnings ratio of 21.68, a P/E/G ratio of 2.53 and a beta of 0.55. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.63 and a current ratio of 0.77. The stock’s fifty day moving average price is $69.81 and its two-hundred day moving average price is $71.46. Mondelez International, Inc. has a 52-week low of $60.75 and a 52-week high of $77.20.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The company had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.16 billion. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.89 earnings per share. On average, analysts anticipate that Mondelez International, Inc. will post 3.5 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be given a dividend of $0.425 per share. The ex-dividend date is Friday, June 28th. This represents a $1.70 dividend on an annualized basis and a yield of 2.49%. Mondelez International’s payout ratio is presently 53.97%.

Analysts Set New Price Targets

A number of research firms recently weighed in on MDLZ. Sanford C. Bernstein upped their target price on shares of Mondelez International from $88.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday, May 1st. Citigroup dropped their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, April 11th. JPMorgan Chase & Co. decreased their price target on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Barclays dropped their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. Finally, StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. One research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $80.75.

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.