Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by Toth Financial Advisory Corp

Toth Financial Advisory Corp increased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 0.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 138,265 shares of the company’s stock after acquiring an additional 976 shares during the quarter. Mondelez International makes up about 1.2% of Toth Financial Advisory Corp’s holdings, making the stock its 25th biggest position. Toth Financial Advisory Corp’s holdings in Mondelez International were worth $9,679,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Bogart Wealth LLC grew its position in Mondelez International by 63.9% in the 4th quarter. Bogart Wealth LLC now owns 359 shares of the company’s stock valued at $26,000 after buying an additional 140 shares during the last quarter. Ables Iannone Moore & Associates Inc. purchased a new stake in shares of Mondelez International during the 4th quarter worth $26,000. HHM Wealth Advisors LLC purchased a new stake in shares of Mondelez International during the 4th quarter worth $29,000. Transcendent Capital Group LLC purchased a new stake in shares of Mondelez International during the 4th quarter worth $34,000. Finally, Orion Capital Management LLC purchased a new stake in shares of Mondelez International during the 3rd quarter worth $35,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MDLZ has been the topic of several research analyst reports. Evercore ISI decreased their target price on shares of Mondelez International from $80.00 to $79.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 4th. TD Cowen cut their price target on Mondelez International from $83.00 to $79.00 and set a “buy” rating for the company in a research note on Thursday, June 6th. JPMorgan Chase & Co. cut their price target on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. Citigroup cut their price target on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research note on Thursday, April 11th. Finally, Sanford C. Bernstein lifted their price target on Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. One investment analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $80.22.

Mondelez International Stock Down 1.1 %

NASDAQ MDLZ traded down $0.73 on Friday, reaching $65.44. The company had a trading volume of 10,899,642 shares, compared to its average volume of 5,805,895. The firm has a market capitalization of $87.78 billion, a PE ratio of 20.77, a P/E/G ratio of 2.55 and a beta of 0.54. Mondelez International, Inc. has a 1 year low of $60.75 and a 1 year high of $77.20. The firm has a 50-day moving average of $68.89 and a 200-day moving average of $70.81. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.63.

Mondelez International (NASDAQ:MDLZ) last released its quarterly 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 firm had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.16 billion. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. Mondelez International’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.89 EPS. On average, equities research analysts anticipate that Mondelez International, Inc. will post 3.49 EPS for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend is Friday, June 28th. Mondelez International’s dividend payout ratio (DPR) is currently 53.97%.

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.