417 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Purchased by Lynx Investment Advisory

Lynx Investment Advisory acquired a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 417 shares of the company’s stock, valued at approximately $27,000.

Several other institutional investors also recently bought and sold shares of MDLZ. Vanguard Group Inc. increased its holdings in shares of Mondelez International by 5.4% in the first quarter. Vanguard Group Inc. now owns 130,765,846 shares of the company’s stock worth $9,153,609,000 after purchasing an additional 6,696,897 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Mondelez International by 4.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 36,406,133 shares of the company’s stock worth $2,636,897,000 after buying an additional 1,686,229 shares during the period. Capital Research Global Investors lifted its holdings in Mondelez International by 7.3% during the first quarter. Capital Research Global Investors now owns 32,497,024 shares of the company’s stock worth $2,274,792,000 after buying an additional 2,206,023 shares during the period. Capital World Investors lifted its holdings in shares of Mondelez International by 2.2% during the 4th quarter. Capital World Investors now owns 21,562,411 shares of the company’s stock valued at $1,561,765,000 after purchasing an additional 463,738 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Mondelez International during the 4th quarter valued at $1,231,413,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MDLZ has been the topic of several recent analyst reports. DA Davidson lowered their target price on shares of Mondelez International from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday, July 31st. Stifel Nicolaus dropped their target price on shares of Mondelez International from $80.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, July 23rd. JPMorgan Chase & Co. lifted their target price on shares of Mondelez International from $72.00 to $73.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st. Sanford C. Bernstein dropped their price target on shares of Mondelez International from $90.00 to $88.00 and set an “outperform” rating for the company in a research note on Wednesday, July 17th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Mondelez International from $78.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. One equities research analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $79.06.

Mondelez International Price Performance

Shares of MDLZ stock traded up $1.00 during trading hours on Wednesday, hitting $69.46. The company had a trading volume of 2,030,252 shares, compared to its average volume of 7,247,621. Mondelez International, Inc. has a 12 month low of $60.75 and a 12 month high of $77.20. The firm has a market capitalization of $93.17 billion, a price-to-earnings ratio of 22.08, a PEG ratio of 2.76 and a beta of 0.53. The firm’s fifty day moving average is $66.84 and its 200 day moving average is $69.72. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.63 and a current ratio of 0.68.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.07. Mondelez International had a return on equity of 16.69% and a net margin of 10.97%. The company had revenue of $8.34 billion for the quarter, compared to the consensus estimate of $8.45 billion. During the same quarter in the prior year, the business posted $0.76 EPS. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. On average, sell-side analysts predict that Mondelez International, Inc. will post 3.49 EPS for the current fiscal year.

Mondelez International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 14th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, September 30th. This is a boost from Mondelez International’s previous quarterly dividend of $0.43. This represents a $1.88 annualized dividend and a dividend yield of 2.71%. Mondelez International’s dividend payout ratio (DPR) is currently 59.68%.

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.