Cwm LLC Increases Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Cwm LLC raised its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 22.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,042 shares of the company’s stock after buying an additional 13,536 shares during the quarter. Cwm LLC’s holdings in Mondelez International were worth $5,435,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MDLZ. Barclays PLC grew its position in Mondelez International by 48.8% during the third quarter. Barclays PLC now owns 4,948,322 shares of the company’s stock worth $343,411,000 after buying an additional 1,623,588 shares in the last quarter. Canada Pension Plan Investment Board grew its position in Mondelez International by 44.5% during the third quarter. Canada Pension Plan Investment Board now owns 3,766,132 shares of the company’s stock worth $261,370,000 after buying an additional 1,159,900 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC purchased a new position in Mondelez International during the third quarter worth about $71,311,000. Envestnet Asset Management Inc. grew its position in Mondelez International by 38.1% during the third quarter. Envestnet Asset Management Inc. now owns 3,264,142 shares of the company’s stock worth $226,531,000 after buying an additional 900,445 shares in the last quarter. Finally, Burgundy Asset Management Ltd. grew its position in Mondelez International by 52.7% during the third quarter. Burgundy Asset Management Ltd. now owns 2,430,258 shares of the company’s stock worth $168,660,000 after buying an additional 838,651 shares in the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. JPMorgan Chase & Co. reduced their target price on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft upped 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. Stifel Nicolaus upped 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. Finally, Citigroup cut their price objective on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, April 11th. One investment analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $80.89.

Mondelez International Trading Up 1.9 %

NASDAQ MDLZ opened at $70.75 on Wednesday. Mondelez International, Inc. has a 1-year low of $60.75 and a 1-year high of $78.59. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60. The stock has a 50-day moving average of $70.50 and a 200-day moving average of $70.56. The firm has a market cap of $95.26 billion, a PE ratio of 19.49, a price-to-earnings-growth ratio of 2.41 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $9.31 billion. During the same quarter in the previous year, the company posted $0.73 EPS. Mondelez International’s revenue for the quarter was up 7.1% on a year-over-year basis. As a group, sell-side analysts forecast that Mondelez International, Inc. will post 3.52 EPS for the current year.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date was Wednesday, March 27th. Mondelez International’s dividend payout ratio (DPR) is presently 46.83%.

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.