860 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Purchased by Wetzel Investment Advisors Inc.

Wetzel Investment Advisors Inc. acquired a new position in Mondelez International, Inc. (NASDAQ:MDLZ) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 860 shares of the company’s stock, valued at approximately $62,000.

Several other institutional investors also recently bought and sold shares of MDLZ. Tyler Stone Wealth Management acquired a new stake in shares of Mondelez International in the second quarter worth approximately $25,000. Retirement Group LLC purchased a new position in Mondelez International in the 4th quarter valued at $25,000. Carmel Capital Partners LLC acquired a new stake in Mondelez International during the 3rd quarter worth $28,000. First Command Advisory Services Inc. acquired a new stake in Mondelez International during the 3rd quarter worth $29,000. Finally, Orion Capital Management LLC purchased a new stake in shares of Mondelez International during the third quarter worth $35,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on MDLZ shares. Citigroup decreased their price target on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research note on Thursday, April 11th. StockNews.com lowered Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. JPMorgan Chase & Co. reduced their price objective on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Barclays lowered their price objective on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. One analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $80.89.

Mondelez International Price Performance

Mondelez International stock opened at $68.11 on Friday. The company’s 50 day simple moving average is $70.60 and its 200-day simple moving average is $70.46. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.43 and a current ratio of 0.62. Mondelez International, Inc. has a 1 year low of $60.75 and a 1 year high of $78.59. The company has a market capitalization of $91.71 billion, a price-to-earnings ratio of 18.76, a price-to-earnings-growth ratio of 2.37 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $9.31 billion. During the same quarter in the previous year, the company earned $0.73 earnings per share. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. As a group, equities research analysts expect that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend was Wednesday, March 27th. Mondelez International’s payout ratio is 46.83%.

About Mondelez International

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.