Barlow Wealth Partners Inc. Purchases 686 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Barlow Wealth Partners Inc. grew its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 15.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,255 shares of the company’s stock after purchasing an additional 686 shares during the quarter. Barlow Wealth Partners Inc.’s holdings in Mondelez International were worth $345,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Glass Jacobson Investment Advisors llc raised its position in Mondelez International by 6.7% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 2,681 shares of the company’s stock worth $160,000 after acquiring an additional 168 shares during the period. Sound Income Strategies LLC increased its stake in shares of Mondelez International by 11.1% in the 1st quarter. Sound Income Strategies LLC now owns 1,688 shares of the company’s stock worth $115,000 after purchasing an additional 168 shares in the last quarter. Baker Avenue Asset Management LP increased its stake in shares of Mondelez International by 4.2% in the 4th quarter. Baker Avenue Asset Management LP now owns 4,763 shares of the company’s stock worth $284,000 after purchasing an additional 193 shares in the last quarter. City Holding Co. raised its holdings in Mondelez International by 28.0% in the 1st quarter. City Holding Co. now owns 896 shares of the company’s stock worth $61,000 after purchasing an additional 196 shares during the period. Finally, Headinvest LLC lifted its position in Mondelez International by 1.1% during the fourth quarter. Headinvest LLC now owns 18,193 shares of the company’s stock valued at $1,087,000 after purchasing an additional 197 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $69.56 on Thursday. The company has a market cap of $90.07 billion, a P/E ratio of 25.86, a P/E/G ratio of 5.34 and a beta of 0.48. Mondelez International, Inc. has a 52-week low of $53.95 and a 52-week high of $76.06. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.40 and a current ratio of 0.61. The firm’s fifty day moving average is $66.78 and its two-hundred day moving average is $63.86.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.07. The firm had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.37 billion. Mondelez International had a return on equity of 15.94% and a net margin of 9.90%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter last year, the business posted $0.93 earnings per share. As a group, analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International’s payout ratio is 69.89%.

Analyst Upgrades and Downgrades

A number of analysts have commented on MDLZ shares. Stifel Nicolaus upped their price target on Mondelez International from $70.00 to $73.00 and gave the stock a “buy” rating in a research report on Wednesday, April 30th. DA Davidson cut Mondelez International from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $66.00 to $68.00 in a research report on Thursday, April 24th. Barclays increased their target price on shares of Mondelez International from $71.00 to $74.00 and gave the stock an “overweight” rating in a report on Thursday, May 1st. Evercore ISI raised their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 23rd. Finally, Wells Fargo & Company raised shares of Mondelez International from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $68.00 to $78.00 in a report on Friday, June 20th. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $70.63.

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.