Checchi Capital Advisers LLC Purchases 160 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Checchi Capital Advisers LLC increased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 1.0% in the first quarter, HoldingsChannel reports. The firm owned 15,959 shares of the company’s stock after buying an additional 160 shares during the period. Checchi Capital Advisers LLC’s holdings in Mondelez International were worth $1,083,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Glass Jacobson Investment Advisors llc boosted its stake in shares of Mondelez International by 6.7% during the 4th 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 boosted its holdings in shares of Mondelez International by 11.1% during the 1st quarter. Sound Income Strategies LLC now owns 1,688 shares of the company’s stock worth $115,000 after buying an additional 168 shares during the period. Baker Avenue Asset Management LP boosted its holdings in shares of Mondelez International by 4.2% during the fourth quarter. Baker Avenue Asset Management LP now owns 4,763 shares of the company’s stock worth $284,000 after acquiring an additional 193 shares during the period. City Holding Co. boosted its stake in Mondelez International by 28.0% in the 1st quarter. City Holding Co. now owns 896 shares of the company’s stock valued at $61,000 after purchasing an additional 196 shares during the period. Finally, Headinvest LLC boosted its position in shares of Mondelez International by 1.1% in the fourth quarter. Headinvest LLC now owns 18,193 shares of the company’s stock valued at $1,087,000 after acquiring an additional 197 shares during the period. Institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Down 0.8%

Shares of Mondelez International stock opened at $69.02 on Friday. The firm has a market capitalization of $89.36 billion, a PE ratio of 25.66, a price-to-earnings-growth ratio of 5.39 and a beta of 0.48. The company has a current ratio of 0.61, a quick ratio of 0.40 and a debt-to-equity ratio of 0.61. The firm’s 50 day moving average is $66.85 and its 200 day moving average is $63.92. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $76.06.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.07. The company had revenue of $9.31 billion during the quarter, compared to analysts’ expectations of $9.37 billion. Mondelez International had a return on equity of 15.94% and a net margin of 9.90%. Mondelez International’s revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.93 EPS. Equities research analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.72%. The ex-dividend date is Monday, June 30th. Mondelez International’s dividend payout ratio (DPR) is currently 69.89%.

Analysts Set New Price Targets

A number of research firms recently commented on MDLZ. Piper Sandler raised their price target on shares of Mondelez International from $59.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 9th. Morgan Stanley raised their target price on shares of Mondelez International from $69.00 to $72.00 and gave the stock an “overweight” rating in a report on Wednesday, April 30th. Stifel Nicolaus boosted their price target on Mondelez International from $70.00 to $73.00 and gave the company a “buy” rating in a research note on Wednesday, April 30th. DA Davidson lowered Mondelez International from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $66.00 to $68.00 in a research note on Thursday, April 24th. Finally, UBS Group upped their target price on Mondelez International from $60.00 to $69.00 and gave the company a “neutral” rating in a research report on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $70.63.

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.