Kera Capital Partners Inc. Buys New Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Kera Capital Partners Inc. bought a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,046 shares of the company’s stock, valued at approximately $275,000.

Other large investors have also bought and sold shares of the company. SG Americas Securities LLC grew its holdings in shares of Mondelez International by 215.3% in the fourth quarter. SG Americas Securities LLC now owns 18,961 shares of the company’s stock worth $1,133,000 after purchasing an additional 12,948 shares during the last quarter. Brighton Jones LLC lifted its stake in Mondelez International by 92.4% in the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after acquiring an additional 7,025 shares during the period. RFG Advisory LLC boosted its stake in shares of Mondelez International by 12.9% during the 4th quarter. RFG Advisory LLC now owns 5,417 shares of the company’s stock valued at $324,000 after purchasing an additional 619 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of Mondelez International by 13.7% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 7,993 shares of the company’s stock worth $477,000 after acquiring an additional 965 shares during the period. Finally, Union Bancaire Privee UBP SA bought a new position in Mondelez International in the fourth quarter worth $113,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MDLZ has been the topic of several recent analyst reports. The Goldman Sachs Group cut their target price on Mondelez International from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. DZ Bank cut Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 price target on the stock. in a report on Friday, February 7th. Morgan Stanley raised their price target on Mondelez International from $69.00 to $72.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 30th. Evercore ISI upped their price objective on Mondelez International from $67.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, April 23rd. Finally, Wells Fargo & Company increased their target price on Mondelez International from $64.00 to $68.00 and gave the company an “equal weight” rating in a report on Wednesday, April 2nd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $70.55.

Mondelez International Stock Performance

NASDAQ:MDLZ opened at $66.62 on Thursday. The stock has a 50-day moving average price of $66.39 and a 200 day moving average price of $63.31. The stock has a market capitalization of $86.26 billion, a P/E ratio of 19.48, a P/E/G ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.07. The business had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.37 billion. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.93 EPS. Equities research analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.88 dividend on an annualized basis and a yield of 2.82%. Mondelez International’s dividend payout ratio is currently 69.89%.

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.