Philadelphia Trust Co. Boosts Stake in Mondelez International, Inc. (NASDAQ:MDLZ)

Philadelphia Trust Co. raised its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 5.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,214 shares of the company’s stock after buying an additional 500 shares during the quarter. Philadelphia Trust Co.’s holdings in Mondelez International were worth $550,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in MDLZ. MML Investors Services LLC grew its stake in shares of Mondelez International by 1.3% in the 3rd quarter. MML Investors Services LLC now owns 69,108 shares of the company’s stock worth $5,091,000 after buying an additional 916 shares in the last quarter. TD Private Client Wealth LLC grew its position in Mondelez International by 14.1% in the third quarter. TD Private Client Wealth LLC now owns 16,585 shares of the company’s stock worth $1,222,000 after acquiring an additional 2,051 shares in the last quarter. Diamant Asset Management Inc. increased its stake in Mondelez International by 27.6% during the third quarter. Diamant Asset Management Inc. now owns 3,978 shares of the company’s stock worth $293,000 after acquiring an additional 860 shares during the last quarter. Pine Valley Investments Ltd Liability Co lifted its stake in shares of Mondelez International by 13.6% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 14,088 shares of the company’s stock valued at $1,042,000 after purchasing an additional 1,686 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in shares of Mondelez International by 18.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 319,819 shares of the company’s stock valued at $23,561,000 after purchasing an additional 49,871 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Up 1.6 %

Shares of NASDAQ MDLZ opened at $67.05 on Friday. The stock has a market capitalization of $86.73 billion, a PE ratio of 19.61, a price-to-earnings-growth ratio of 4.34 and a beta of 0.47. 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, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06. The stock’s fifty day simple moving average is $64.38 and its two-hundred day simple moving average is $64.18.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. As a group, analysts expect that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be given a dividend of $0.47 per share. The ex-dividend date is Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a yield of 2.80%. Mondelez International’s payout ratio is 54.97%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on MDLZ shares. Dbs Bank lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 7th. Morgan Stanley started coverage on shares of Mondelez International in a report on Monday, March 24th. They issued an “overweight” rating and a $69.00 target price for the company. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating on the stock in a research report on Wednesday, January 22nd. UBS Group dropped their target price on Mondelez International from $76.00 to $63.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Finally, Argus downgraded Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 21st. One analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Mondelez International has an average rating of “Moderate Buy” and an average target price of $70.50.

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.