Point72 Asia Hong Kong Ltd Takes Position in MONDELEZ INTERNATIONAL INC Common Stock (MDLZ)

Point72 Asia Hong Kong Ltd purchased a new position in MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,538 shares of the company’s stock, valued at approximately $356,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Financial Counselors Inc. increased its holdings in shares of MONDELEZ INTERNATIONAL INC Common Stock by 3.3% in the fourth quarter. Financial Counselors Inc. now owns 37,460 shares of the company’s stock worth $1,603,000 after purchasing an additional 1,208 shares during the period. Salem Investment Counselors Inc. grew its position in MONDELEZ INTERNATIONAL INC Common Stock by 2.0% in the fourth quarter. Salem Investment Counselors Inc. now owns 61,977 shares of the company’s stock worth $2,653,000 after acquiring an additional 1,235 shares in the last quarter. Vident Investment Advisory LLC grew its position in MONDELEZ INTERNATIONAL INC Common Stock by 14.1% in the fourth quarter. Vident Investment Advisory LLC now owns 10,771 shares of the company’s stock worth $461,000 after acquiring an additional 1,334 shares in the last quarter. Dupont Capital Management Corp grew its position in MONDELEZ INTERNATIONAL INC Common Stock by 0.6% in the first quarter. Dupont Capital Management Corp now owns 244,213 shares of the company’s stock worth $10,191,000 after acquiring an additional 1,381 shares in the last quarter. Finally, Weik Capital Management grew its position in MONDELEZ INTERNATIONAL INC Common Stock by 5.0% in the first quarter. Weik Capital Management now owns 29,035 shares of the company’s stock worth $1,212,000 after acquiring an additional 1,385 shares in the last quarter. 75.81% of the stock is currently owned by hedge funds and other institutional investors.

MONDELEZ INTERNATIONAL INC Common Stock opened at $40.14 on Thursday, according to MarketBeat.com. The company has a quick ratio of 0.34, a current ratio of 0.50 and a debt-to-equity ratio of 0.50. MONDELEZ INTERNATIONAL INC Common Stock has a 12-month low of $37.42 and a 12-month high of $46.54. The stock has a market cap of $59.34 billion, a price-to-earnings ratio of 18.76, a price-to-earnings-growth ratio of 1.38 and a beta of 0.89.

MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, May 1st. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.01. MONDELEZ INTERNATIONAL INC Common Stock had a net margin of 12.31% and a return on equity of 13.04%. The business had revenue of $6.77 billion during the quarter, compared to analyst estimates of $6.65 billion. During the same period in the prior year, the business posted $0.53 earnings per share. The company’s revenue was up 5.5% on a year-over-year basis. sell-side analysts predict that MONDELEZ INTERNATIONAL INC Common Stock will post 2.45 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 13th. Shareholders of record on Friday, June 29th will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, June 28th. This represents a $0.88 annualized dividend and a yield of 2.19%. MONDELEZ INTERNATIONAL INC Common Stock’s payout ratio is 41.12%.

Several brokerages recently issued reports on MDLZ. BidaskClub upgraded shares of MONDELEZ INTERNATIONAL INC Common Stock from a “strong sell” rating to a “sell” rating in a research report on Wednesday. Credit Suisse Group set a $48.00 target price on shares of MONDELEZ INTERNATIONAL INC Common Stock and gave the stock a “buy” rating in a research report on Sunday, April 29th. Zacks Investment Research upgraded shares of MONDELEZ INTERNATIONAL INC Common Stock from a “sell” rating to a “hold” rating in a research report on Monday, May 7th. Morgan Stanley cut their target price on shares of MONDELEZ INTERNATIONAL INC Common Stock from $50.00 to $48.00 and set an “overweight” rating for the company in a research report on Wednesday, May 2nd. Finally, Stifel Nicolaus cut their target price on shares of MONDELEZ INTERNATIONAL INC Common Stock from $45.00 to $43.00 and set a “hold” rating for the company in a research report on Wednesday, May 2nd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $49.53.

About MONDELEZ INTERNATIONAL INC Common Stock

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; gums and candies; coffee and powdered beverages; and cheese and grocery products. The company's primary snack brand portfolio includes Nabisco, Oreo, LU, and belVita biscuits; Cadbury, Milka, Cadbury Dairy Milk, and Toblerone chocolates; Trident gums; Halls candies; and Tang powdered beverages.

Institutional Ownership by Quarter for MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ)

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