B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund purchased a new stake in Mondelez International Inc (NASDAQ:MDLZ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 29,532 shares of the company’s stock, valued at approximately $1,269,000.

Several other large investors have also bought and sold shares of the company. Janus Henderson Group PLC raised its stake in shares of Mondelez International by 0.5% during the 3rd quarter. Janus Henderson Group PLC now owns 379,673 shares of the company’s stock worth $16,312,000 after acquiring an additional 1,797 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Mondelez International by 5.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 17,845,702 shares of the company’s stock worth $766,651,000 after acquiring an additional 921,701 shares in the last quarter. Martingale Asset Management L P raised its stake in shares of Mondelez International by 20.6% during the 3rd quarter. Martingale Asset Management L P now owns 17,625 shares of the company’s stock worth $758,000 after acquiring an additional 3,007 shares in the last quarter. FIL Ltd raised its stake in shares of Mondelez International by 22.6% during the 3rd quarter. FIL Ltd now owns 516,084 shares of the company’s stock worth $22,171,000 after acquiring an additional 95,184 shares in the last quarter. Finally, Rafferty Asset Management LLC raised its stake in shares of Mondelez International by 8.4% during the 3rd quarter. Rafferty Asset Management LLC now owns 45,245 shares of the company’s stock worth $1,944,000 after acquiring an additional 3,499 shares in the last quarter. Institutional investors and hedge funds own 76.82% of the company’s stock.

Several research analysts recently commented on MDLZ shares. Barclays reiterated a “buy” rating and set a $49.00 price objective on shares of Mondelez International in a research note on Friday, February 1st. Wells Fargo & Co reiterated a “buy” rating on shares of Mondelez International in a research note on Monday, January 28th. Guggenheim initiated coverage on shares of Mondelez International in a research report on Tuesday, January 22nd. They set a “buy” rating and a $47.00 target price on the stock. ValuEngine raised shares of Mondelez International from a “hold” rating to a “buy” rating in a research report on Tuesday, February 12th. Finally, BidaskClub downgraded shares of Mondelez International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, four have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $47.27.

NASDAQ:MDLZ opened at $49.63 on Thursday. The company has a market cap of $71.92 billion, a price-to-earnings ratio of 20.42, a P/E/G ratio of 2.60 and a beta of 0.89. Mondelez International Inc has a twelve month low of $37.42 and a twelve month high of $50.05. The company has a current ratio of 0.45, a quick ratio of 0.30 and a debt-to-equity ratio of 0.49.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Wednesday, January 30th. The company reported $0.63 earnings per share for the quarter, hitting the consensus estimate of $0.63. The company had revenue of $6.77 billion for the quarter, compared to the consensus estimate of $6.77 billion. Mondelez International had a net margin of 12.64% and a return on equity of 14.03%. Mondelez International’s revenue was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.57 EPS. On average, equities research analysts expect that Mondelez International Inc will post 2.5 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, April 12th. Shareholders of record on Friday, March 29th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 2.10%. The ex-dividend date is Thursday, March 28th. Mondelez International’s dividend payout ratio is presently 42.80%.

In other news, EVP Alejandro Lorenzo sold 26,347 shares of the company’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $46.94, for a total value of $1,236,728.18. Following the sale, the executive vice president now directly owns 59,320 shares of the company’s stock, valued at approximately $2,784,480.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Gerhard W. Pleuhs sold 29,340 shares of the company’s stock in a transaction on Wednesday, February 13th. The shares were sold at an average price of $47.72, for a total transaction of $1,400,104.80. Following the completion of the sale, the executive vice president now directly owns 229,700 shares in the company, valued at $10,961,284. The disclosure for this sale can be found here. In the last three months, insiders have sold 72,127 shares of company stock worth $3,398,519. 2.00% of the stock is owned by insiders.

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Mondelez International Profile

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; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The company's primary snack brand portfolio includes Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; and Trident gums and Tang powdered beverages.

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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