Coldstream Capital Management Inc. Purchases New Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Coldstream Capital Management Inc. bought a new position in Mondelez International, Inc. (NASDAQ:MDLZ – Get Rating) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 22,098 shares of the company’s stock, valued at approximately $1,473,000.

A number of other hedge funds have also added to or reduced their stakes in MDLZ. Fairfield Bush & CO. bought a new position in shares of Mondelez International during the first quarter valued at approximately $100,000. United Bank raised its holdings in shares of Mondelez International by 4.6% in the first quarter. United Bank now owns 27,006 shares of the company’s stock worth $1,695,000 after buying an additional 1,189 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Mondelez International by 4.0% during the first quarter. Cetera Investment Advisers now owns 28,390 shares of the company’s stock worth $1,782,000 after purchasing an additional 1,085 shares during the last quarter. Dakota Wealth Management purchased a new position in shares of Mondelez International during the first quarter worth $561,000. Finally, Covestor Ltd raised its holdings in shares of Mondelez International by 69.0% during the first quarter. Covestor Ltd now owns 1,269 shares of the company’s stock worth $80,000 after purchasing an additional 518 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on MDLZ shares. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Mondelez International from $72.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday, December 6th. Mizuho lifted their target price on shares of Mondelez International from $75.00 to $78.00 and gave the stock a “buy” rating in a research note on Friday, January 6th. StockNews.com began coverage on shares of Mondelez International in a research note on Thursday. They issued a “hold” rating on the stock. Wells Fargo & Company boosted their price target on shares of Mondelez International from $75.00 to $77.00 and gave the company an “overweight” rating in a research note on Wednesday, February 1st. Finally, Royal Bank of Canada cut shares of Mondelez International from an “outperform” rating to a “sector perform” rating and set a $69.00 price objective for the company. in a report on Tuesday, January 3rd. Five investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $73.06.

Mondelez International Stock Down 0.8 %

MDLZ stock opened at $66.40 on Friday. The company has a fifty day moving average price of $65.71 and a 200 day moving average price of $63.72. Mondelez International, Inc. has a 12 month low of $54.72 and a 12 month high of $68.81. The company has a market cap of $90.52 billion, a price-to-earnings ratio of 33.88, a price-to-earnings-growth ratio of 2.96 and a beta of 0.65. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.60 and a quick ratio of 0.40.

Mondelez International (NASDAQ:MDLZ – Get Rating) last released its quarterly earnings results on Tuesday, January 31st. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.70 by $0.03. The firm had revenue of $8.70 billion during the quarter, compared to the consensus estimate of $8.30 billion. Mondelez International had a net margin of 8.63% and a return on equity of 15.04%. Mondelez International’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.71 EPS. Sell-side analysts expect that Mondelez International, Inc. will post 3.17 earnings per share for the current year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 14th. Shareholders of record on Friday, March 31st will be given a dividend of $0.385 per share. The ex-dividend date is Thursday, March 30th. This represents a $1.54 dividend on an annualized basis and a yield of 2.32%. Mondelez International’s payout ratio is currently 78.57%.

About Mondelez International

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Mondelez International, Inc engages in the manufacture and marketing of snack food and beverage products. It operates through the following geographical segments: Latin America, Asia, Middle East, and Africa, Europe, and North America. Its products include beverages, biscuits, chocolate, gum and candy, cheese and grocery, and meals.