First Trust Advisors LP lifted its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 9.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 153,723 shares of the company’s stock after purchasing an additional 12,844 shares during the quarter. First Trust Advisors LP’s holdings in Mondelez International were worth $6,639,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in shares of Mondelez International by 2.9% during the 1st quarter. Vanguard Group Inc. now owns 97,631,640 shares of the company’s stock valued at $4,205,971,000 after purchasing an additional 2,720,253 shares during the period. Lindsell Train Ltd increased its stake in Mondelez International by 16.2% in the 2nd quarter. Lindsell Train Ltd now owns 16,864,710 shares of the company’s stock worth $728,387,000 after acquiring an additional 2,357,000 shares during the last quarter. Geode Capital Management LLC increased its stake in Mondelez International by 7.2% in the 1st quarter. Geode Capital Management LLC now owns 15,445,600 shares of the company’s stock worth $664,480,000 after acquiring an additional 1,041,124 shares during the last quarter. Canada Pension Plan Investment Board increased its stake in Mondelez International by 9.9% in the 2nd quarter. Canada Pension Plan Investment Board now owns 13,753,346 shares of the company’s stock worth $594,007,000 after acquiring an additional 1,243,500 shares during the last quarter. Finally, Parnassus Investments CA increased its stake in Mondelez International by 9.8% in the 1st quarter. Parnassus Investments CA now owns 11,466,220 shares of the company’s stock worth $478,548,000 after acquiring an additional 1,020,219 shares during the last quarter. Institutional investors own 75.84% of the company’s stock.

A number of equities analysts have weighed in on MDLZ shares. Credit Suisse Group restated a “buy” rating and issued a $50.00 target price on shares of Mondelez International in a research note on Tuesday, June 13th. UBS AG restated a “buy” rating and issued a $51.00 target price on shares of Mondelez International in a research note on Thursday, July 6th. Piper Jaffray Companies restated a “buy” rating and issued a $49.00 target price on shares of Mondelez International in a research note on Tuesday, September 19th. Royal Bank Of Canada restated a “buy” rating on shares of Mondelez International in a research note on Friday, September 1st. Finally, Susquehanna Bancshares Inc restated a “hold” rating on shares of Mondelez International in a research note on Wednesday, August 2nd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $50.69.

In other news, EVP Maurizio Brusadelli sold 6,248 shares of Mondelez International stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $43.76, for a total value of $273,412.48. Following the sale, the executive vice president now directly owns 61,651 shares of the company’s stock, valued at $2,697,847.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Daniel P. Myers sold 7,000 shares of Mondelez International stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $40.94, for a total value of $286,580.00. Following the completion of the sale, the executive vice president now directly owns 20,965 shares in the company, valued at $858,307.10. The disclosure for this sale can be found here. Insiders own 3.60% of the company’s stock.

Mondelez International, Inc. (NASDAQ:MDLZ) opened at 40.66 on Friday. The stock’s 50 day moving average price is $42.26 and its 200 day moving average price is $43.99. Mondelez International, Inc. has a 12 month low of $40.04 and a 12 month high of $47.23. The company has a market capitalization of $61.30 billion, a price-to-earnings ratio of 35.76 and a beta of 1.20.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Wednesday, August 2nd. The company reported $0.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.02. Mondelez International had a return on equity of 11.96% and a net margin of 6.92%. The firm had revenue of $5.99 billion for the quarter, compared to analysts’ expectations of $5.98 billion. During the same period in the previous year, the firm posted $0.44 earnings per share. The business’s revenue was down 5.0% compared to the same quarter last year. Equities research analysts anticipate that Mondelez International, Inc. will post $2.12 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 12th. Stockholders of record on Friday, September 29th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.16%. This is a boost from Mondelez International’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, September 28th. Mondelez International’s payout ratio is 77.19%.

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Mondelez International Company Profile

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.

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

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