Janus Henderson Group PLC grew its holdings in shares of Mondelez International Inc (NASDAQ:MDLZ) by 0.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 379,673 shares of the company’s stock after purchasing an additional 1,797 shares during the period. Janus Henderson Group PLC’s holdings in Mondelez International were worth $16,312,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Lindsell Train Ltd lifted its holdings in shares of Mondelez International by 13.3% during the third quarter. Lindsell Train Ltd now owns 28,982,722 shares of the company’s stock valued at $1,245,098,000 after purchasing an additional 3,396,714 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of Mondelez International by 10.5% during the second quarter. Caisse DE Depot ET Placement DU Quebec now owns 16,910,431 shares of the company’s stock valued at $693,328,000 after purchasing an additional 1,601,700 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Mondelez International by 52.0% during the third quarter. American Century Companies Inc. now owns 15,345,265 shares of the company’s stock valued at $659,233,000 after purchasing an additional 5,246,517 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Mondelez International by 33.2% during the third quarter. Wells Fargo & Company MN now owns 12,128,402 shares of the company’s stock valued at $521,036,000 after purchasing an additional 3,024,713 shares during the last quarter. Finally, Sustainable Growth Advisers LP lifted its holdings in shares of Mondelez International by 3.8% during the third quarter. Sustainable Growth Advisers LP now owns 5,931,930 shares of the company’s stock valued at $254,836,000 after purchasing an additional 216,112 shares during the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Shares of NASDAQ MDLZ opened at $43.80 on Friday. Mondelez International Inc has a twelve month low of $37.42 and a twelve month high of $46.54. The company has a market capitalization of $64.33 billion, a P/E ratio of 18.67, a PEG ratio of 2.02 and a beta of 0.77. The company has a quick ratio of 0.38, a current ratio of 0.56 and a debt-to-equity ratio of 0.58.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Monday, October 29th. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. Mondelez International had a net margin of 12.46% and a return on equity of 13.71%. The company had revenue of $6.29 billion during the quarter, compared to analyst estimates of $6.32 billion. During the same period in the previous year, the business earned $0.57 EPS. The firm’s revenue for the quarter was down 3.7% on a year-over-year basis. Sell-side analysts expect that Mondelez International Inc will post 2.43 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, January 14th. Shareholders of record on Monday, December 31st will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Friday, December 28th. Mondelez International’s dividend payout ratio (DPR) is presently 48.60%.

In other Mondelez International news, EVP Maurizio Brusadelli sold 7,381 shares of Mondelez International stock in a transaction that occurred on Friday, September 14th. The shares were sold at an average price of $43.74, for a total value of $322,844.94. Following the completion of the sale, the executive vice president now owns 73,959 shares of the company’s stock, valued at approximately $3,234,966.66. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Daniel P. Myers sold 27,963 shares of Mondelez International stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of $43.44, for a total transaction of $1,214,712.72. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

Several research firms have recently issued reports on MDLZ. BidaskClub lowered shares of Mondelez International from a “hold” rating to a “sell” rating in a report on Thursday, August 30th. Piper Jaffray Companies set a $48.00 price objective on shares of Mondelez International and gave the stock a “buy” rating in a report on Tuesday, October 30th. UBS Group set a $51.00 price objective on shares of Mondelez International and gave the stock a “buy” rating in a report on Monday, September 10th. Credit Suisse Group set a $48.00 price objective on shares of Mondelez International and gave the stock a “buy” rating in a report on Thursday, September 6th. Finally, Morgan Stanley began coverage on shares of Mondelez International in a report on Monday, September 17th. They issued an “equal weight” rating and a $47.00 price objective for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $49.17.

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About Mondelez International

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.

See Also: Return on Investment (ROI)

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

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