Mondelez International, Inc. (NASDAQ:MDLZ) Stock Holdings Lifted by Israel Discount Bank of New York

Israel Discount Bank of New York boosted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 5.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,882 shares of the company’s stock after buying an additional 214 shares during the quarter. Israel Discount Bank of New York’s holdings in Mondelez International were worth $232,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Quarry LP grew its holdings in Mondelez International by 4,693.9% during the fourth quarter. Quarry LP now owns 7,814 shares of the company’s stock valued at $467,000 after purchasing an additional 7,651 shares during the last quarter. Shorepoint Capital Partners LLC grew its stake in Mondelez International by 9.4% in the 4th quarter. Shorepoint Capital Partners LLC now owns 45,358 shares of the company’s stock valued at $2,709,000 after buying an additional 3,879 shares during the last quarter. Berger Financial Group Inc bought a new position in Mondelez International in the 4th quarter worth $234,000. Aquatic Capital Management LLC acquired a new position in Mondelez International during the 4th quarter worth $11,479,000. Finally, Oxford Asset Management LLP bought a new stake in Mondelez International during the fourth quarter valued at about $1,486,000. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $65.59 on Monday. The firm’s 50-day simple moving average is $65.85 and its two-hundred day simple moving average is $63.76. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06. The firm has a market cap of $84.84 billion, a price-to-earnings ratio of 19.18, a P/E/G ratio of 4.34 and a beta of 0.47. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.01). Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. As a group, equities analysts forecast that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date was Monday, March 31st. Mondelez International’s payout ratio is 54.97%.

Analyst Ratings Changes

Several research firms recently weighed in on MDLZ. Stifel Nicolaus cut their price objective on Mondelez International from $82.00 to $70.00 and set a “buy” rating for the company in a research report on Friday, January 24th. Evercore ISI increased their price objective on Mondelez International from $67.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, April 23rd. Barclays dropped their target price on shares of Mondelez International from $69.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, February 6th. The Goldman Sachs Group decreased their price objective on Mondelez International from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Finally, Piper Sandler boosted their price target on shares of Mondelez International from $59.00 to $64.00 and gave the company a “neutral” rating in a research report on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.70.

About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.