Mondelez International Inc (NASDAQ:MDLZ) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 14,164,515 shares, a growth of 39.4% from the January 12th total of 10,161,101 shares. Based on an average daily volume of 8,504,377 shares, the short-interest ratio is currently 1.7 days. Approximately 1.0% of the company’s stock are short sold.

A number of research analysts recently weighed in on the company. Morgan Stanley raised their price objective on Mondelez International from $49.00 to $50.00 and gave the company an “overweight” rating in a research note on Thursday, February 1st. Bank of America raised their price objective on Mondelez International from $50.00 to $56.00 and gave the company a “buy” rating in a research note on Thursday, February 1st. Societe Generale raised Mondelez International from a “hold” rating to a “buy” rating and raised their price objective for the company from $45.00 to $55.00 in a research note on Friday, February 2nd. Piper Jaffray Companies reissued a “buy” rating and issued a $52.00 price objective on shares of Mondelez International in a research note on Thursday, February 1st. Finally, Barclays reissued a “buy” rating and issued a $50.00 price objective on shares of Mondelez International in a research note on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $50.69.

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Mondelez International by 1.2% during the 2nd quarter. Vanguard Group Inc. now owns 98,799,909 shares of the company’s stock worth $4,267,168,000 after purchasing an additional 1,168,269 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Mondelez International by 7.3% during the 2nd quarter. Northern Trust Corp now owns 21,688,257 shares of the company’s stock worth $936,717,000 after purchasing an additional 1,470,112 shares in the last quarter. Lindsell Train Ltd grew its holdings in shares of Mondelez International by 18.3% during the 3rd quarter. Lindsell Train Ltd now owns 19,950,710 shares of the company’s stock worth $811,196,000 after purchasing an additional 3,086,000 shares in the last quarter. Macquarie Group Ltd. grew its holdings in shares of Mondelez International by 1.0% during the 3rd quarter. Macquarie Group Ltd. now owns 16,975,186 shares of the company’s stock worth $690,211,000 after purchasing an additional 175,487 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Mondelez International by 0.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 16,967,667 shares of the company’s stock worth $689,906,000 after purchasing an additional 47,563 shares in the last quarter. 76.07% of the stock is currently owned by institutional investors.

Mondelez International (NASDAQ MDLZ) opened at $42.80 on Wednesday. The company has a quick ratio of 0.31, a current ratio of 0.48 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $63,660.00, a P/E ratio of 22.41, a price-to-earnings-growth ratio of 1.43 and a beta of 0.92. Mondelez International has a 1 year low of $39.19 and a 1 year high of $47.23.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Wednesday, January 31st. The company reported $0.57 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.01. The company had revenue of $6.97 billion for the quarter, compared to the consensus estimate of $6.98 billion. Mondelez International had a return on equity of 12.72% and a net margin of 11.28%. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.47 EPS. equities analysts anticipate that Mondelez International will post 2.47 earnings per share for the current year.

Mondelez International announced that its Board of Directors has authorized a stock buyback program on Wednesday, January 31st that permits the company to buyback $6.00 billion in outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Thursday, March 29th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Wednesday, March 28th. Mondelez International’s dividend payout ratio is currently 46.07%.

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About Mondelez International

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.

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