Field & Main Bank grew its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 6.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,275 shares of the company’s stock after buying an additional 800 shares during the period. Field & Main Bank’s holdings in Mondelez International were worth $763,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Financial Management Professionals Inc. increased its position in shares of Mondelez International by 249.3% in the second quarter. Financial Management Professionals Inc. now owns 482 shares of the company’s stock worth $25,000 after purchasing an additional 344 shares during the period. CVA Family Office LLC bought a new position in shares of Mondelez International in the first quarter worth $25,000. Hoover Financial Advisors Inc. bought a new position in shares of Mondelez International in the second quarter worth $26,000. Islay Capital Management LLC bought a new position in shares of Mondelez International in the second quarter worth $36,000. Finally, Thomas J. Herzfeld Advisors Inc. increased its position in shares of Mondelez International by 26.9% in the second quarter. Thomas J. Herzfeld Advisors Inc. now owns 887 shares of the company’s stock worth $49,000 after purchasing an additional 188 shares during the period. Institutional investors own 75.10% of the company’s stock.

Shares of MDLZ stock traded down $0.21 during mid-day trading on Friday, reaching $56.61. 3,942,467 shares of the stock traded hands, compared to its average volume of 7,229,924. The stock’s fifty day simple moving average is $57.16 and its two-hundred day simple moving average is $53.96. Mondelez International, Inc. has a 1-year low of $41.19 and a 1-year high of $59.96. The company has a market cap of $80.86 billion, a price-to-earnings ratio of 23.79, a price-to-earnings-growth ratio of 3.29 and a beta of 0.61. The company has a quick ratio of 0.36, a current ratio of 0.55 and a debt-to-equity ratio of 0.61.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.63 EPS for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.07. Mondelez International had a return on equity of 14.02% and a net margin of 13.31%. The firm had revenue of $5.91 billion for the quarter, compared to analyst estimates of $5.92 billion. During the same period last year, the firm posted $0.57 earnings per share. The business’s revenue for the quarter was down 2.5% on a year-over-year basis. On average, equities research analysts anticipate that Mondelez International, Inc. will post 2.61 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th were paid a dividend of $0.315 per share. This represents a $1.26 dividend on an annualized basis and a dividend yield of 2.23%. This is a positive change from Mondelez International’s previous quarterly dividend of $0.29. The ex-dividend date was Tuesday, September 29th. Mondelez International’s dividend payout ratio (DPR) is presently 51.01%.

A number of research analysts recently commented on the company. UBS Group raised their price target on Mondelez International from $60.00 to $62.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. raised their price target on Mondelez International from $61.00 to $62.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Morgan Stanley lifted their target price on Mondelez International from $61.00 to $65.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Credit Suisse Group lifted their target price on Mondelez International from $62.00 to $64.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of Mondelez International in a research report on Tuesday, July 21st. Two equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $62.38.

In related news, Director Peter W. May sold 482,778 shares of Mondelez International stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $55.61, for a total value of $26,847,284.58. Following the transaction, the director now directly owns 12,727 shares of the company’s stock, valued at $707,748.47. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Trian Fund Management, L.P. sold 1,160,827 shares of Mondelez International stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $55.56, for a total value of $64,495,548.12. Following the completion of the transaction, the director now directly owns 12,727 shares in the company, valued at $707,112.12. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,876,741 shares of company stock worth $160,211,881. 1.30% of the stock is owned by insiders.

Mondelez International Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.

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

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