Investors Asset Management of Georgia Inc. GA ADV Acquires 865 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Investors Asset Management of Georgia Inc. GA ADV boosted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 20,562 shares of the company’s stock after purchasing an additional 865 shares during the period. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Mondelez International were worth $1,487,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MDLZ. DekaBank Deutsche Girozentrale raised its stake in shares of Mondelez International by 5.1% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 2,480,235 shares of the company’s stock valued at $179,520,000 after acquiring an additional 120,665 shares during the last quarter. Handelsinvest Investeringsforvaltning bought a new position in shares of Mondelez International during the fourth quarter valued at about $1,650,000. Signature Estate & Investment Advisors LLC raised its stake in shares of Mondelez International by 4.7% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 38,518 shares of the company’s stock valued at $2,789,000 after acquiring an additional 1,713 shares during the last quarter. HS Management Partners LLC raised its stake in shares of Mondelez International by 8.3% during the fourth quarter. HS Management Partners LLC now owns 1,671,075 shares of the company’s stock valued at $121,036,000 after acquiring an additional 128,490 shares during the last quarter. Finally, Cerity Partners LLC raised its stake in shares of Mondelez International by 70.2% during the fourth quarter. Cerity Partners LLC now owns 552,122 shares of the company’s stock valued at $40,013,000 after acquiring an additional 227,743 shares during the last quarter. 78.32% of the stock is owned by institutional investors.

Mondelez International Stock Up 0.5 %

Shares of MDLZ traded up $0.36 on Thursday, hitting $66.87. 3,528,082 shares of the stock traded hands, compared to its average volume of 7,514,003. The company has a market capitalization of $90.04 billion, a PE ratio of 18.41, a P/E/G ratio of 2.29 and a beta of 0.56. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.43 and a current ratio of 0.62. The business has a 50 day simple moving average of $70.86 and a 200 day simple moving average of $70.47. Mondelez International, Inc. has a one year low of $60.75 and a one year high of $78.59.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.06. The company had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.31 billion. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.73 earnings per share. As a group, equities analysts forecast that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend was Wednesday, March 27th. Mondelez International’s dividend payout ratio (DPR) is currently 46.83%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Citigroup lowered their price objective on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, April 11th. Barclays lowered their price objective on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Finally, Stifel Nicolaus raised their price objective on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. One analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.89.

Mondelez International Company Profile

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.