Mondelez International, Inc. (NASDAQ:MDLZ) Shares Bought by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. boosted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 7.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 80,282 shares of the company’s stock after acquiring an additional 5,678 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Mondelez International were worth $5,833,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MDLZ. Handelsbanken Fonder AB grew its stake in shares of Mondelez International by 1.7% in the third quarter. Handelsbanken Fonder AB now owns 562,138 shares of the company’s stock valued at $39,012,000 after buying an additional 9,529 shares in the last quarter. Connecticut Wealth Management LLC grew its stake in shares of Mondelez International by 117.2% in the third quarter. Connecticut Wealth Management LLC now owns 9,406 shares of the company’s stock valued at $653,000 after buying an additional 5,075 shares in the last quarter. Ballentine Partners LLC grew its stake in shares of Mondelez International by 33.1% in the third quarter. Ballentine Partners LLC now owns 20,378 shares of the company’s stock valued at $1,414,000 after buying an additional 5,067 shares in the last quarter. TFG Advisers LLC grew its stake in shares of Mondelez International by 7.8% in the third quarter. TFG Advisers LLC now owns 11,004 shares of the company’s stock valued at $764,000 after buying an additional 795 shares in the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO grew its stake in shares of Mondelez International by 1.3% in the third quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 62,231 shares of the company’s stock valued at $4,319,000 after buying an additional 788 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Stock Down 0.3 %

Shares of NASDAQ MDLZ opened at $70.61 on Friday. Mondelez International, Inc. has a 1 year low of $60.75 and a 1 year high of $78.59. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.62 and a quick ratio of 0.43. The company has a market capitalization of $95.07 billion, a price-to-earnings ratio of 19.45, a price-to-earnings-growth ratio of 2.46 and a beta of 0.56. The business has a 50-day moving average of $70.45 and a two-hundred day moving average of $70.61.

Mondelez International (NASDAQ:MDLZ) last posted its 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. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The business had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.31 billion. During the same period in the previous year, the business earned $0.73 EPS. The business’s quarterly revenue was up 7.1% on a year-over-year basis. On average, analysts forecast that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were issued a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 2.41%. The ex-dividend date was Wednesday, March 27th. Mondelez International’s payout ratio is currently 46.83%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Citigroup decreased their target price on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, April 11th. StockNews.com lowered Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. JPMorgan Chase & Co. decreased their target price on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Stifel Nicolaus lifted their target price on Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a report on Thursday, January 25th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, January 18th. One equities research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $80.89.

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.