Cantor Fitzgerald Investment Advisors L.P. Makes New $15.21 Million Investment in Mondelez International, Inc. (NASDAQ:MDLZ)

Cantor Fitzgerald Investment Advisors L.P. bought a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 210,039 shares of the company’s stock, valued at approximately $15,213,000.

A number of other institutional investors have also recently bought and sold shares of the business. Empower Advisory Group LLC boosted its position in shares of Mondelez International by 11.6% during the third quarter. Empower Advisory Group LLC now owns 3,556 shares of the company’s stock worth $247,000 after purchasing an additional 370 shares in the last quarter. Lincoln National Corp lifted its position in Mondelez International by 4.4% in the 3rd quarter. Lincoln National Corp now owns 16,934 shares of the company’s stock valued at $1,175,000 after acquiring an additional 720 shares in the last quarter. XML Financial LLC lifted its position in Mondelez International by 1.2% in the 3rd quarter. XML Financial LLC now owns 14,105 shares of the company’s stock valued at $979,000 after acquiring an additional 171 shares in the last quarter. Versor Investments LP bought a new stake in Mondelez International in the 3rd quarter valued at $229,000. Finally, Childress Capital Advisors LLC bought a new stake in Mondelez International in the 3rd quarter valued at $234,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on MDLZ shares. Barclays cut their price objective on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. JPMorgan Chase & Co. cut their price target on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Sanford C. Bernstein boosted their price objective on shares of Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. StockNews.com lowered shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, Citigroup decreased their price target on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research note on Thursday, April 11th. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $80.75.

Mondelez International Price Performance

Shares of NASDAQ MDLZ traded down $0.55 during trading hours on Friday, hitting $68.30. 3,723,574 shares of the stock were exchanged, compared to its average volume of 6,363,477. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.63 and a current ratio of 0.77. The company has a market cap of $91.61 billion, a PE ratio of 21.68, a price-to-earnings-growth ratio of 2.53 and a beta of 0.55. The company’s fifty day simple moving average is $69.81 and its two-hundred day simple moving average is $71.46. Mondelez International, Inc. has a 1-year low of $60.75 and a 1-year high of $77.20.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The firm had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.16 billion. During the same quarter last year, the business posted $0.89 earnings per share. The company’s quarterly revenue was up 1.4% on a year-over-year basis. On average, sell-side analysts predict that Mondelez International, Inc. will post 3.5 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 12th. Stockholders of record on Friday, June 28th will be issued a dividend of $0.425 per share. The ex-dividend date is Friday, June 28th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.49%. Mondelez International’s dividend payout ratio (DPR) is presently 53.97%.

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.