Fidelis Capital Partners LLC Has $1.20 Million Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Fidelis Capital Partners LLC boosted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 41.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,605 shares of the company’s stock after buying an additional 4,831 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Mondelez International were worth $1,203,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Fairfield Bush & CO. bought a new stake in shares of Mondelez International during the first quarter worth approximately $100,000. United Bank boosted its holdings in shares of Mondelez International by 4.6% during the first quarter. United Bank now owns 27,006 shares of the company’s stock worth $1,695,000 after acquiring an additional 1,189 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Mondelez International by 4.0% during the first quarter. Cetera Investment Advisers now owns 28,390 shares of the company’s stock worth $1,782,000 after acquiring an additional 1,085 shares during the period. Dakota Wealth Management bought a new stake in shares of Mondelez International during the first quarter worth approximately $561,000. Finally, Covestor Ltd boosted its holdings in shares of Mondelez International by 69.0% during the first quarter. Covestor Ltd now owns 1,269 shares of the company’s stock worth $80,000 after acquiring an additional 518 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MDLZ. StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft boosted their price objective on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. Barclays cut their price target on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. Stifel Nicolaus boosted their price target on Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Finally, JPMorgan Chase & Co. cut their price target on Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. One research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and an average price target of $80.89.

Mondelez International Price Performance

NASDAQ MDLZ traded up $0.66 on Thursday, hitting $67.17. 8,692,753 shares of the company’s stock were exchanged, compared to its average volume of 7,586,421. The stock has a 50-day moving average of $70.86 and a 200-day moving average of $70.47. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 52 week low of $60.75 and a 52 week high of $78.59. The stock has a market cap of $90.44 billion, a price-to-earnings ratio of 18.41, a P/E/G ratio of 2.29 and a beta of 0.56.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share for the quarter, topping 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 firm had revenue of $9.31 billion during the quarter, compared to analysts’ expectations of $9.31 billion. During the same period in the prior year, the company earned $0.73 earnings per share. The company’s quarterly revenue was up 7.1% on a year-over-year basis. Analysts expect that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.425 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.70 annualized dividend and a dividend yield of 2.53%. Mondelez International’s dividend payout ratio (DPR) is presently 46.83%.

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.