ZWJ Investment Counsel Inc. Purchases 2,288 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

ZWJ Investment Counsel Inc. grew its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 586,987 shares of the company’s stock after acquiring an additional 2,288 shares during the period. Mondelez International accounts for approximately 2.2% of ZWJ Investment Counsel Inc.’s investment portfolio, making the stock its 14th biggest holding. ZWJ Investment Counsel Inc.’s holdings in Mondelez International were worth $42,516,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in MDLZ. Tyler Stone Wealth Management acquired a new position in shares of Mondelez International during the 2nd quarter valued at $25,000. Retirement Group LLC acquired a new position in shares of Mondelez International during the fourth quarter valued at about $25,000. Carmel Capital Partners LLC bought a new position in shares of Mondelez International during the 3rd quarter worth about $28,000. First Command Advisory Services Inc. bought a new position in shares of Mondelez International during the 3rd quarter worth about $29,000. Finally, Orion Capital Management LLC acquired a new stake in shares of Mondelez International in the 3rd quarter valued at about $35,000. 78.32% of the stock is owned by institutional investors.

Mondelez International Stock Performance

Shares of Mondelez International stock traded up $0.94 during trading hours on Friday, hitting $68.11. 11,016,995 shares of the company’s stock traded hands, compared to its average volume of 7,630,542. The stock has a market capitalization of $91.71 billion, a price-to-earnings ratio of 18.76, a PEG ratio of 2.31 and a beta of 0.56. Mondelez International, Inc. has a 12-month low of $60.75 and a 12-month 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 fifty day simple moving average of $70.60 and a 200-day simple moving average of $70.44.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. The business 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 company posted $0.73 earnings per share. Equities research analysts anticipate that Mondelez International, Inc. will post 3.52 EPS for the current fiscal year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were paid a dividend of $0.425 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.70 annualized dividend and a dividend yield of 2.50%. Mondelez International’s payout ratio is currently 46.83%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on MDLZ shares. StockNews.com downgraded Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Stifel Nicolaus upped their target price on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. Barclays cut their target price on Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, January 18th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock 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 company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.