Caxton Associates LP Buys New Shares in Mondelez International, Inc. (NASDAQ:MDLZ)

Caxton Associates LP purchased a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 37,111 shares of the company’s stock, valued at approximately $2,217,000.

Other large investors also recently bought and sold shares of the company. Franklin Resources Inc. raised its holdings in shares of Mondelez International by 1.7% in the 3rd quarter. Franklin Resources Inc. now owns 7,757,334 shares of the company’s stock worth $547,125,000 after purchasing an additional 131,974 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Mondelez International by 5.6% during the 3rd quarter. Principal Financial Group Inc. now owns 1,567,067 shares of the company’s stock worth $115,446,000 after purchasing an additional 82,742 shares during the period. Boltwood Capital Management increased its position in Mondelez International by 3.0% during the 4th quarter. Boltwood Capital Management now owns 13,270 shares of the company’s stock worth $793,000 after purchasing an additional 382 shares in the last quarter. Canandaigua National Bank & Trust Co. raised its holdings in Mondelez International by 50.5% in the fourth quarter. Canandaigua National Bank & Trust Co. now owns 32,565 shares of the company’s stock valued at $1,945,000 after buying an additional 10,920 shares during the period. Finally, Diversified Trust Co lifted its position in Mondelez International by 85.6% during the fourth quarter. Diversified Trust Co now owns 41,574 shares of the company’s stock valued at $2,483,000 after buying an additional 19,175 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MDLZ. Wells Fargo & Company increased their price objective on shares of Mondelez International from $64.00 to $68.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 2nd. Citigroup cut their price objective on Mondelez International from $78.00 to $71.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $69.00 target price on shares of Mondelez International in a research report on Monday, April 28th. The Goldman Sachs Group dropped their target price on Mondelez International from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Finally, JPMorgan Chase & Co. upped their price target on Mondelez International from $64.00 to $74.00 and gave the stock an “overweight” rating in a report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $70.55.

Mondelez International Price Performance

Shares of MDLZ stock opened at $67.75 on Monday. The firm has a fifty day moving average of $66.14 and a two-hundred day moving average of $63.61. The firm has a market cap of $87.64 billion, a P/E ratio of 19.81, a P/E/G ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.07. The business had revenue of $9.31 billion during the quarter, compared to the consensus estimate of $9.37 billion. Mondelez International had a return on equity of 16.75% and a net margin of 12.68%. The company’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period last year, the firm earned $0.93 earnings per share. As a group, research analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were issued a $0.47 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.77%. Mondelez International’s dividend payout ratio (DPR) is 69.89%.

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.