RFG Advisory LLC Has $326,000 Stock Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

RFG Advisory LLC increased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 14.8% during the fourth quarter, Holdings Channel reports. The firm owned 4,505 shares of the company’s stock after buying an additional 581 shares during the quarter. RFG Advisory LLC’s holdings in Mondelez International were worth $326,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of MDLZ. Moneta Group Investment Advisors LLC raised its holdings in shares of Mondelez International by 116,165.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 23,389,107 shares of the company’s stock valued at $1,558,884,000 after purchasing an additional 23,368,990 shares during the period. Norges Bank bought a new stake in shares of Mondelez International in the 4th quarter valued at about $981,319,000. Morgan Stanley raised its holdings in shares of Mondelez International by 25.8% in the 4th quarter. Morgan Stanley now owns 22,750,267 shares of the company’s stock valued at $1,516,305,000 after purchasing an additional 4,663,166 shares during the period. Renaissance Technologies LLC raised its holdings in Mondelez International by 759.1% in the 1st quarter. Renaissance Technologies LLC now owns 3,035,298 shares of the company’s stock valued at $190,556,000 after acquiring an additional 2,682,000 shares during the period. Finally, Man Group plc raised its holdings in Mondelez International by 122.6% in the 4th quarter. Man Group plc now owns 3,468,865 shares of the company’s stock valued at $231,200,000 after acquiring an additional 1,910,553 shares during the period. 78.32% of the stock is owned by institutional investors.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $66.69 on Friday. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $89.80 billion, a price-to-earnings ratio of 18.37, a P/E/G ratio of 2.32 and a beta of 0.56. The firm’s 50 day simple moving average is $71.39 and its 200 day simple moving average is $70.54. Mondelez International, Inc. has a 1 year low of $60.75 and a 1 year high of $78.59.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.06. The business had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.31 billion. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the business posted $0.73 EPS. As a group, research analysts expect that Mondelez International, Inc. will post 3.52 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were given 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 2.55%. Mondelez International’s dividend payout ratio is 46.83%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. lowered their price target on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a report on Friday. Citigroup lowered their price target on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a report on Thursday. Deutsche Bank Aktiengesellschaft increased their price target on shares of Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, January 18th. StockNews.com cut shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, Stifel Nicolaus increased their price target on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a report on Thursday, January 25th. One research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average 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.