Bank Julius Baer & Co. Ltd Zurich Has $997,000 Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Bank Julius Baer & Co. Ltd Zurich lifted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 13.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,765 shares of the company’s stock after acquiring an additional 1,615 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Mondelez International were worth $997,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of MDLZ. Carmel Capital Partners LLC acquired a new stake in Mondelez International during the third quarter worth about $28,000. First Command Advisory Services Inc. acquired a new stake in Mondelez International during the third quarter worth about $29,000. Orion Capital Management LLC acquired a new stake in Mondelez International during the third quarter worth about $35,000. Legacy Financial Group LLC acquired a new stake in Mondelez International during the third quarter worth about $45,000. Finally, Milestone Investment Advisors LLC acquired a new stake in Mondelez International during the third quarter worth about $56,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Stock Down 0.3 %

Shares of NASDAQ MDLZ opened at $70.61 on Friday. The company has a 50 day simple moving average of $70.45 and a 200 day simple moving average of $70.61. The firm has a market cap of $95.07 billion, a PE ratio of 19.45, a price-to-earnings-growth ratio of 2.46 and a beta of 0.56. Mondelez International, Inc. has a 1 year low of $60.75 and a 1 year 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.

Mondelez International (NASDAQ:MDLZ) last released 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. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The firm had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.31 billion. During the same quarter last year, the business earned $0.73 EPS. The company’s revenue was up 7.1% compared to the same quarter last year. On average, research analysts forecast that Mondelez International, Inc. will post 3.52 EPS for the current year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were issued 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 yield of 2.41%. Mondelez International’s payout ratio is 46.83%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Stifel Nicolaus increased their price objective on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. StockNews.com downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Barclays reduced their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Citigroup reduced 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. Finally, JPMorgan Chase & Co. reduced 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 note on Friday, April 12th. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $80.89.

Mondelez International 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.