Montag & Caldwell LLC Has $72.45 Million Stake in MONDELEZ INTERNATIONAL INC Common Stock (MDLZ)

Montag & Caldwell LLC reduced its stake in shares of MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ) by 14.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,767,149 shares of the company’s stock after selling 289,851 shares during the quarter. MONDELEZ INTERNATIONAL INC Common Stock accounts for 2.9% of Montag & Caldwell LLC’s holdings, making the stock its 18th biggest holding. Montag & Caldwell LLC’s holdings in MONDELEZ INTERNATIONAL INC Common Stock were worth $72,453,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MDLZ. Global X Management Co. LLC grew its holdings in shares of MONDELEZ INTERNATIONAL INC Common Stock by 129.5% during the 1st quarter. Global X Management Co. LLC now owns 32,147 shares of the company’s stock worth $1,341,000 after purchasing an additional 18,142 shares in the last quarter. FDx Advisors Inc. grew its holdings in shares of MONDELEZ INTERNATIONAL INC Common Stock by 13.6% during the 1st quarter. FDx Advisors Inc. now owns 42,808 shares of the company’s stock worth $1,786,000 after purchasing an additional 5,133 shares in the last quarter. Tower Bridge Advisors grew its holdings in shares of MONDELEZ INTERNATIONAL INC Common Stock by 44.1% during the 1st quarter. Tower Bridge Advisors now owns 48,372 shares of the company’s stock worth $2,019,000 after purchasing an additional 14,800 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of MONDELEZ INTERNATIONAL INC Common Stock by 7.5% during the 1st quarter. Daiwa Securities Group Inc. now owns 49,613 shares of the company’s stock worth $2,070,000 after purchasing an additional 3,445 shares in the last quarter. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH grew its holdings in shares of MONDELEZ INTERNATIONAL INC Common Stock by 37.8% during the 1st quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 201,099 shares of the company’s stock worth $8,128,000 after purchasing an additional 55,185 shares in the last quarter. 75.97% of the stock is currently owned by institutional investors.

NASDAQ:MDLZ traded down $0.09 during trading hours on Thursday, hitting $42.74. The company’s stock had a trading volume of 130,686 shares, compared to its average volume of 6,871,516. The firm has a market capitalization of $63.99 billion, a PE ratio of 19.98, a price-to-earnings-growth ratio of 1.61 and a beta of 0.85. The company has a quick ratio of 0.37, a current ratio of 0.55 and a debt-to-equity ratio of 0.59. MONDELEZ INTERNATIONAL INC Common Stock has a twelve month low of $37.42 and a twelve month high of $46.54.

MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ) last released its quarterly earnings data on Wednesday, July 25th. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.02. The business had revenue of $6.11 billion for the quarter, compared to analyst estimates of $6.12 billion. MONDELEZ INTERNATIONAL INC Common Stock had a return on equity of 13.42% and a net margin of 11.58%. MONDELEZ INTERNATIONAL INC Common Stock’s revenue was up 2.1% compared to the same quarter last year. During the same period last year, the firm posted $0.48 earnings per share. analysts anticipate that MONDELEZ INTERNATIONAL INC Common Stock will post 2.43 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 12th. Shareholders of record on Friday, September 28th will be given a $0.26 dividend. The ex-dividend date is Thursday, September 27th. This is an increase from MONDELEZ INTERNATIONAL INC Common Stock’s previous quarterly dividend of $0.22. This represents a $1.04 annualized dividend and a yield of 2.43%. MONDELEZ INTERNATIONAL INC Common Stock’s dividend payout ratio (DPR) is currently 41.12%.

Several analysts have recently issued reports on the company. UBS Group increased their target price on MONDELEZ INTERNATIONAL INC Common Stock from $50.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, July 26th. DZ Bank raised MONDELEZ INTERNATIONAL INC Common Stock from a “hold” rating to a “buy” rating in a report on Friday, July 27th. Zacks Investment Research raised MONDELEZ INTERNATIONAL INC Common Stock from a “sell” rating to a “hold” rating in a research note on Tuesday. ValuEngine raised MONDELEZ INTERNATIONAL INC Common Stock from a “sell” rating to a “hold” rating in a research note on Saturday, July 14th. Finally, Royal Bank of Canada reduced their price objective on MONDELEZ INTERNATIONAL INC Common Stock to $51.00 and set an “outperform” rating on the stock in a research note on Monday, July 16th. One analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $49.67.

About MONDELEZ INTERNATIONAL INC Common Stock

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; gums and candies; coffee and powdered beverages; and cheese and grocery products. The company's primary snack brand portfolio includes Nabisco, Oreo, LU, and belVita biscuits; Cadbury, Milka, Cadbury Dairy Milk, and Toblerone chocolates; Trident gums; Halls candies; and Tang powdered beverages.

See Also: Leveraged Buyout (LBO)

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Institutional Ownership by Quarter for MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ)

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