Gamco Investors INC. ET AL lifted its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 1.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,202,534 shares of the company’s stock after buying an additional 59,160 shares during the period. Mondelez International makes up 0.9% of Gamco Investors INC. ET AL’s portfolio, making the stock its 22nd biggest position. Gamco Investors INC. ET AL owned 0.21% of Mondelez International worth $138,317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Mondelez International by 2.9% in the first quarter. Vanguard Group Inc. now owns 97,631,640 shares of the company’s stock worth $4,205,971,000 after acquiring an additional 2,720,253 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Mondelez International by 43.9% in the first quarter. AQR Capital Management LLC now owns 440,459 shares of the company’s stock worth $18,975,000 after acquiring an additional 134,286 shares in the last quarter. KCG Holdings Inc. lifted its stake in shares of Mondelez International by 858.7% in the first quarter. KCG Holdings Inc. now owns 134,524 shares of the company’s stock worth $5,795,000 after acquiring an additional 120,492 shares in the last quarter. Putnam FL Investment Management Co. lifted its stake in shares of Mondelez International by 6.1% in the first quarter. Putnam FL Investment Management Co. now owns 90,239 shares of the company’s stock worth $3,888,000 after acquiring an additional 5,165 shares in the last quarter. Finally, King Luther Capital Management Corp lifted its stake in shares of Mondelez International by 1.5% in the first quarter. King Luther Capital Management Corp now owns 736,716 shares of the company’s stock worth $31,738,000 after acquiring an additional 10,915 shares in the last quarter. 75.84% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION WARNING: “Gamco Investors INC. ET AL Has $138.32 Million Stake in Mondelez International, Inc. (MDLZ)” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and international trademark & copyright law. The correct version of this news story can be read at https://www.thecerbatgem.com/2017/10/06/gamco-investors-inc-et-al-has-138-32-million-stake-in-mondelez-international-inc-mdlz.html.

In related news, EVP Maurizio Brusadelli sold 6,248 shares of Mondelez International stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $43.76, for a total transaction of $273,412.48. Following the sale, the executive vice president now directly owns 61,651 shares of the company’s stock, valued at $2,697,847.76. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Daniel P. Myers sold 7,000 shares of Mondelez International stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $40.94, for a total value of $286,580.00. Following the sale, the executive vice president now directly owns 20,965 shares in the company, valued at $858,307.10. The disclosure for this sale can be found here. 3.60% of the stock is owned by company insiders.

MDLZ has been the topic of several recent analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $53.00 price target (down previously from $54.00) on shares of Mondelez International in a research note on Monday, July 31st. BidaskClub cut Mondelez International from a “hold” rating to a “sell” rating in a research note on Tuesday, June 13th. Piper Jaffray Companies reiterated a “buy” rating and issued a $49.00 price target on shares of Mondelez International in a research note on Tuesday, September 19th. Susquehanna Bancshares Inc reiterated a “hold” rating on shares of Mondelez International in a research note on Wednesday, August 2nd. Finally, UBS AG reiterated a “buy” rating and issued a $51.00 price target on shares of Mondelez International in a research note on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $50.54.

Shares of Mondelez International, Inc. (NASDAQ:MDLZ) opened at 41.10 on Friday. Mondelez International, Inc. has a 52 week low of $40.04 and a 52 week high of $47.23. The firm has a market cap of $61.96 billion, a PE ratio of 36.15 and a beta of 1.20. The firm’s 50-day moving average price is $41.21 and its 200 day moving average price is $43.70.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Wednesday, August 2nd. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Mondelez International had a return on equity of 11.96% and a net margin of 6.92%. The business had revenue of $5.99 billion for the quarter, compared to the consensus estimate of $5.98 billion. During the same period last year, the business earned $0.44 earnings per share. The firm’s revenue for the quarter was down 5.0% compared to the same quarter last year. Equities analysts anticipate that Mondelez International, Inc. will post $2.12 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 12th. Investors of record on Friday, September 29th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, September 28th. This is an increase from Mondelez International’s previous quarterly dividend of $0.19. This represents a $0.88 dividend on an annualized basis and a yield of 2.14%. Mondelez International’s dividend payout ratio (DPR) is 77.19%.

Mondelez International Company Profile

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

Receive News & Stock Ratings for Mondelez International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondelez International Inc. and related stocks with our FREE daily email newsletter.