Jacobs & Co. CA Has $5.80 Million Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ)

Jacobs & Co. CA boosted its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,060 shares of the company’s stock after buying an additional 3,107 shares during the period. Jacobs & Co. CA’s holdings in Mondelez International were worth $5,798,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Columbia Trust Co 01012016 grew its stake in Mondelez International by 19.9% in the fourth quarter. Columbia Trust Co 01012016 now owns 9,192 shares of the company’s stock valued at $666,000 after purchasing an additional 1,524 shares in the last quarter. Canvas Wealth Advisors LLC purchased a new position in Mondelez International in the fourth quarter valued at about $221,000. PFG Investments LLC grew its stake in Mondelez International by 27.1% in the fourth quarter. PFG Investments LLC now owns 6,470 shares of the company’s stock valued at $469,000 after purchasing an additional 1,378 shares in the last quarter. Heartwood Wealth Advisors LLC purchased a new position in Mondelez International in the fourth quarter valued at about $201,000. Finally, Johnson & White Wealth Management LLC grew its stake in Mondelez International by 3.2% in the fourth quarter. Johnson & White Wealth Management LLC now owns 4,520 shares of the company’s stock valued at $327,000 after purchasing an additional 141 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Stock Up 0.1 %

Shares of MDLZ opened at $70.10 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.43 and a current ratio of 0.62. The company has a 50-day simple moving average of $73.03 and a 200-day simple moving average of $70.80. Mondelez International, Inc. has a 52 week low of $60.75 and a 52 week high of $78.59. The firm has a market capitalization of $95.40 billion, a P/E ratio of 19.31, a P/E/G ratio of 2.38 and a beta of 0.57.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share for the quarter, beating 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 business had revenue of $9.31 billion during the quarter, compared to analysts’ expectations of $9.31 billion. During the same quarter last year, the company earned $0.73 earnings per share. The firm’s revenue was up 7.1% on a year-over-year basis. On average, equities research analysts expect that Mondelez International, Inc. will post 3.52 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 11th. Investors of record on Thursday, March 28th will be paid a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Wednesday, March 27th. Mondelez International’s payout ratio is presently 46.83%.

Analysts Set New Price Targets

MDLZ has been the topic of a number of recent research reports. DA Davidson initiated coverage on Mondelez International in a research note on Friday, December 8th. They issued a “buy” rating and a $83.00 target price on the stock. Stifel Nicolaus upped their price target on Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. Deutsche Bank Aktiengesellschaft upped their price target on Mondelez International from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. Barclays upped their price target on Mondelez International from $79.00 to $80.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 16th. Finally, StockNews.com downgraded Mondelez International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and an average target price of $81.37.

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.