Van ECK Associates Corp Has $40.22 Million Position in MONDELEZ INTERNATIONAL INC Common Stock (MDLZ)

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Van ECK Associates Corp increased its position in shares of MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ) by 15.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 980,986 shares of the company’s stock after buying an additional 134,001 shares during the period. Van ECK Associates Corp’s holdings in MONDELEZ INTERNATIONAL INC Common Stock were worth $40,220,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Beck Mack & Oliver LLC boosted its stake in shares of MONDELEZ INTERNATIONAL INC Common Stock by 19.1% in the 2nd quarter. Beck Mack & Oliver LLC now owns 7,637 shares of the company’s stock valued at $313,000 after purchasing an additional 1,225 shares during the last quarter. Patten & Patten Inc. TN boosted its stake in MONDELEZ INTERNATIONAL INC Common Stock by 23.3% during the 2nd quarter. Patten & Patten Inc. TN now owns 6,659 shares of the company’s stock worth $273,000 after acquiring an additional 1,260 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in MONDELEZ INTERNATIONAL INC Common Stock by 0.8% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 164,874 shares of the company’s stock worth $6,760,000 after acquiring an additional 1,260 shares during the last quarter. North Star Investment Management Corp. boosted its stake in MONDELEZ INTERNATIONAL INC Common Stock by 5.3% during the 2nd quarter. North Star Investment Management Corp. now owns 25,705 shares of the company’s stock worth $1,054,000 after acquiring an additional 1,294 shares during the last quarter. Finally, Kovack Advisors Inc. boosted its stake in MONDELEZ INTERNATIONAL INC Common Stock by 15.8% during the 2nd quarter. Kovack Advisors Inc. now owns 9,489 shares of the company’s stock worth $389,000 after acquiring an additional 1,298 shares during the last quarter. 74.54% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts recently weighed in on the stock. BidaskClub lowered shares of MONDELEZ INTERNATIONAL INC Common Stock from a “hold” rating to a “sell” rating in a research note on Thursday, August 30th. Zacks Investment Research raised shares of MONDELEZ INTERNATIONAL INC Common Stock from a “sell” rating to a “hold” rating in a research note on Tuesday, July 31st. DZ Bank raised shares of MONDELEZ INTERNATIONAL INC Common Stock from a “hold” rating to a “buy” rating in a research note on Friday, July 27th. UBS Group dropped their target price on shares of MONDELEZ INTERNATIONAL INC Common Stock from $52.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, June 20th. Finally, JPMorgan Chase & Co. raised their target price on shares of MONDELEZ INTERNATIONAL INC Common Stock from $45.00 to $47.00 and gave the stock a “$41.68” rating in a report on Monday, July 23rd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the stock. MONDELEZ INTERNATIONAL INC Common Stock has a consensus rating of “Buy” and a consensus target price of $49.67.

NASDAQ MDLZ opened at $43.49 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.55. MONDELEZ INTERNATIONAL INC Common Stock has a 12-month low of $37.42 and a 12-month high of $46.54. The company has a market capitalization of $63.78 billion, a PE ratio of 20.32, a price-to-earnings-growth ratio of 1.61 and a beta of 0.83.

MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ) last posted its quarterly earnings data on Wednesday, July 25th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.02. MONDELEZ INTERNATIONAL INC Common Stock had a net margin of 11.58% and a return on equity of 13.42%. The company had revenue of $6.11 billion for the quarter, compared to the consensus estimate of $6.12 billion. During the same period last year, the company earned $0.48 earnings per share. The firm’s revenue was up 2.1% compared to the same quarter last year. analysts predict 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. Investors of record on Friday, September 28th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 2.39%. This is an increase from MONDELEZ INTERNATIONAL INC Common Stock’s previous quarterly dividend of $0.22. The ex-dividend date is Thursday, September 27th. MONDELEZ INTERNATIONAL INC Common Stock’s payout ratio is presently 41.12%.

MONDELEZ INTERNATIONAL INC Common Stock Profile

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.

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

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