Aspire Private Capital LLC Has $675,000 Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Aspire Private Capital LLC raised its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 3.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,316 shares of the company’s stock after acquiring an additional 364 shares during the quarter. Aspire Private Capital LLC’s holdings in Mondelez International were worth $675,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of MDLZ. Northwest Investment Counselors LLC increased its holdings in Mondelez International by 5.3% in the second quarter. Northwest Investment Counselors LLC now owns 17,716 shares of the company’s stock worth $1,159,000 after purchasing an additional 898 shares in the last quarter. Newman Dignan & Sheerar Inc. lifted its position in shares of Mondelez International by 3.6% during the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 14,962 shares of the company’s stock valued at $979,000 after acquiring an additional 515 shares during the period. Brady Family Wealth LLC boosted its stake in Mondelez International by 11.3% during the second quarter. Brady Family Wealth LLC now owns 13,542 shares of the company’s stock worth $886,000 after acquiring an additional 1,377 shares in the last quarter. Czech National Bank boosted its stake in Mondelez International by 7.9% during the second quarter. Czech National Bank now owns 255,609 shares of the company’s stock worth $16,727,000 after acquiring an additional 18,695 shares in the last quarter. Finally, Jacobs & Co. CA grew its holdings in Mondelez International by 33.3% in the second quarter. Jacobs & Co. CA now owns 111,282 shares of the company’s stock worth $7,282,000 after purchasing an additional 27,784 shares during the period. Institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Down 0.6 %

NASDAQ:MDLZ traded down $0.44 during midday trading on Monday, reaching $69.28. 5,429,479 shares of the stock traded hands, compared to its average volume of 7,244,593. The company has a fifty day moving average of $66.96 and a 200 day moving average of $69.63. Mondelez International, Inc. has a 12 month low of $60.75 and a 12 month high of $77.20. The stock has a market capitalization of $92.93 billion, a P/E ratio of 22.09, a PEG ratio of 2.76 and a beta of 0.53. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.63 and a current ratio of 0.68.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, July 30th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.07. Mondelez International had a return on equity of 16.69% and a net margin of 10.97%. The company had revenue of $8.34 billion for the quarter, compared to the consensus estimate of $8.45 billion. During the same quarter in the previous year, the business earned $0.76 EPS. Mondelez International’s revenue was down 1.9% compared to the same quarter last year. On average, research analysts predict that Mondelez International, Inc. will post 3.49 EPS for the current year.

Mondelez International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 14th. Shareholders of record on Monday, September 30th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Monday, September 30th. This is a positive change from Mondelez International’s previous quarterly dividend of $0.43. This represents a $1.88 annualized dividend and a yield of 2.71%. Mondelez International’s dividend payout ratio (DPR) is 59.68%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on MDLZ shares. Deutsche Bank Aktiengesellschaft cut their target price on Mondelez International from $78.00 to $75.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. DA Davidson lowered their price objective on shares of Mondelez International from $80.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, July 31st. Barclays reduced their price objective on Mondelez International from $80.00 to $76.00 and set an “overweight” rating for the company in a report on Friday, July 19th. The Goldman Sachs Group assumed coverage on Mondelez International in a research note on Monday. They issued a “buy” rating and a $80.00 target price on the stock. Finally, Sanford C. Bernstein dropped their price objective on shares of Mondelez International from $90.00 to $88.00 and set an “outperform” rating on the stock in a report on Wednesday, July 17th. One research analyst has rated the stock with a hold rating and eighteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $78.61.

Mondelez International Company 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.