28,469 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Bought by Voleon Capital Management LP

Voleon Capital Management LP bought a new position in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 28,469 shares of the company's stock, valued at approximately $1,700,000.

Several other hedge funds have also modified their holdings of the company. Marshall Investment Management LLC purchased a new stake in shares of Mondelez International during the fourth quarter valued at $26,000. Hager Investment Management Services LLC purchased a new stake in Mondelez International during the 4th quarter valued at about $27,000. Transce3nd LLC acquired a new position in shares of Mondelez International in the fourth quarter valued at about $30,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Mondelez International during the fourth quarter worth about $31,000. Finally, McClarren Financial Advisors Inc. purchased a new stake in Mondelez International in the fourth quarter valued at approximately $32,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Mondelez International Trading Down 0.7 %

MDLZ traded down $0.46 during trading hours on Tuesday, reaching $67.35. The company's stock had a trading volume of 1,016,809 shares, compared to its average volume of 7,885,275. The business's 50-day moving average is $66.23 and its 200-day moving average is $63.59. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48. The stock has a market cap of $87.11 billion, a PE ratio of 19.68, a P/E/G ratio of 4.34 and a beta of 0.50. Mondelez International, Inc. has a fifty-two week low of $53.95 and a fifty-two week high of $76.06.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.07. The firm had revenue of $9.31 billion for the quarter, compared to analyst estimates of $9.37 billion. Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. Mondelez International's revenue was up .2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.93 EPS. As a group, equities research analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, March 31st were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date of this dividend was Monday, March 31st. Mondelez International's dividend payout ratio (DPR) is 69.89%.

Analyst Ratings Changes

Several analysts have recently commented on MDLZ shares. Citigroup dropped their price objective on shares of Mondelez International from $78.00 to $71.00 and set a "buy" rating on the stock in a report on Wednesday, January 8th. Evercore ISI increased their price target on Mondelez International from $67.00 to $70.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 23rd. Deutsche Bank Aktiengesellschaft decreased their price objective on Mondelez International from $67.00 to $62.00 and set a "hold" rating for the company in a report on Wednesday, January 22nd. DZ Bank downgraded Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 price target for the company. in a report on Friday, February 7th. Finally, Dbs Bank cut shares of Mondelez International from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $70.55.

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.