Two Sigma Investments LP Raises Holdings in Mondelez International, Inc. (NASDAQ:MDLZ)

Two Sigma Investments LP raised its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 312.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 176,412 shares of the company's stock after purchasing an additional 133,671 shares during the period. Two Sigma Investments LP's holdings in Mondelez International were worth $10,537,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDLZ. ICICI Prudential Asset Management Co Ltd raised its position in Mondelez International by 430.0% in the 4th quarter. ICICI Prudential Asset Management Co Ltd now owns 92,413 shares of the company's stock valued at $5,520,000 after buying an additional 74,975 shares during the last quarter. Buckingham Capital Management Inc. grew its position in Mondelez International by 25.5% during the fourth quarter. Buckingham Capital Management Inc. now owns 93,394 shares of the company's stock valued at $5,578,000 after buying an additional 18,961 shares during the period. Kennedy Investment Group purchased a new stake in Mondelez International during the fourth quarter worth about $313,000. Rhumbline Advisers increased its stake in shares of Mondelez International by 1.4% during the 4th quarter. Rhumbline Advisers now owns 2,742,126 shares of the company's stock worth $163,787,000 after purchasing an additional 37,897 shares during the last quarter. Finally, Amundi raised its stake in shares of Mondelez International by 20.1% in the fourth quarter. Amundi now owns 2,856,534 shares of the company's stock valued at $166,507,000 after buying an additional 478,225 shares during the period. 78.32% of the stock is owned by institutional investors.

Mondelez International Price Performance

Shares of MDLZ traded down $0.04 during midday trading on Friday, reaching $67.43. The stock had a trading volume of 1,037,055 shares, compared to its average volume of 7,991,859. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $87.31 billion, a price-to-earnings ratio of 19.74, a price-to-earnings-growth ratio of 4.34 and a beta of 0.50. The company's 50-day moving average is $66.44 and its 200 day moving average is $63.32. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06.

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

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend is Monday, June 30th. Mondelez International's dividend payout ratio is currently 69.89%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on MDLZ shares. Barclays lifted their price objective on Mondelez International from $71.00 to $74.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Dbs Bank cut Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 7th. JPMorgan Chase & Co. boosted their price objective on Mondelez International from $64.00 to $74.00 and gave the company an "overweight" rating in a research note on Friday, April 11th. Argus cut Mondelez International from a "buy" rating to a "hold" rating in a report on Friday, February 21st. Finally, UBS Group lifted their target price on Mondelez International from $60.00 to $69.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $70.55.

Mondelez International 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.