Two Sigma Investments LP Acquires 133,671 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Two Sigma Investments LP grew its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 312.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 176,412 shares of the company's stock after buying 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 filing with the SEC.

A number of other institutional investors also recently modified their holdings of MDLZ. Marshall Investment Management LLC acquired a new position in shares of Mondelez International during the fourth quarter worth approximately $26,000. Hager Investment Management Services LLC acquired a new position in shares of Mondelez International during the fourth quarter worth approximately $27,000. Transce3nd LLC acquired a new position in shares of Mondelez International during the fourth quarter worth approximately $30,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Mondelez International during the fourth quarter worth approximately $31,000. Finally, McClarren Financial Advisors Inc. acquired a new position in shares of Mondelez International during the fourth quarter worth approximately $32,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on MDLZ. Barclays upped their price target on Mondelez International from $71.00 to $74.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. DA Davidson downgraded Mondelez International from a "buy" rating to a "neutral" rating and increased their price target for the stock from $66.00 to $68.00 in a research note on Thursday, April 24th. The Goldman Sachs Group dropped their price objective on Mondelez International from $68.00 to $60.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Royal Bank of Canada reissued an "outperform" rating and set a $69.00 price objective on shares of Mondelez International in a report on Monday, April 28th. Finally, Stifel Nicolaus increased their price objective on Mondelez International from $70.00 to $73.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $70.55.

Mondelez International Trading Down 0.4%

MDLZ traded down $0.28 on Wednesday, hitting $66.62. 4,545,824 shares of the company were exchanged, compared to its average volume of 8,004,523. The firm has a fifty day simple moving average of $66.35 and a two-hundred day simple moving average of $63.29. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.48 and a current ratio of 0.68. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The stock has a market capitalization of $86.26 billion, a PE ratio of 19.48, a price-to-earnings-growth ratio of 4.34 and a beta of 0.50.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly 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 for the quarter, compared to analyst estimates of $9.37 billion. During the same period last year, the company earned $0.93 EPS. Mondelez International's revenue for the quarter was up .2% compared to the same quarter last year. Sell-side analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be given a $0.47 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.82%. Mondelez International's dividend payout ratio is currently 69.89%.

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.