38,856 Shares in Mondelez International, Inc. (NASDAQ:MDLZ) Bought by Aigen Investment Management LP

Aigen Investment Management LP bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 38,856 shares of the company's stock, valued at approximately $2,321,000.

Several other institutional investors also recently bought and sold shares of MDLZ. Truvestments Capital LLC acquired a new position in Mondelez International in the 3rd quarter valued at about $25,000. Marshall Investment Management LLC acquired a new position in Mondelez International in the 4th quarter valued at about $26,000. Prospera Private Wealth LLC acquired a new position in Mondelez International in the 3rd quarter valued at about $27,000. Hager Investment Management Services LLC acquired a new position in shares of Mondelez International during the fourth quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Mondelez International during the fourth quarter worth about $31,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on MDLZ shares. Deutsche Bank Aktiengesellschaft lowered their price objective on Mondelez International from $67.00 to $62.00 and set a "hold" rating for the company in a research report on Wednesday, January 22nd. Mizuho boosted their price objective on Mondelez International from $64.00 to $70.00 and gave the stock an "outperform" rating in a research report on Friday, February 14th. Dbs Bank downgraded Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 7th. The Goldman Sachs Group lowered their price objective on Mondelez International from $68.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. Finally, Wells Fargo & Company lowered their price objective on Mondelez International from $61.00 to $54.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, Mondelez International has an average rating of "Moderate Buy" and an average target price of $69.74.

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Mondelez International Stock Performance

NASDAQ MDLZ traded up $0.98 on Friday, reaching $67.74. The stock had a trading volume of 13,950,486 shares, compared to its average volume of 7,438,048. 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 business's 50-day moving average price is $60.06 and its 200 day moving average price is $65.60. The stock has a market cap of $87.62 billion, a P/E ratio of 19.81, a price-to-earnings-growth ratio of 4.34 and a beta of 0.50.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. As a group, equities analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Monday, March 31st. Mondelez International's payout ratio is currently 54.97%.

Mondelez International declared that its board has initiated a share buyback plan on Wednesday, December 11th that authorizes the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 10.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

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.