Alpha DNA Investment Management LLC Acquires 14,036 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)

Alpha DNA Investment Management LLC increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 92.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,243 shares of the company's stock after buying an additional 14,036 shares during the period. Alpha DNA Investment Management LLC's holdings in Mondelez International were worth $1,747,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Marshall Investment Management LLC bought a new position in shares of Mondelez International in the fourth quarter worth $26,000. Hager Investment Management Services LLC bought a new position in Mondelez International in the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Mondelez International during the 4th quarter valued at about $31,000. McClarren Financial Advisors Inc. bought a new stake in shares of Mondelez International during the fourth quarter valued at about $32,000. Finally, Sierra Ocean LLC purchased a new stake in shares of Mondelez International in the fourth quarter worth about $32,000. Institutional investors own 78.32% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on MDLZ. The Goldman Sachs Group decreased their target price on shares of Mondelez International from $68.00 to $60.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Barclays decreased their price target on shares of Mondelez International from $69.00 to $63.00 and set an "overweight" rating on the stock in a report on Thursday, February 6th. Evercore ISI lifted their price objective on Mondelez International from $67.00 to $70.00 and gave the company an "outperform" rating in a research note on Wednesday. DZ Bank lowered Mondelez International from a "hold" rating to a "sell" rating and set a $52.00 target price on the stock. in a research note on Friday, February 7th. Finally, Stifel Nicolaus lowered their price target on Mondelez International from $82.00 to $70.00 and set a "buy" rating on the stock in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $70.05.

Mondelez International Trading Down 1.4 %

MDLZ stock traded down $0.96 during midday trading on Wednesday, hitting $67.33. The company had a trading volume of 2,230,487 shares, compared to its average volume of 7,976,870. The stock has a market cap of $87.09 billion, a price-to-earnings ratio of 19.69, a PEG ratio of 4.34 and a beta of 0.47. Mondelez International, Inc. has a 52 week low of $53.95 and a 52 week high of $76.06. 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 stock's 50 day moving average price is $65.54 and its 200 day moving average price is $63.91.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.65 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 research analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Monday, March 31st were paid a $0.47 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 2.79%. Mondelez International's payout ratio is presently 54.97%.

About Mondelez International

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.