LMR Partners LLP boosted its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 498.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 92,128 shares of the company’s stock after purchasing an additional 76,723 shares during the period. LMR Partners LLP’s holdings in Mondelez International were worth $3,979,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC lifted its position in shares of Mondelez International by 637.3% during the 1st quarter. Proficio Capital Partners LLC now owns 2,271 shares of the company’s stock valued at $105,000 after acquiring an additional 1,963 shares during the last quarter. V Wealth Management LLC acquired a new stake in shares of Mondelez International during the 2nd quarter valued at $116,000. Assetmark Inc. lifted its position in shares of Mondelez International by 13.5% during the 1st quarter. Assetmark Inc. now owns 3,367 shares of the company’s stock valued at $145,000 after acquiring an additional 401 shares during the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of Mondelez International by 2,056.3% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock valued at $157,000 after acquiring an additional 3,434 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its position in shares of Mondelez International by 0.6% during the 1st quarter. Parkside Financial Bank & Trust now owns 3,765 shares of the company’s stock valued at $162,000 after acquiring an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 75.84% of the company’s stock.

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A number of equities research analysts have recently commented on MDLZ shares. Credit Suisse Group reiterated a “buy” rating and set a $50.00 price objective on shares of Mondelez International in a research report on Tuesday, June 13th. BidaskClub downgraded Mondelez International from a “hold” rating to a “sell” rating in a research report on Tuesday, June 13th. J P Morgan Chase & Co reiterated an “overweight” rating and set a $49.00 price objective (down previously from $50.00) on shares of Mondelez International in a research report on Wednesday, June 28th. UBS AG reiterated a “buy” rating and set a $51.00 price objective on shares of Mondelez International in a research report on Thursday, July 6th. Finally, Piper Jaffray Companies upgraded Mondelez International from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $48.00 to $49.00 in a research report on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Mondelez International has a consensus rating of “Buy” and a consensus target price of $50.54.

Shares of Mondelez International, Inc. (MDLZ) opened at 41.02 on Thursday. The stock has a market cap of $61.84 billion, a price-to-earnings ratio of 36.08 and a beta of 1.20. Mondelez International, Inc. has a 12-month low of $40.04 and a 12-month high of $47.23. The stock has a 50 day moving average price of $41.30 and a 200-day moving average price of $43.72. Mondelez International also saw unusually large options trading activity on Monday. Investors acquired 13,566 put options on the company. This is an increase of 164% compared to the average volume of 5,137 put options.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. The company had revenue of $5.99 billion for the quarter, compared to analysts’ expectations of $5.98 billion. Mondelez International had a net margin of 6.92% and a return on equity of 11.96%. The business’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same period last year, the firm posted $0.44 earnings per share. Equities analysts anticipate that Mondelez International, Inc. will post $2.12 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 12th. Stockholders of record on Friday, September 29th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.15%. This is a boost from Mondelez International’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, September 28th. Mondelez International’s dividend payout ratio (DPR) is currently 77.19%.

In other news, EVP Maurizio Brusadelli sold 6,248 shares of Mondelez International stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $43.76, for a total transaction of $273,412.48. Following the transaction, the executive vice president now directly owns 61,651 shares of the company’s stock, valued at $2,697,847.76. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Daniel P. Myers sold 7,000 shares of Mondelez International stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $40.94, for a total transaction of $286,580.00. Following the transaction, the executive vice president now directly owns 20,965 shares in the company, valued at $858,307.10. The disclosure for this sale can be found here. Company insiders own 3.60% of the company’s stock.

Mondelez International Profile

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.

Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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