Contrarius Group Holdings Ltd Makes New Investment in Mondelez International, Inc. $MDLZ

Contrarius Group Holdings Ltd purchased a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 323,421 shares of the company’s stock, valued at approximately $17,410,000. Mondelez International makes up about 0.8% of Contrarius Group Holdings Ltd’s investment portfolio, making the stock its 21st largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MDLZ. Franklin Resources Inc. raised its holdings in shares of Mondelez International by 4.6% in the fourth quarter. Franklin Resources Inc. now owns 5,279,376 shares of the company’s stock valued at $284,189,000 after buying an additional 229,959 shares during the last quarter. Schulhoff & Co. Inc. raised its holdings in shares of Mondelez International by 2.9% in the fourth quarter. Schulhoff & Co. Inc. now owns 36,250 shares of the company’s stock valued at $1,951,000 after buying an additional 1,030 shares during the last quarter. Holowesko Partners Ltd. raised its holdings in shares of Mondelez International by 118.3% in the fourth quarter. Holowesko Partners Ltd. now owns 394,600 shares of the company’s stock valued at $21,241,000 after buying an additional 213,800 shares during the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of Mondelez International in the fourth quarter valued at about $64,000. Finally, ING Groep NV lifted its position in shares of Mondelez International by 6,741.9% during the fourth quarter. ING Groep NV now owns 476,675 shares of the company’s stock worth $25,659,000 after purchasing an additional 469,708 shares in the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Stock Performance

MDLZ opened at $62.04 on Monday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The company has a market cap of $79.64 billion, a price-to-earnings ratio of 30.87, a price-to-earnings-growth ratio of 2.43 and a beta of 0.38. The firm has a 50 day simple moving average of $59.64 and a 200 day simple moving average of $57.90. Mondelez International, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The business had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. Mondelez International’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, sell-side analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. Mondelez International’s dividend payout ratio is 99.50%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MDLZ shares. Wells Fargo & Company upped their target price on shares of Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Barclays upped their target price on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. UBS Group increased their price objective on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Argus upgraded Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Finally, Rothschild & Co Redburn reiterated a “neutral” rating and issued a $55.00 price objective (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $67.05.

Mondelez International Profile

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e?commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.