Boothbay Fund Management LLC Cuts Stake in Mondelez International, Inc. $MDLZ

Boothbay Fund Management LLC decreased its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 25.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 169,132 shares of the company’s stock after selling 56,456 shares during the period. Boothbay Fund Management LLC’s holdings in Mondelez International were worth $9,104,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Brooks Moore & Associates Inc. boosted its stake in shares of Mondelez International by 2.2% in the 4th quarter. Brooks Moore & Associates Inc. now owns 23,505 shares of the company’s stock valued at $1,265,000 after purchasing an additional 500 shares in the last quarter. Align Financial LLC purchased a new stake in shares of Mondelez International in the 4th quarter valued at $122,000. American Trust Investment Advisors LLC boosted its stake in shares of Mondelez International by 5.9% in the 4th quarter. American Trust Investment Advisors LLC now owns 61,352 shares of the company’s stock valued at $3,303,000 after purchasing an additional 3,432 shares in the last quarter. Guggenheim Capital LLC boosted its stake in shares of Mondelez International by 4.2% in the 4th quarter. Guggenheim Capital LLC now owns 1,062,718 shares of the company’s stock valued at $57,206,000 after purchasing an additional 42,348 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in shares of Mondelez International in the 4th quarter valued at $878,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Trading Down 2.1%

Shares of MDLZ opened at $60.86 on Thursday. The stock has a market capitalization of $78.12 billion, a P/E ratio of 30.28, a PEG ratio of 2.43 and a beta of 0.38. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The firm has a fifty day simple moving average of $60.38 and a two-hundred day simple moving average of $58.24. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15.

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

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.3%. Mondelez International’s dividend payout ratio is 99.50%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Sanford C. Bernstein cut their price objective on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Zacks Research raised shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Bank of America upped their price objective on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Finally, Barclays increased their price target on shares of Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $67.05.

About Mondelez International

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.