World Investment Advisors Sells 50,681 Shares of Mondelez International, Inc. $MDLZ

World Investment Advisors decreased its stake in Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 61.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,469 shares of the company’s stock after selling 50,681 shares during the period. World Investment Advisors’ holdings in Mondelez International were worth $1,748,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC grew its position in Mondelez International by 92.4% during the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after acquiring an additional 7,025 shares during the last quarter. United Bank raised its position in Mondelez International by 13.2% in the second quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after purchasing an additional 3,070 shares during the last quarter. Sei Investments Co. boosted its stake in shares of Mondelez International by 15.1% during the second quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock valued at $36,924,000 after purchasing an additional 71,667 shares in the last quarter. Osterweis Capital Management Inc. boosted its stake in shares of Mondelez International by 4,470.0% during the second quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock valued at $92,000 after purchasing an additional 1,341 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in shares of Mondelez International by 144.9% during the second quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock worth $532,000 after purchasing an additional 4,668 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MDLZ. Rothschild & Co Redburn reaffirmed a “neutral” rating and issued a $55.00 price objective (down from $71.00) on shares of Mondelez International in a research note on Wednesday, March 25th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. Bank of America upped their price target on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Zacks Research raised shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

Read Our Latest Stock Report on Mondelez International

Mondelez International Stock Performance

Shares of MDLZ stock opened at $60.10 on Friday. The stock has a market capitalization of $77.15 billion, a PE ratio of 29.90, a PEG ratio of 2.35 and a beta of 0.38. The business’s 50 day simple moving average is $60.46 and its 200 day simple moving average is $58.27. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15.

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

Mondelez International Dividend Announcement

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

About Mondelez International

(Free Report)

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.

See Also

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

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