Mission Creek Capital Partners Inc. Sells 4,017 Shares of Mondelez International, Inc. $MDLZ

Mission Creek Capital Partners Inc. trimmed its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 12.7% during the 1st quarter, Holdings Channel reports. The firm owned 27,602 shares of the company’s stock after selling 4,017 shares during the period. Mission Creek Capital Partners Inc.’s holdings in Mondelez International were worth $1,873,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MDLZ. B. Metzler seel. Sohn & Co. AG lifted its holdings in Mondelez International by 11.0% in the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 110,043 shares of the company’s stock worth $7,466,000 after purchasing an additional 10,909 shares in the last quarter. Transamerica Financial Advisors LLC lifted its holdings in shares of Mondelez International by 2.9% in the first quarter. Transamerica Financial Advisors LLC now owns 18,622 shares of the company’s stock worth $1,264,000 after buying an additional 530 shares in the last quarter. Quadcap Wealth Management LLC boosted its position in shares of Mondelez International by 11.7% during the first quarter. Quadcap Wealth Management LLC now owns 9,810 shares of the company’s stock worth $666,000 after acquiring an additional 1,031 shares during the last quarter. Samalin Investment Counsel LLC boosted its position in shares of Mondelez International by 20.5% during the first quarter. Samalin Investment Counsel LLC now owns 7,682 shares of the company’s stock worth $521,000 after acquiring an additional 1,305 shares during the last quarter. Finally, Ceredex Value Advisors LLC grew its stake in Mondelez International by 8.7% during the first quarter. Ceredex Value Advisors LLC now owns 743,723 shares of the company’s stock valued at $50,462,000 after acquiring an additional 59,482 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

MDLZ stock opened at $61.76 on Thursday. The company has a market capitalization of $79.91 billion, a P/E ratio of 22.62, a PEG ratio of 4.69 and a beta of 0.46. The business has a 50-day moving average price of $66.06 and a 200 day moving average price of $65.84. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.64 and a quick ratio of 0.39. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, July 29th. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a return on equity of 15.35% and a net margin of 9.84%.The company had revenue of $8.98 billion during the quarter, compared to analyst estimates of $8.82 billion. During the same quarter in the prior year, the business earned $0.86 earnings per share. Mondelez International’s revenue was up 7.7% on a year-over-year basis. Mondelez International has set its FY 2025 guidance at 3.100-3.100 EPS. As a group, equities research analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th will be given a $0.50 dividend. This is an increase from Mondelez International’s previous quarterly dividend of $0.47. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Tuesday, September 30th. Mondelez International’s payout ratio is currently 68.86%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. JPMorgan Chase & Co. started coverage on shares of Mondelez International in a research note on Wednesday, August 20th. They issued an “overweight” rating and a $75.00 price target on the stock. Stifel Nicolaus lifted their target price on Mondelez International from $73.00 to $76.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. Jefferies Financial Group upgraded Mondelez International from a “hold” rating to a “buy” rating and raised their price target for the company from $66.00 to $78.00 in a report on Thursday, July 17th. Dbs Bank raised Mondelez International from a “hold” rating to a “moderate buy” rating in a report on Friday, August 1st. Finally, Barclays boosted their price target on shares of Mondelez International from $74.00 to $77.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Fourteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $72.00.

Mondelez International Company Profile

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.