Mondelez International, Inc. $MDLZ Position Reduced by STF Management LP

STF Management LP cut its position in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 66.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,812 shares of the company’s stock after selling 13,302 shares during the quarter. STF Management LP’s holdings in Mondelez International were worth $367,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Mondelez International in the 3rd quarter valued at about $27,000. Richardson Financial Services Inc. increased its holdings in shares of Mondelez International by 141.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 282 shares during the period. High Point Wealth Management LLC acquired a new position in shares of Mondelez International in the 4th quarter valued at about $30,000. McIlrath & Eck LLC acquired a new position in shares of Mondelez International in the 4th quarter valued at about $30,000. Finally, Navalign LLC acquired a new position in shares of Mondelez International in the 4th quarter valued at about $31,000. 78.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on MDLZ shares. Wall Street Zen upgraded Mondelez International from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. UBS Group upped their target price on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. upped their target price on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Rothschild & Co Redburn reiterated a “neutral” rating and issued a $55.00 target price (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Finally, TD Cowen upped their target price on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One investment 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’s stock. Based on data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

Check Out Our Latest Stock Analysis on Mondelez International

Mondelez International Trading Down 0.9%

NASDAQ:MDLZ opened at $60.44 on Friday. The stock’s 50 day moving average price is $58.20 and its 200 day moving average price is $57.45. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The company has a market capitalization of $77.58 billion, a P/E ratio of 30.07, a P/E/G ratio of 2.37 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54.

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

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

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

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