Mondelez International, Inc. (NASDAQ:MDLZ) Short Interest Update

Mondelez International, Inc. (NASDAQ:MDLZ) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 40,156,059 shares, an increase of 26.9% from the December 15th total of 31,640,208 shares. Based on an average daily trading volume, of 11,253,446 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.1% of the company’s stock are short sold. Currently, 3.1% of the company’s stock are short sold. Based on an average daily trading volume, of 11,253,446 shares, the days-to-cover ratio is presently 3.6 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in MDLZ. AlphaStar Capital Management LLC bought a new stake in Mondelez International in the second quarter worth about $1,336,000. Asset Management One Co. Ltd. increased its stake in shares of Mondelez International by 3.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 726,923 shares of the company’s stock worth $45,411,000 after purchasing an additional 22,194 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Mondelez International by 43.2% in the 2nd quarter. GAMMA Investing LLC now owns 26,230 shares of the company’s stock worth $1,769,000 after purchasing an additional 7,914 shares during the period. Deprince Race & Zollo Inc. raised its holdings in shares of Mondelez International by 70.5% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 469,058 shares of the company’s stock worth $29,302,000 after purchasing an additional 193,956 shares during the period. Finally, Confluence Investment Management LLC grew its stake in shares of Mondelez International by 324.5% during the 3rd quarter. Confluence Investment Management LLC now owns 2,223,914 shares of the company’s stock worth $138,928,000 after acquiring an additional 1,699,980 shares during the period. 78.32% of the stock is owned by institutional investors.

Mondelez International Trading Down 0.1%

Shares of NASDAQ:MDLZ opened at $57.20 on Tuesday. Mondelez International has a 12-month low of $51.20 and a 12-month high of $71.15. The business has a 50 day moving average of $55.28 and a 200-day moving average of $60.29. The company has a quick ratio of 0.37, a current ratio of 0.61 and a debt-to-equity ratio of 0.65. The stock has a market cap of $73.81 billion, a PE ratio of 21.41 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.01). The firm had revenue of $9.74 billion during the quarter, compared to analyst estimates of $9.76 billion. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.95 earnings per share. Mondelez International has set its FY 2025 guidance at 2.860-2.860 EPS. As a group, equities research analysts forecast that Mondelez International will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Wednesday, December 31st were paid a $0.50 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $2.00 annualized dividend and a yield of 3.5%. Mondelez International’s payout ratio is 74.91%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on MDLZ shares. UBS Group decreased their price target on shares of Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Barclays cut their price target on shares of Mondelez International from $71.00 to $67.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Royal Bank Of Canada lowered their target price on Mondelez International from $71.00 to $67.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 29th. Stifel Nicolaus decreased their price target on Mondelez International from $76.00 to $70.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. Finally, Mizuho dropped their price target on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. Fourteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.00.

Mondelez International Company 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.