HB Wealth Management LLC Sells 23,262 Shares of Mondelez International, Inc. $MDLZ

by · The Markets Daily

HB Wealth Management LLC reduced its stake in Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 15.9% in the 4th quarter, HoldingsChannel reports. The firm owned 122,696 shares of the company’s stock after selling 23,262 shares during the quarter. HB Wealth Management LLC’s holdings in Mondelez International were worth $6,605,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MDLZ. Columbia Asset Management increased its position in shares of Mondelez International by 1.3% during the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock worth $746,000 after acquiring an additional 180 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of Mondelez International by 156.4% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 16,044 shares of the company’s stock worth $868,000 after acquiring an additional 9,786 shares in the last quarter. Salomon & Ludwin LLC increased its position in shares of Mondelez International by 3.7% during the fourth quarter. Salomon & Ludwin LLC now owns 7,824 shares of the company’s stock worth $420,000 after acquiring an additional 278 shares in the last quarter. 55 North Private Wealth LLC bought a new stake in shares of Mondelez International during the fourth quarter worth about $263,000. Finally, Lakeside Advisors INC. increased its position in shares of Mondelez International by 16.8% during the fourth quarter. Lakeside Advisors INC. now owns 5,678 shares of the company’s stock worth $306,000 after acquiring an additional 815 shares in the last quarter. 78.32% of the stock is owned by institutional investors.

Insider Transactions at Mondelez International

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the sale, the executive vice president directly owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. This represents a 2.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.45% of the company’s stock.

Mondelez International Trading Up 2.9%

Shares of MDLZ stock opened at $57.71 on Friday. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59. The company has a 50-day simple moving average of $58.11 and a two-hundred day simple moving average of $57.59. The company has a market capitalization of $73.98 billion, a price-to-earnings ratio of 30.70, a PEG ratio of 2.38 and a beta of 0.37.

Mondelez International (NASDAQ:MDLZGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The business had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. During the same period in the prior year, the firm posted $0.65 EPS. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Research analysts anticipate that Mondelez International, Inc. will post 3.03 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Tuesday, March 31st. Mondelez International’s dividend payout ratio is presently 106.38%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Rothschild & Co Redburn reissued a “neutral” rating and set a $55.00 target price (down from $71.00) on shares of Mondelez International in a research report on Wednesday, March 25th. UBS Group decreased their target price on shares of Mondelez International from $63.00 to $62.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Sanford C. Bernstein decreased their target price on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. Argus raised shares of Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Finally, DA Davidson reissued a “neutral” rating and set a $62.00 target price on shares of Mondelez International in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $66.47.

View Our Latest Stock Report on Mondelez International

Mondelez International Profile

(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.

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