Family Capital Trust Co Sells 33,747 Shares of Mondelez International, Inc. $MDLZ

Family Capital Trust Co decreased its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 31.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 72,861 shares of the company’s stock after selling 33,747 shares during the period. Mondelez International makes up 1.5% of Family Capital Trust Co’s holdings, making the stock its 21st largest position. Family Capital Trust Co’s holdings in Mondelez International were worth $4,552,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. increased its holdings in Mondelez International by 37.2% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 601 shares of the company’s stock valued at $41,000 after purchasing an additional 163 shares during the last quarter. Enterprise Bank & Trust Co grew its position in shares of Mondelez International by 0.7% during the 2nd quarter. Enterprise Bank & Trust Co now owns 23,964 shares of the company’s stock worth $1,616,000 after buying an additional 170 shares during the period. Jamison Private Wealth Management Inc. increased its stake in shares of Mondelez International by 0.6% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 28,989 shares of the company’s stock valued at $1,811,000 after acquiring an additional 172 shares during the last quarter. Relyea Zuckerberg Hanson LLC increased its stake in shares of Mondelez International by 4.9% in the 2nd quarter. Relyea Zuckerberg Hanson LLC now owns 3,713 shares of the company’s stock valued at $250,000 after acquiring an additional 175 shares during the last quarter. Finally, RMR Wealth Builders raised its position in shares of Mondelez International by 3.6% in the 2nd quarter. RMR Wealth Builders now owns 5,079 shares of the company’s stock valued at $343,000 after acquiring an additional 176 shares during the period. Institutional investors and hedge funds own 78.32% of the company’s stock.

Wall Street Analysts Forecast Growth

MDLZ has been the subject of a number of research analyst reports. Bank of America decreased their target price on Mondelez International from $69.00 to $62.00 and set a “buy” rating for the company in a research note on Friday, December 19th. Stifel Nicolaus lowered their target price on Mondelez International from $76.00 to $70.00 and set a “buy” rating on the stock in a research report on Wednesday, October 29th. Wells Fargo & Company dropped their price target on shares of Mondelez International from $72.00 to $62.00 and set an “overweight” rating on the stock in a research report on Monday. Morgan Stanley cut their price target on Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a report on Thursday, December 11th. Finally, Barclays reduced their price objective on Mondelez International from $71.00 to $67.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Fourteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $66.26.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $53.99 on Friday. The firm has a market cap of $69.67 billion, a PE ratio of 20.22 and a beta of 0.39. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The firm’s fifty day moving average is $55.29 and its 200-day moving average is $60.98. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.37 and a current ratio of 0.61.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 11th. The company reported $0.66 EPS for the quarter. The firm had revenue of $7.30 billion for the quarter. Mondelez International had a return on equity of 14.16% and a net margin of 9.38%.Mondelez International has set its FY 2025 guidance at 2.860-2.860 EPS. Sell-side analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Wednesday, December 31st will be issued a $0.50 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $2.00 annualized dividend and a yield of 3.7%. Mondelez International’s dividend payout ratio is presently 74.91%.

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.