16,471 Shares in Mondelez International, Inc. $MDLZ Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,471 shares of the company’s stock, valued at approximately $1,029,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of Mondelez International by 14.1% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 1,729,725 shares of the company’s stock worth $108,056,000 after purchasing an additional 213,904 shares during the period. Vest Financial LLC raised its position in Mondelez International by 23.8% in the third quarter. Vest Financial LLC now owns 22,712 shares of the company’s stock worth $1,419,000 after acquiring an additional 4,368 shares during the period. Waldron Private Wealth LLC boosted its stake in shares of Mondelez International by 3.7% during the 3rd quarter. Waldron Private Wealth LLC now owns 20,961 shares of the company’s stock worth $1,320,000 after acquiring an additional 757 shares during the last quarter. Boomfish Wealth Group LLC boosted its stake in shares of Mondelez International by 1.7% during the 3rd quarter. Boomfish Wealth Group LLC now owns 25,304 shares of the company’s stock worth $1,581,000 after acquiring an additional 415 shares during the last quarter. Finally, McAdam LLC grew its position in shares of Mondelez International by 14.5% during the 3rd quarter. McAdam LLC now owns 5,011 shares of the company’s stock valued at $313,000 after acquiring an additional 635 shares during the period. 78.32% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on MDLZ. Berenberg Bank cut Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 target price on the stock. in a report on Thursday, October 2nd. Mizuho decreased their price objective on Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research note on Thursday, January 8th. Stifel Nicolaus cut their price objective 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. Zacks Research cut shares of Mondelez International from a “hold” rating to a “strong sell” rating in a research note on Monday, November 10th. Finally, DA Davidson dropped their price target on shares of Mondelez International from $65.00 to $62.00 and set a “neutral” rating for the company in a research report on Monday, November 10th. Fourteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $66.11.

Mondelez International Stock Up 1.4%

NASDAQ MDLZ opened at $58.40 on Friday. The stock’s 50 day moving average is $55.34 and its 200 day moving average is $60.05. The company has a current ratio of 0.61, a quick ratio of 0.37 and a debt-to-equity ratio of 0.65. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The stock has a market cap of $75.36 billion, a PE ratio of 21.87 and a beta of 0.39.

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

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Wednesday, December 31st were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Wednesday, December 31st. Mondelez International’s payout ratio is currently 74.91%.

About Mondelez International

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.