World Investment Advisors Sells 50,681 Shares of Mondelez International, Inc. $MDLZ

World Investment Advisors cut its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 61.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,469 shares of the company’s stock after selling 50,681 shares during the period. World Investment Advisors’ holdings in Mondelez International were worth $1,748,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of MDLZ. J.Safra Asset Management Corp acquired a new position in shares of Mondelez International during the 4th quarter worth approximately $25,000. Advocate Investing Services LLC bought a new position in shares of Mondelez International during the fourth quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Mondelez International in the third quarter valued at approximately $27,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Mondelez International in the fourth quarter valued at approximately $28,000. Finally, High Point Wealth Management LLC bought a new stake in shares of Mondelez International in the fourth quarter valued at approximately $30,000. 78.32% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on MDLZ shares. Bank of America increased their price target on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Barclays lifted their price objective on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. increased their target price on Mondelez International from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $67.05.

Mondelez International Stock Performance

Shares of NASDAQ:MDLZ opened at $60.10 on Friday. The company’s 50 day simple moving average is $60.46 and its 200 day simple moving average is $58.27. The stock has a market capitalization of $77.15 billion, a price-to-earnings ratio of 29.90, a price-to-earnings-growth ratio of 2.35 and a beta of 0.38. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15.

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

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. Mondelez International’s payout ratio is 99.50%.

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.