Contrarius Group Holdings Ltd Makes New Investment in Mondelez International, Inc. $MDLZ

Contrarius Group Holdings Ltd bought a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the fourth quarter, HoldingsChannel.com reports. The firm bought 323,421 shares of the company’s stock, valued at approximately $17,410,000. Mondelez International makes up about 0.8% of Contrarius Group Holdings Ltd’s portfolio, making the stock its 21st biggest position.

A number of other institutional investors have also recently bought and sold shares of MDLZ. Norges Bank acquired a new position in Mondelez International during the fourth quarter valued at approximately $1,010,020,000. JPMorgan Chase & Co. increased its position in shares of Mondelez International by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after buying an additional 10,137,457 shares in the last quarter. Capital International Investors increased its position in shares of Mondelez International by 10.7% in the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after buying an additional 8,382,270 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Mondelez International by 103.2% in the 3rd quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock valued at $324,363,000 after buying an additional 2,637,287 shares in the last quarter. Finally, CIBC Private Wealth Group LLC increased its position in shares of Mondelez International by 63.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,765,388 shares of the company’s stock valued at $297,694,000 after buying an additional 1,849,482 shares in the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $62.04 on Monday. The firm has a market cap of $79.64 billion, a PE ratio of 30.87, a PEG ratio of 2.43 and a beta of 0.38. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The company has a fifty day moving average price of $59.64 and a 200 day moving average price of $57.90.

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

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

Wall Street Analysts Forecast Growth

MDLZ has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. BTIG Research started coverage on Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 price target on the stock. Argus raised Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Sanford C. Bernstein dropped their price target on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. Finally, Bank of America raised 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. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $67.05.

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.