United Bank Sells 11,046 Shares of Mondelez International, Inc. $MDLZ

United Bank cut its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 47.9% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,035 shares of the company’s stock after selling 11,046 shares during the quarter. United Bank’s holdings in Mondelez International were worth $694,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in Mondelez International by 92.4% during the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after acquiring an additional 7,025 shares during the period. Sei Investments Co. boosted its holdings in Mondelez International by 15.1% in the 2nd quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock valued at $36,924,000 after purchasing an additional 71,667 shares during the period. Osterweis Capital Management Inc. boosted its holdings in Mondelez International by 4,470.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock valued at $92,000 after purchasing an additional 1,341 shares during the period. Main Street Financial Solutions LLC grew its position in shares of Mondelez International by 144.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after purchasing an additional 4,668 shares in the last quarter. Finally, HUB Investment Partners LLC grew its position in shares of Mondelez International by 30.0% during the 2nd quarter. HUB Investment Partners LLC now owns 22,677 shares of the company’s stock valued at $1,529,000 after purchasing an additional 5,227 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

NASDAQ MDLZ traded up $0.53 during trading hours on Friday, reaching $58.83. 6,428,266 shares of the stock traded hands, compared to its average volume of 9,690,540. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. The stock has a 50 day simple moving average of $61.12 and a two-hundred day simple moving average of $58.82. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The company has a market cap of $75.52 billion, a price-to-earnings ratio of 29.27, a price-to-earnings-growth ratio of 2.31 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. The firm had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The company’s revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, analysts predict that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.4%. Mondelez International’s dividend payout ratio (DPR) is 99.50%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. UBS Group increased their price objective on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Rothschild & Co Redburn restated 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. BTIG Research initiated coverage on Mondelez International in a report on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price target on the stock. TD Cowen raised their price target on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research report on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

Mondelez International 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.