UniSuper Management Pty Ltd Acquires 19,054 Shares of Mondelez International, Inc. $MDLZ

UniSuper Management Pty Ltd lifted its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 554,462 shares of the company’s stock after purchasing an additional 19,054 shares during the period. UniSuper Management Pty Ltd’s holdings in Mondelez International were worth $34,637,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Soundwatch Capital LLC acquired a new position in shares of Mondelez International during the 2nd quarter valued at about $27,000. Rossby Financial LCC grew its holdings in Mondelez International by 966.7% during the second quarter. Rossby Financial LCC now owns 448 shares of the company’s stock valued at $30,000 after purchasing an additional 406 shares during the last quarter. Richardson Financial Services Inc. raised its position in shares of Mondelez International by 141.0% in the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 282 shares during the period. Aspect Partners LLC raised its position in shares of Mondelez International by 180.5% in the second quarter. Aspect Partners LLC now owns 474 shares of the company’s stock valued at $32,000 after purchasing an additional 305 shares during the period. Finally, Financial Connections Group Inc. acquired a new stake in shares of Mondelez International in the second quarter worth $33,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Stock Up 1.4%

MDLZ stock opened at $58.40 on Friday. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The company has a market cap of $75.36 billion, a PE ratio of 21.87 and a beta of 0.39. The business’s 50-day simple moving average is $55.34 and its 200 day simple moving average is $60.10. The company has a quick ratio of 0.37, a current ratio of 0.61 and a debt-to-equity ratio of 0.65.

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

Mondelez International Dividend Announcement

The firm 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 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Wednesday, December 31st. Mondelez International’s payout ratio is 74.91%.

Analysts Set New Price Targets

A number of research firms recently issued reports on MDLZ. TD Cowen lowered their target price on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Bank of America decreased their price target on shares of Mondelez International from $69.00 to $62.00 and set a “buy” rating for the company in a report on Friday, December 19th. Wells Fargo & Company lowered their price target on Mondelez International from $72.00 to $62.00 and set an “overweight” rating on the stock in a research report on Monday, January 5th. Barclays cut their price objective on Mondelez International from $71.00 to $67.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Finally, 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 report on Wednesday, October 29th. Fourteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $66.11.

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.