Townsquare Capital LLC Cuts Stock Holdings in Mondelez International, Inc. $MDLZ

Townsquare Capital LLC lessened its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 14.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,873 shares of the company’s stock after selling 11,989 shares during the period. Townsquare Capital LLC’s holdings in Mondelez International were worth $4,490,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Soundwatch Capital LLC bought a new stake in Mondelez International in the second quarter valued at approximately $27,000. Rossby Financial LCC raised its holdings in Mondelez International by 966.7% during the 2nd quarter. Rossby Financial LCC now owns 448 shares of the company’s stock valued at $30,000 after buying an additional 406 shares during the last quarter. Richardson Financial Services Inc. raised its holdings in Mondelez International by 141.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after buying an additional 282 shares during the last quarter. Aspect Partners LLC boosted its position in Mondelez International by 180.5% during the 2nd quarter. Aspect Partners LLC now owns 474 shares of the company’s stock valued at $32,000 after buying an additional 305 shares during the period. Finally, Financial Connections Group Inc. bought a new stake in Mondelez International in the 2nd quarter worth $33,000. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Trading Down 0.7%

NASDAQ:MDLZ opened at $57.31 on Friday. The firm has a market capitalization of $73.95 billion, a P/E ratio of 21.46 and a beta of 0.39. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.61 and a quick ratio of 0.37. Mondelez International, Inc. has a one year low of $51.20 and a one year high of $71.15. The company’s 50-day simple moving average is $55.53 and its 200 day simple moving average is $59.85.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $0.73 earnings per share 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 the consensus estimate of $9.76 billion. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the business earned $0.95 EPS. As a group, analysts forecast that Mondelez International, Inc. will post 2.9 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Wednesday, December 31st were paid a $0.50 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $2.00 dividend on an annualized basis and a yield of 3.5%. Mondelez International’s payout ratio is presently 74.91%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. UBS Group cut their target price on Mondelez International from $63.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Barclays reduced their target price on Mondelez International from $71.00 to $67.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Sanford C. Bernstein reissued an “outperform” rating on shares of Mondelez International in a research report on Monday. Piper Sandler dropped their target price on shares of Mondelez International from $63.00 to $62.00 and set a “neutral” rating for the company in a research report on Friday, November 21st. Finally, Mizuho reduced their price target on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. Fourteen investment 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. According to MarketBeat, Mondelez International presently has an average rating of “Moderate Buy” and an average target price of $66.11.

Trending Headlines about Mondelez International

Here are the key news stories impacting Mondelez International this week:

• Positive Sentiment: Zacks and other previews expect Q4 revenue and EPS growth driven by pricing, mix optimization and easing cost pressures, which supports upside to near-term results. Zacks: Mondelez’s Q4 Earnings on Deck
• Positive Sentiment: Mondelez Canada launched a consumer engagement push — a local marketing/activation initiative that could support top-line momentum and investor interest in the company’s valuation story in Canada. Yahoo Finance: Mondelez Canada Launches Put Consumer Engagement
• Positive Sentiment: An analyst update (DA Davidson reported via Benzinga) implies upside: a $62 price target was noted (roughly mid-single-digit to low double-digit upside vs. current levels), which may help stabilize sentiment if guidance and Q4 results align. Benzinga: DA Davidson rating/target
• Neutral Sentiment: Mondelez promoted CFO Luca Zaramella to also serve as Chief Operating Officer effective Feb. 1; the company will conduct a search for a new CFO. The move signals leadership continuity but creates a temporary overlap of COO/CFO responsibilities until a successor is named. GlobeNewswire: Mondelez Names Luca Zaramella COO & CFO
• Neutral Sentiment: Wider analyst commentary and compilations (Globe and Mail / MSN) are circulating ahead of reporting season; these pieces summarize various targets and opinions but do not introduce major new catalysts. Investors will look to the company’s actual Q4 results and guidance for a clearer directional move. Globe and Mail: Analyst Insights
• Neutral Sentiment: Zacks also published a deeper look at Wall Street projections for Mondelez’s key metrics for the quarter; these notes highlight areas investors should watch (pricing, mix, margins) but are previews rather than confirmed outcomes. Zacks: Insights Into MDLZ Q4 Projections

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.