Vinva Investment Management Ltd Trims Stake in Mondelez International, Inc. $MDLZ

Vinva Investment Management Ltd lessened its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 44.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,361 shares of the company’s stock after selling 9,705 shares during the period. Vinva Investment Management Ltd’s holdings in Mondelez International were worth $774,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MDLZ. Norges Bank purchased a new stake in Mondelez International in the 2nd quarter valued at about $1,239,834,000. JPMorgan Chase & Co. increased its position in shares of Mondelez International by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after acquiring an additional 10,137,457 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Mondelez International by 197.9% in the 2nd quarter. First Trust Advisors LP now owns 4,066,155 shares of the company’s stock valued at $274,221,000 after acquiring an additional 2,701,229 shares during the period. Federated Hermes Inc. lifted its holdings in shares of Mondelez International by 2,080.4% in the 3rd quarter. Federated Hermes Inc. now owns 2,466,984 shares of the company’s stock worth $154,112,000 after acquiring an additional 2,353,841 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in shares of Mondelez International by 88.1% in the 2nd quarter. Corient Private Wealth LLC now owns 4,312,887 shares of the company’s stock worth $290,862,000 after acquiring an additional 2,020,135 shares during the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MDLZ has been the subject of several research reports. Morgan Stanley dropped their target price on shares of Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a report on Thursday, December 11th. JPMorgan Chase & Co. lowered their price target on Mondelez International from $69.00 to $67.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Wall Street Zen raised Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Finally, Stifel Nicolaus lowered their target price on Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and a consensus target price of $67.06.

Insider Activity

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the transaction, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.41% of the company’s stock.

Mondelez International Stock Performance

NASDAQ:MDLZ opened at $56.58 on Wednesday. Mondelez International, Inc. has a 52 week low of $51.20 and a 52 week high of $71.15. The company has a fifty day simple moving average of $58.16 and a two-hundred day simple moving average of $58.69. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. The company has a market cap of $72.53 billion, a price-to-earnings ratio of 30.10, a price-to-earnings-growth ratio of 2.42 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The business had revenue of $10.50 billion for the quarter, compared to analysts’ expectations of $10.32 billion. During the same period last year, the firm earned $0.65 earnings per share. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, equities analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is presently 106.38%.

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.