CWA Asset Management Group LLC Has $356,000 Position in Mondelez International, Inc. $MDLZ

CWA Asset Management Group LLC cut its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 67.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,691 shares of the company’s stock after selling 11,751 shares during the quarter. CWA Asset Management Group LLC’s holdings in Mondelez International were worth $356,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MDLZ. Brighton Jones LLC grew 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 last quarter. SCS Capital Management LLC bought a new position in shares of Mondelez International during the first quarter valued at $285,000. SageView Advisory Group LLC lifted its holdings in shares of Mondelez International by 5.6% during the first quarter. SageView Advisory Group LLC now owns 5,648 shares of the company’s stock worth $383,000 after purchasing an additional 297 shares during the period. Integrity Alliance LLC. acquired a new stake in Mondelez International in the first quarter valued at $390,000. Finally, Focus Partners Wealth raised its position in Mondelez International by 7.7% during the 1st quarter. Focus Partners Wealth now owns 1,014,130 shares of the company’s stock worth $68,809,000 after purchasing an additional 72,547 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of a number of analyst reports. DZ Bank upgraded Mondelez International from a “sell” rating to a “buy” rating in a research report on Thursday, October 30th. Royal Bank Of Canada reduced their target price on Mondelez International from $71.00 to $67.00 and set an “outperform” rating on the stock in a report on Wednesday, October 29th. Wall Street Zen downgraded shares of Mondelez International from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. Zacks Research downgraded shares of Mondelez International from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th. Finally, UBS Group reduced their price objective on shares of Mondelez International from $69.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. Fourteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $66.26.

Mondelez International Price Performance

Shares of MDLZ opened at $53.99 on Friday. The firm has a market cap of $69.67 billion, a PE ratio of 20.22 and a beta of 0.39. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $71.15. The business’s 50 day moving average price is $55.29 and its two-hundred day moving average price is $60.98. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.37 and a current ratio of 0.61.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, April 11th. The company reported $0.66 EPS for the quarter. The company had revenue of $7.30 billion during the quarter. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. Mondelez International has set its FY 2025 guidance at 2.860-2.860 EPS. On average, equities analysts anticipate that Mondelez International, Inc. will post 2.9 EPS for the current year.

Mondelez International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Wednesday, December 31st will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Wednesday, December 31st. Mondelez International’s dividend payout ratio (DPR) is presently 74.91%.

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.