Jefferies Financial Group Inc. Boosts Stock Position in Mondelez International, Inc. $MDLZ

Jefferies Financial Group Inc. raised its position in shares of Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 803.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 110,346 shares of the company’s stock after purchasing an additional 98,134 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Mondelez International were worth $5,940,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in MDLZ. KERR FINANCIAL PLANNING Corp purchased a new stake in Mondelez International during the 3rd quarter valued at about $27,000. High Point Wealth Management LLC purchased a new stake in shares of Mondelez International in the fourth quarter worth about $30,000. McIlrath & Eck LLC purchased a new stake in shares of Mondelez International in the fourth quarter worth about $30,000. Navalign LLC purchased a new stake in shares of Mondelez International in the fourth quarter worth about $31,000. Finally, JPL Wealth Management LLC purchased a new stake in shares of Mondelez International in the third quarter worth about $32,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of Mondelez International stock opened at $61.76 on Tuesday. The business has a 50 day simple moving average of $58.78 and a two-hundred day simple moving average of $57.59. Mondelez International, Inc. has a 12 month low of $51.20 and a 12 month high of $71.15. The stock has a market capitalization of $79.28 billion, a P/E ratio of 30.73, a PEG ratio of 2.42 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZGet Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the prior year, the firm earned $0.76 earnings per share. The business’s revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, analysts predict that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s dividend payout ratio (DPR) is currently 99.50%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on MDLZ shares. Deutsche Bank Aktiengesellschaft lowered their target price on Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mondelez International in a report on Wednesday, April 22nd. JPMorgan Chase & Co. raised their price objective on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. TD Cowen boosted their price objective on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Morgan Stanley boosted their price objective on Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

Check Out Our Latest Stock Analysis on MDLZ

About Mondelez International

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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