UNIVEST FINANCIAL Corp Sells 52,604 Shares of Mondelez International, Inc. $MDLZ

UNIVEST FINANCIAL Corp reduced its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 29.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 126,271 shares of the company’s stock after selling 52,604 shares during the period. UNIVEST FINANCIAL Corp’s holdings in Mondelez International were worth $6,797,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in MDLZ. Crossmark Global Holdings Inc. lifted its position in shares of Mondelez International by 5.1% during the 4th quarter. Crossmark Global Holdings Inc. now owns 273,718 shares of the company’s stock valued at $14,734,000 after buying an additional 13,247 shares during the last quarter. Ballast Inc. grew its stake in shares of Mondelez International by 15.2% during the 4th quarter. Ballast Inc. now owns 21,859 shares of the company’s stock worth $1,177,000 after acquiring an additional 2,876 shares during the period. Carlson Capital L.P. increased its holdings in Mondelez International by 10.7% in the 4th quarter. Carlson Capital L.P. now owns 12,400 shares of the company’s stock worth $667,000 after acquiring an additional 1,200 shares during the last quarter. Lighthouse Financial Services Inc. ADV bought a new stake in Mondelez International in the 4th quarter valued at about $359,000. Finally, International Assets Investment Management LLC raised its stake in Mondelez International by 20.8% in the 4th quarter. International Assets Investment Management LLC now owns 13,174 shares of the company’s stock valued at $709,000 after acquiring an additional 2,267 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Insider Activity at Mondelez International

In other 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 directly owned 99,596 shares in the company, valued at $6,174,952. The trade was a 2.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders have sold 3,064 shares of company stock worth $189,934. 0.45% of the stock is owned by insiders.

Mondelez International Trading Up 0.3%

Shares of MDLZ opened at $61.52 on Friday. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The stock has a market cap of $78.86 billion, a PE ratio of 30.61, a P/E/G ratio of 2.41 and a beta of 0.39. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The business’s 50-day moving average price is $58.04 and its 200-day moving average price is $57.44.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. Mondelez International’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business earned $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, equities analysts forecast that Mondelez International, Inc. will post 3.06 EPS for the current fiscal year.

Mondelez International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is presently 99.50%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MDLZ. Wells Fargo & Company increased their target price on shares of Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Stifel Nicolaus lowered their price target on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Morgan Stanley upped their price target on shares of Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. DA Davidson reaffirmed a “neutral” rating and issued a $62.00 price objective on shares of Mondelez International in a report on Wednesday, February 4th. Finally, Bank of America lifted their price objective on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $67.05.

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.