Hills Bank & Trust Co Lowers Position in Mondelez International, Inc. $MDLZ

Hills Bank & Trust Co cut its stake in Mondelez International, Inc. (NASDAQ:MDLZFree Report) by 27.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,217 shares of the company’s stock after selling 13,100 shares during the quarter. Hills Bank & Trust Co’s holdings in Mondelez International were worth $1,842,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Leo Wealth LLC raised its stake in shares of Mondelez International by 2.4% in the fourth quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock worth $403,000 after purchasing an additional 176 shares during the last quarter. Columbia Asset Management increased its position in shares of Mondelez International by 1.3% during the fourth quarter. Columbia Asset Management now owns 13,854 shares of the company’s stock valued at $746,000 after acquiring an additional 180 shares during the last quarter. West Paces Advisors Inc. increased its position in shares of Mondelez International by 1.1% during the fourth quarter. West Paces Advisors Inc. now owns 16,452 shares of the company’s stock valued at $886,000 after acquiring an additional 186 shares during the last quarter. Acorn Wealth Advisors LLC increased its position in shares of Mondelez International by 4.8% during the third quarter. Acorn Wealth Advisors LLC now owns 4,147 shares of the company’s stock valued at $259,000 after acquiring an additional 189 shares during the last quarter. Finally, Nicolet Advisory Services LLC increased its position in shares of Mondelez International by 1.1% during the third quarter. Nicolet Advisory Services LLC now owns 18,711 shares of the company’s stock valued at $1,171,000 after acquiring an additional 197 shares during the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on MDLZ. JPMorgan Chase & Co. upped their price objective on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. TD Cowen upped their price objective on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Barclays upped their price objective on Mondelez International from $67.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Morgan Stanley upped their price objective on Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Finally, Argus upgraded Mondelez International to a “hold” rating in a research note on Thursday, February 12th. One 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. Based on data from MarketBeat.com, Mondelez International presently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

Check Out Our Latest Report on Mondelez International

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $60.44 on Friday. The stock has a fifty day simple moving average of $58.20 and a two-hundred day simple moving average of $57.45. Mondelez International, Inc. has a 1-year low of $51.20 and a 1-year high of $71.15. The firm has a market cap of $77.58 billion, a price-to-earnings ratio of 30.07, a price-to-earnings-growth ratio of 2.39 and a beta of 0.39. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60.

Mondelez International (NASDAQ:MDLZGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $9.75 billion. During the same period in the prior year, the company earned $0.76 earnings per share. Mondelez International’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. Analysts anticipate that Mondelez International, Inc. will post 3.06 earnings per share for the current year.

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.

See Also

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

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