Representative Emily Randall (D-Washington) recently sold shares of Mondelez International, Inc. (NASDAQ:MDLZ). In a filing disclosed on February 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Mondelez International stock on January 6th. The trade occurred in the Representative’s “GARRET D. LEAHEY 2019 IRREVOCABLE F/B/O ALISON LEAHEY” account.
Representative Emily Randall also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 1/7/2025.
- Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 1/6/2025.
- Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 1/6/2025.
- Sold $1,001 – $15,000 in shares of Exxon Mobil (NYSE:XOM) on 1/6/2025.
- Sold $1,001 – $15,000 in shares of Verizon Communications (NYSE:VZ) on 1/6/2025.
- Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 1/6/2025.
- Sold $1,001 – $15,000 in shares of Fortive (NYSE:FTV) on 1/6/2025.
- Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 1/6/2025.
- Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 1/6/2025.
- Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 1/6/2025.
Mondelez International Stock Up 0.2 %
Shares of NASDAQ MDLZ opened at $60.60 on Thursday. The stock has a market cap of $81.03 billion, a P/E ratio of 17.72, a PEG ratio of 4.04 and a beta of 0.54. The business’s fifty day simple moving average is $59.11 and its 200-day simple moving average is $66.26. Mondelez International, Inc. has a 12-month low of $53.95 and a 12-month high of $76.06. The company has a current ratio of 0.68, a quick ratio of 0.42 and a debt-to-equity ratio of 0.58.
Mondelez International Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were given a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.88 annualized dividend and a yield of 3.10%. Mondelez International’s dividend payout ratio is presently 54.97%.
Mondelez International announced that its board has authorized a share repurchase program on Wednesday, December 11th that authorizes the company to buyback $9.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 10.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s management believes its shares are undervalued.
Analyst Ratings Changes
A number of brokerages recently issued reports on MDLZ. Royal Bank of Canada decreased their price target on shares of Mondelez International from $75.00 to $69.00 and set an “outperform” rating for the company in a research note on Thursday, February 6th. Citigroup lowered their target price on shares of Mondelez International from $78.00 to $71.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft cut their price target on Mondelez International from $67.00 to $62.00 and set a “hold” rating on the stock in a research note on Wednesday, January 22nd. The Goldman Sachs Group lowered their price objective on Mondelez International from $68.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Finally, Wells Fargo & Company cut their target price on Mondelez International from $61.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $69.72.
View Our Latest Report on MDLZ
Institutional Investors Weigh In On Mondelez International
A number of institutional investors and hedge funds have recently made changes to their positions in MDLZ. Landscape Capital Management L.L.C. acquired a new position in Mondelez International in the 4th quarter valued at about $868,000. Resolute Advisors LLC increased its holdings in shares of Mondelez International by 38.0% in the fourth quarter. Resolute Advisors LLC now owns 4,003 shares of the company’s stock valued at $241,000 after purchasing an additional 1,102 shares during the period. Yoffe Investment Management LLC purchased a new stake in shares of Mondelez International during the fourth quarter worth approximately $205,000. DF Dent & Co. Inc. lifted its holdings in shares of Mondelez International by 1.0% during the fourth quarter. DF Dent & Co. Inc. now owns 21,555 shares of the company’s stock worth $1,287,000 after purchasing an additional 213 shares during the period. Finally, Bryce Point Capital LLC purchased a new position in Mondelez International in the 4th quarter valued at $478,000. 78.32% of the stock is owned by hedge funds and other institutional investors.
About Representative Randall
Emily Randall (Democratic Party) is a member of the U.S. House, representing Washington’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Randall (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 6th Congressional District. She declared candidacy for the 2026 election.
Emily Randall was born in Port Orchard, Washington, and lives in Bremerton, Washington. Randall earned bachelor’s degrees in Spanish and women’s studies from Wellesley College in 2008. Her career experience includes working as a development professional with Wellesley College, the San Francisco AIDS Foundation, Planned Parenthood Federation of America, and Legal Voice.
About Mondelez International
Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.
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