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 Performance
Shares of Mondelez International stock opened at $61.16 on Friday. The stock has a market cap of $81.78 billion, a price-to-earnings ratio of 17.88, a P/E/G ratio of 4.04 and a beta of 0.54. Mondelez International, Inc. has a twelve month low of $53.95 and a twelve month high of $76.06. The company’s fifty day moving average is $59.06 and its 200 day moving average is $66.22. The company has a quick ratio of 0.42, a current ratio of 0.68 and a debt-to-equity ratio of 0.58.
Mondelez International declared that its Board of Directors has approved a share repurchase program on Wednesday, December 11th that allows the company to buyback $9.00 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.
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. This represents a $1.88 annualized dividend and a yield of 3.07%. The ex-dividend date was Tuesday, December 31st. Mondelez International’s dividend payout ratio (DPR) is currently 54.97%.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on MDLZ. Jefferies Financial Group cut Mondelez International from a “buy” rating to a “hold” rating and reduced their target price for the company from $75.00 to $62.00 in a report on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Mondelez International from $67.00 to $62.00 and set a “hold” rating on the stock in a research note on Wednesday, January 22nd. Stifel Nicolaus lowered their target price on shares of Mondelez International from $82.00 to $70.00 and set a “buy” rating for the company in a research note on Friday, January 24th. UBS Group dropped their target price on shares of Mondelez International from $76.00 to $63.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Finally, Barclays decreased their price target on Mondelez International from $69.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.74.
Check Out Our Latest Analysis on MDLZ
Hedge Funds Weigh In On Mondelez International
A number of large investors have recently modified their holdings of the company. Truvestments Capital LLC bought a new position in shares of Mondelez International in the third quarter valued at $25,000. Marshall Investment Management LLC bought a new stake in shares of Mondelez International during the fourth quarter worth about $26,000. Prospera Private Wealth LLC acquired a new stake in shares of Mondelez International in the 3rd quarter worth about $27,000. Hager Investment Management Services LLC bought a new position in Mondelez International in the 4th quarter valued at about $27,000. Finally, Richardson Financial Services Inc. boosted its stake in Mondelez International by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock valued at $28,000 after purchasing an additional 200 shares during the last quarter. 78.32% of the stock is currently owned by 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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