Capital International Investors Reduces $2B in Mondelez International, Inc. ($MDLZ)
Key Points
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Capital International Investors reduced its position in Mondelez International, Inc. ($MDLZ) by 42.47% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,019,822 shares of Mondelez International, Inc. after selling 36,923,764 shares during the quarter. Capital International Investors's holdings in Mondelez International, Inc. were worth $3.01 billion as of its most recent filing.
Mondelez International, Inc. Stock Down 3.5%
Shares of Mondelez International, Inc. ($MDLZ) traded around $60.15 on Saturday, down 3.5% for the day.
Mondelez International, Inc. Earnings
Mondelez International, Inc. Dividend
Analysts Set New Price Targets
About Mondelez International, Inc.
Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in Latin America, North America, Asia, the Middle East, Africa, and Europe. The company 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, grocery, and powdered beverage products. Its brand portfolio includes Oreo, Ritz, LU, CLIF Bar, Tate's Bake Shop biscuits and baked snacks, Cadbury Dairy Milk, Milka, and Toblerone chocolate. It serves supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food outlets through direct store delivery, company-owned and satellite warehouses, distribution centers, third-party distributors, and other facilities, as well as through independent sales offices and agents. The company also sells products directly to businesses and consumers through e-retail platforms, retailer digital platforms, as well as through its direct-to-consumer websites and social media platforms. Mondelez International, Inc. was formerly known as Kraft Foods Inc. and changed its name to Mondelez International, Inc. in October 2012. The company was incorporated in 2000 and is headquartered in Chicago, Illinois.
Get Mondelez International, Inc. alerts
New 13F filings, insider trades, and analyst moves on $MDLZ, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.