<div id="readability-page-1"><p>Cullen Capital Management LLC cut its position in shares of  Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) by 89.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,970 shares of the company's stock after selling 535,374 shares during the quarter. Cullen Capital Management LLC's holdings in Mondelez International were worth $4,044,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Mondelez International</strong> alerts:</span></p></div><ul><li>Hershey vs. Mondelez: Which Stock Wins Chocolate Season?</li></ul><p>A number of other large investors also recently modified their holdings of MDLZ. Soundwatch Capital LLC acquired a new stake in  Mondelez International during the 2nd quarter worth approximately $27,000.  Rossby Financial LCC increased its position in shares of  Mondelez International by 966.7% in the second quarter. Rossby Financial LCC now owns 448 shares of the company's stock worth $30,000 after acquiring an additional 406 shares in the last quarter.  Aspect Partners LLC raised its stake in shares of  Mondelez International by 180.5% in the 2nd quarter. Aspect Partners LLC now owns 474 shares of the company's stock valued at $32,000 after acquiring an additional 305 shares during the period.  Financial Connections Group Inc. acquired a new position in shares of  Mondelez International during the 2nd quarter valued at $33,000.  Finally, Saudi Central Bank purchased a new stake in  Mondelez International during the 1st quarter worth $36,000. 78.32% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Mondelez International Price Performance</h2><p>Shares of NASDAQ MDLZ opened at $54.04 on Monday. The company has a quick ratio of 0.37, a current ratio of 0.61 and a debt-to-equity ratio of 0.65. Mondelez International, Inc. has a fifty-two week low of $53.13 and a fifty-two week high of $71.15. The business has a 50 day moving average price of $58.02 and a two-hundred day moving average price of $62.63. The firm has a market cap of $69.73 billion, a PE ratio of 20.24 and a beta of 0.39. </p><ul><li>Defensive Plays: 3 Consumer Staples Giants Showing Strength</li></ul><p>Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its earnings results on Tuesday, April 11th. The company reported $0.66 EPS for the quarter. The company had revenue of $7.30 billion during the quarter. Mondelez International had a return on equity of 14.16% and a net margin of 9.38%. Sell-side analysts expect that  Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year. </p><h2>Mondelez International Announces Dividend</h2><p>The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st will be given a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $2.00 annualized dividend and a dividend yield of 3.7%. Mondelez International's payout ratio is presently 74.91%. </p><h2>Analyst Ratings Changes</h2><ul><li>Beyond a Market Correction, Moves to Make Now</li></ul><p>Several research analysts have commented on MDLZ shares. DA Davidson cut their price objective on Mondelez International from $65.00 to $62.00 and set a &#34;neutral&#34; rating on the stock in a research report on Monday, November 10th. DZ Bank upgraded Mondelez International from a &#34;sell&#34; rating to a &#34;buy&#34; rating in a report on Thursday, October 30th. Morgan Stanley reduced their price target on Mondelez International from $68.00 to $64.00 and set an &#34;overweight&#34; rating on the stock in a research report on Thursday. UBS Group lowered their price objective on shares of Mondelez International from $69.00 to $65.00 and set a &#34;neutral&#34; rating for the company in a research report on Wednesday, October 8th. Finally, Berenberg Bank lowered shares of Mondelez International from a &#34;buy&#34; rating to a &#34;hold&#34; rating and set a $70.00 price objective on the stock. in a research note on Thursday, October 2nd. Fourteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one  has assigned  a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $67.95.</p><p><b>View Our Latest Stock Analysis on Mondelez International</b></p><h2>Mondelez International Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Mondelez International</li><li>3 Stocks to Consider Buying in October</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>Investing In Preferred Stock vs. Common Stock</li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li><li>How to Effectively Use the MarketBeat Ratings Screener</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li></ul><p><strong>Want to see what other hedge funds are holding MDLZ?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mondelez International, Inc. (NASDAQ:MDLZ - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TURMWg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TURMWg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Mondelez International Right Now?</h2><p>Before you consider Mondelez International, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mondelez International wasn't on the list.</p><p>While Mondelez International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MDLZ

<p>Cullen Capital Management LLC reduced its stake in Mondelez International by 89.9% in Q2, selling 535,374 shares. Mondelez's stock opened at $54.04, with a market cap of $69.73 billion. Analysts have mixed ratings, with a consensus target price of $67.95. Mondelez announced a $0.50 quarterly dividend, yielding 3.7%.</p>

Mondelez International, Inc. $MDLZ Shares Sold by Cullen Capital Management LLC