This evening we watched Mondelez International rise 2.9% to a price of $68.42 per share. The Large-Cap Packaged Foods company is now trading -15.41% below its average target price of $80.88. Analysts have set target prices ranging from $73.0 to $90.0 per share for Mondelez International, and have given the stock an average rating of buy.
Mondelez International's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.0%. The stock's short ratio is 1.63. The company's insiders own 0.17% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 84.0%. In conclusion, we believe there is mixed market sentiment regarding Mondelez International.
Institutions Invested in Mondelez International
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 10% | 130,765,846 | $8,946,998,943 |
| 2024-03-31 | Blackrock Inc. | 7% | 96,986,373 | $6,635,807,463 |
| 2024-03-31 | State Street Corporation | 4% | 57,859,701 | $3,958,760,636 |
| 2024-03-31 | JP Morgan Chase & Company | 4% | 53,153,860 | $3,636,787,003 |
| 2024-03-31 | Capital Research Global Investors | 2% | 32,497,024 | $2,223,446,322 |
| 2024-03-31 | Price (T.Rowe) Associates Inc | 2% | 29,558,876 | $2,022,418,241 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 27,518,617 | $1,882,823,724 |
| 2024-03-31 | Bank of America Corporation | 2% | 25,537,991 | $1,747,309,297 |
| 2024-03-31 | FMR, LLC | 2% | 25,143,189 | $1,720,296,945 |
| 2024-03-31 | Morgan Stanley | 2% | 21,955,965 | $1,502,227,085 |
