Fintel reports that on January 7, 2025, Wells Fargo downgraded their outlook for Mondelez International (BRSE:MDLZ) from Overweight to Equal-Weight.
What is the Fund Sentiment?
There are 3,022 funds or institutions reporting positions in Mondelez International. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to MDLZ is 0.32%, an increase of 4.15%. Total shares owned by institutions increased in the last three months by 1.72% to 1,237,995K shares.
What are Other Shareholders Doing?
Jpmorgan Chase holds 60,991K shares representing 4.56% ownership of the company. In its prior filing, the firm reported owning 59,842K shares , representing an increase of 1.88%. The firm increased its portfolio allocation in MDLZ by 1,095.83% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 42,374K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 42,379K shares , representing a decrease of 0.01%. The firm increased its portfolio allocation in MDLZ by 5.72% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 34,986K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 34,427K shares , representing an increase of 1.60%. The firm increased its portfolio allocation in MDLZ by 5.28% over the last quarter.
Capital Research Global Investors holds 32,957K shares representing 2.46% ownership of the company. In its prior filing, the firm reported owning 34,621K shares , representing a decrease of 5.05%. The firm increased its portfolio allocation in MDLZ by 1.51% over the last quarter.
Geode Capital Management holds 28,205K shares representing 2.11% ownership of the company. In its prior filing, the firm reported owning 27,864K shares , representing an increase of 1.21%. The firm decreased its portfolio allocation in MDLZ by 44.97% over the last quarter.
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