Trilogy Capital Inc. Makes New Investment in Mondelez International, Inc. (NASDAQ:MDLZ)

Trilogy Capital Inc. bought a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,743 shares of the company’s stock, valued at approximately $332,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Cornerstone Wealth Group LLC raised its position in shares of Mondelez International by 82.2% in the 1st quarter. Cornerstone Wealth Group LLC now owns 7,929 shares of the company’s stock valued at $555,000 after buying an additional 3,576 shares in the last quarter. River Street Advisors LLC raised its position in shares of Mondelez International by 4.7% in the 1st quarter. River Street Advisors LLC now owns 7,438 shares of the company’s stock valued at $521,000 after buying an additional 333 shares in the last quarter. New Mexico Educational Retirement Board raised its position in shares of Mondelez International by 14.0% in the 1st quarter. New Mexico Educational Retirement Board now owns 80,726 shares of the company’s stock valued at $5,651,000 after buying an additional 9,900 shares in the last quarter. Founders Financial Securities LLC raised its position in shares of Mondelez International by 10.0% in the 1st quarter. Founders Financial Securities LLC now owns 20,051 shares of the company’s stock valued at $1,404,000 after buying an additional 1,823 shares in the last quarter. Finally, Guidance Capital Inc. raised its position in shares of Mondelez International by 4.6% in the 1st quarter. Guidance Capital Inc. now owns 9,698 shares of the company’s stock valued at $639,000 after buying an additional 427 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MDLZ. Sanford C. Bernstein upped their price objective on shares of Mondelez International from $88.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1st. JPMorgan Chase & Co. lowered their price objective on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Barclays lowered their price objective on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Wells Fargo & Company lowered their price objective on shares of Mondelez International from $80.00 to $76.00 and set an “overweight” rating for the company in a research report on Tuesday, June 4th. Finally, Evercore ISI lowered their price objective on shares of Mondelez International from $80.00 to $79.00 and set an “outperform” rating for the company in a research report on Tuesday, June 4th. One investment analyst has rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $80.22.

Mondelez International Trading Down 1.1 %

Shares of NASDAQ:MDLZ traded down $0.73 during trading on Friday, reaching $65.44. The stock had a trading volume of 10,899,642 shares, compared to its average volume of 5,805,895. The firm’s fifty day moving average is $68.89 and its 200 day moving average is $70.80. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.63 and a current ratio of 0.77. Mondelez International, Inc. has a 52 week low of $60.75 and a 52 week high of $77.20. The stock has a market cap of $87.78 billion, a price-to-earnings ratio of 20.77, a P/E/G ratio of 2.51 and a beta of 0.54.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The company had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.16 billion. During the same period in the prior year, the firm posted $0.89 EPS. The company’s quarterly revenue was up 1.4% on a year-over-year basis. As a group, equities analysts forecast that Mondelez International, Inc. will post 3.48 EPS for the current fiscal year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Investors of record on Friday, June 28th will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend is Friday, June 28th. Mondelez International’s dividend payout ratio is presently 53.97%.

Mondelez International Profile

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.