Trilogy Capital Inc. Invests $332,000 in Mondelez International, Inc. (NASDAQ:MDLZ)

Trilogy Capital Inc. purchased a new position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) in the first quarter, Holdings Channel.com reports. The fund purchased 4,743 shares of the company’s stock, valued at approximately $332,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bogart Wealth LLC boosted its position in shares of Mondelez International by 63.9% during the 4th quarter. Bogart Wealth LLC now owns 359 shares of the company’s stock worth $26,000 after purchasing an additional 140 shares during the period. Ables Iannone Moore & Associates Inc. purchased a new position in shares of Mondelez International during the 4th quarter worth approximately $26,000. HHM Wealth Advisors LLC purchased a new position in shares of Mondelez International during the 4th quarter worth approximately $29,000. Transcendent Capital Group LLC purchased a new position in shares of Mondelez International during the 4th quarter worth approximately $34,000. Finally, Orion Capital Management LLC purchased a new position in shares of Mondelez International during the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Down 1.1 %

Shares of MDLZ traded down $0.73 during midday 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. Mondelez International, Inc. has a 1-year low of $60.75 and a 1-year high of $77.20. The company’s fifty day simple moving average is $68.89 and its two-hundred day simple moving average is $70.80. The company has a market cap of $87.78 billion, a price-to-earnings ratio of 20.77, a PEG ratio of 2.51 and a beta of 0.54. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.63.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $0.95 earnings per share 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 business had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.16 billion. During the same period last year, the business earned $0.89 EPS. The company’s revenue was up 1.4% on a year-over-year basis. Equities research analysts expect that Mondelez International, Inc. will post 3.48 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.70 annualized dividend and a yield of 2.60%. Mondelez International’s dividend payout ratio is currently 53.97%.

Analyst Ratings Changes

A number of research firms recently weighed in on MDLZ. 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 decreased their price target 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. Sanford C. Bernstein raised their price target on shares of Mondelez International from $88.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. TD Cowen decreased their price target on shares of Mondelez International from $83.00 to $79.00 and set a “buy” rating for the company in a research report on Thursday, June 6th. Finally, Evercore ISI decreased their price target 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 research analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $80.22.

About Mondelez International

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.