Mondelez International, Inc. (NASDAQ:MDLZ) Shares Acquired by Trilogy Capital Inc.

Trilogy Capital Inc. increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 10.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,441 shares of the company’s stock after purchasing an additional 436 shares during the quarter. Trilogy Capital Inc.’s holdings in Mondelez International were worth $265,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MDLZ. Truvestments Capital LLC purchased a new position in Mondelez International during the third quarter worth about $25,000. Prospera Private Wealth LLC acquired a new stake in shares of Mondelez International in the 3rd quarter valued at approximately $27,000. Hager Investment Management Services LLC purchased a new stake in shares of Mondelez International in the fourth quarter valued at approximately $27,000. Richardson Financial Services Inc. grew its holdings in Mondelez International by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock worth $28,000 after acquiring an additional 200 shares during the period. Finally, Highline Wealth Partners LLC purchased a new position in Mondelez International in the third quarter worth $38,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $57.83 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.63 and a quick ratio of 0.42. Mondelez International, Inc. has a 1-year low of $53.95 and a 1-year high of $76.06. The firm has a market capitalization of $77.33 billion, a P/E ratio of 20.51, a P/E/G ratio of 3.12 and a beta of 0.54. The business’s 50-day simple moving average is $59.61 and its 200-day simple moving average is $66.47.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.01). Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. Equities analysts predict that Mondelez International, Inc. will post 3.44 EPS for the current year.

Mondelez International announced that its board has initiated a share repurchase plan on Wednesday, December 11th that permits the company to buyback $9.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were issued a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.88 annualized dividend and a dividend yield of 3.25%. Mondelez International’s payout ratio is currently 66.67%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Jefferies Financial Group cut shares of Mondelez International from a “buy” rating to a “hold” rating and lowered their price target for the stock from $75.00 to $62.00 in a research note on Tuesday, January 21st. Bank of America boosted their price target on Mondelez International from $80.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, October 15th. Stifel Nicolaus reduced their price objective on Mondelez International from $82.00 to $70.00 and set a “buy” rating for the company in a report on Friday, January 24th. The Goldman Sachs Group lowered their target price on Mondelez International from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Redburn Atlantic started coverage on shares of Mondelez International in a research note on Tuesday, October 22nd. They issued a “buy” rating and a $82.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average target price of $70.76.

Mondelez International Company 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.