Landscape Capital Management L.L.C. Makes New Investment in Mondelez International, Inc. (NASDAQ:MDLZ)

Landscape Capital Management L.L.C. purchased a new stake in Mondelez International, Inc. (NASDAQ:MDLZ) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 14,528 shares of the company’s stock, valued at approximately $868,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Marshall Investment Management LLC bought a new stake in Mondelez International in the 4th quarter valued at approximately $26,000. Hager Investment Management Services LLC bought a new stake in shares of Mondelez International in the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in Mondelez International during the fourth quarter worth $31,000. Sierra Ocean LLC bought a new position in Mondelez International in the fourth quarter valued at $32,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in Mondelez International in the 4th quarter valued at $32,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Trading Down 2.3 %

Shares of MDLZ stock opened at $66.31 on Friday. The stock has a market cap of $85.77 billion, a P/E ratio of 19.39, a price-to-earnings-growth ratio of 4.34 and a beta of 0.47. Mondelez International, Inc. has a 1 year low of $53.95 and a 1 year high of $76.06. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 0.58. The stock has a 50 day simple moving average of $63.25 and a 200 day simple moving average of $64.54.

Mondelez International (NASDAQ:MDLZ) last released its earnings results 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 16.75% and a net margin of 12.68%. On average, research analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International declared that its Board of Directors has approved a stock repurchase plan on Wednesday, December 11th that permits the company to buyback $9.00 billion in shares. This buyback authorization permits the company to repurchase up to 10.7% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Mondelez International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date is Monday, March 31st. Mondelez International’s dividend payout ratio (DPR) is presently 54.97%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Jefferies Financial Group downgraded Mondelez International from a “buy” rating to a “hold” rating and lowered their target price for the company from $75.00 to $62.00 in a research report on Tuesday, January 21st. The Goldman Sachs Group cut their price objective on Mondelez International from $68.00 to $60.00 and set a “buy” rating for the company in a report on Thursday, February 6th. DZ Bank downgraded shares of Mondelez International from a “hold” rating to a “sell” rating and set a $52.00 target price on the stock. in a report on Friday, February 7th. Stifel Nicolaus cut their price target on shares of Mondelez International from $82.00 to $70.00 and set a “buy” rating for the company in a research note on Friday, January 24th. Finally, Dbs Bank lowered shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 7th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $70.20.

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.