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

Landscape Capital Management L.L.C. acquired a new stake in Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 14,528 shares of the company's stock, valued at approximately $868,000.

Other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new stake in Mondelez International during the fourth quarter worth approximately $1,118,755,000. Raymond James Financial Inc. bought a new position in Mondelez International during the fourth quarter valued at $256,832,000. Van ECK Associates Corp boosted its holdings in shares of Mondelez International by 2,560.0% in the fourth quarter. Van ECK Associates Corp now owns 3,411,179 shares of the company's stock worth $203,749,000 after acquiring an additional 3,282,937 shares during the period. National Bank of Canada FI increased its holdings in Mondelez International by 173.7% during the 3rd quarter. National Bank of Canada FI now owns 3,049,440 shares of the company's stock worth $224,652,000 after acquiring an additional 1,935,356 shares during the period. Finally, Franklin Resources Inc. raised its position in shares of Mondelez International by 13.5% during the 4th quarter. Franklin Resources Inc. now owns 8,806,832 shares of the company's stock valued at $526,032,000 after buying an additional 1,049,498 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Price Performance

Mondelez International stock traded up $1.07 during mid-day trading on Friday, reaching $67.05. 8,840,632 shares of the company were exchanged, compared to its average volume of 8,046,489. The company has a fifty day simple moving average of $64.38 and a 200-day simple moving average of $64.18. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.48. Mondelez International, Inc. has a 12 month low of $53.95 and a 12 month high of $76.06. The firm has a market cap of $86.73 billion, a PE ratio of 19.61, a PEG ratio of 4.34 and a beta of 0.47.

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Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by ($0.01). Mondelez International had a net margin of 12.68% and a return on equity of 16.75%. As a group, equities research analysts expect that Mondelez International, Inc. will post 2.9 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.80%. The ex-dividend date is Monday, March 31st. Mondelez International's dividend payout ratio (DPR) is presently 54.97%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Barclays reduced their target price on Mondelez International from $69.00 to $63.00 and set an "overweight" rating on the stock in a research note on Thursday, February 6th. Wells Fargo & Company increased their price objective on shares of Mondelez International from $64.00 to $68.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 2nd. Dbs Bank downgraded Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 7th. The Goldman Sachs Group cut their target price on Mondelez International from $68.00 to $60.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Mondelez International from $64.00 to $74.00 and gave the stock an "overweight" rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, Mondelez International presently has a consensus rating of "Moderate Buy" and a consensus price target of $70.50.

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.