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2,873 Shares in Domino's Pizza, Inc. (NASDAQ:DPZ) Purchased by BNP Paribas

Domino's Pizza logo with Retail/Wholesale background

BNP Paribas acquired a new stake in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,873 shares of the restaurant operator's stock, valued at approximately $1,206,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its stake in Domino's Pizza by 1.4% in the 3rd quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator's stock worth $716,681,000 after acquiring an additional 23,681 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of Domino's Pizza by 42.8% in the third quarter. Franklin Resources Inc. now owns 27,031 shares of the restaurant operator's stock worth $11,571,000 after purchasing an additional 8,103 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Domino's Pizza by 19.3% during the fourth quarter. GAMMA Investing LLC now owns 483 shares of the restaurant operator's stock worth $203,000 after purchasing an additional 78 shares during the period. Pensionfund Sabic purchased a new position in Domino's Pizza during the fourth quarter valued at approximately $1,175,000. Finally, Doliver Advisors LP acquired a new position in Domino's Pizza in the 4th quarter valued at approximately $580,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Domino's Pizza news, EVP Reddy Sandeep sold 399 shares of Domino's Pizza stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total value of $184,409.82. Following the completion of the transaction, the executive vice president now owns 8,756 shares in the company, valued at approximately $4,046,848.08. The trade was a 4.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kevin Scott Morris sold 5,416 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total value of $2,366,792.00. Following the sale, the executive vice president now owns 793 shares in the company, valued at $346,541. The trade was a 87.23 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,996 shares of company stock worth $3,946,461. Company insiders own 0.83% of the company's stock.

Domino's Pizza Trading Up 0.7 %

Shares of NASDAQ DPZ opened at $484.61 on Monday. Domino's Pizza, Inc. has a one year low of $396.06 and a one year high of $538.44. The business has a fifty day simple moving average of $464.71 and a 200 day simple moving average of $450.51. The firm has a market capitalization of $16.59 billion, a price-to-earnings ratio of 29.77, a PEG ratio of 2.47 and a beta of 1.15.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, topping analysts' consensus estimates of $4.12 by $0.21. Domino's Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period last year, the firm earned $3.58 EPS. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. On average, research analysts anticipate that Domino's Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino's Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $1.74 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 annualized dividend and a dividend yield of 1.44%. Domino's Pizza's dividend payout ratio is currently 39.91%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DPZ. Royal Bank of Canada upped their price target on shares of Domino's Pizza from $500.00 to $550.00 and gave the stock an "outperform" rating in a research note on Tuesday, April 29th. Citigroup upped their target price on Domino's Pizza from $480.00 to $500.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 29th. Barclays reduced their price target on Domino's Pizza from $425.00 to $420.00 and set an "underweight" rating for the company in a report on Wednesday, April 30th. Benchmark raised their price objective on shares of Domino's Pizza from $520.00 to $535.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Finally, Argus reissued a "hold" rating and issued a $490.00 target price on shares of Domino's Pizza in a research report on Tuesday, April 29th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Domino's Pizza has an average rating of "Moderate Buy" and a consensus target price of $498.50.

Get Our Latest Analysis on DPZ

About Domino's Pizza

(Free Report)

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores.

See Also

Institutional Ownership by Quarter for Domino's Pizza (NASDAQ:DPZ)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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