AdvisorShares Investments LLC Purchases 1,085 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

AdvisorShares Investments LLC grew its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 325.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,418 shares of the restaurant operator's stock after buying an additional 1,085 shares during the quarter. AdvisorShares Investments LLC's holdings in Domino's Pizza were worth $595,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Sherman Asset Management Inc. bought a new stake in Domino's Pizza in the 4th quarter worth approximately $25,000. Brown Brothers Harriman & Co. boosted its position in Domino's Pizza by 1,016.7% in the fourth quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator's stock worth $28,000 after purchasing an additional 61 shares during the last quarter. Covestor Ltd increased its position in shares of Domino's Pizza by 158.1% during the 4th quarter. Covestor Ltd now owns 80 shares of the restaurant operator's stock valued at $34,000 after purchasing an additional 49 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Domino's Pizza by 40.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock worth $38,000 after purchasing an additional 26 shares during the period. Finally, Lee Danner & Bass Inc. bought a new stake in Domino's Pizza during the fourth quarter valued at approximately $42,000. 94.63% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Kevin Scott Morris sold 5,416 shares of the business's stock in a transaction that occurred 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 completion of the sale, the executive vice president now owns 793 shares in the company, valued at approximately $346,541. The trade was a 87.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Reddy Sandeep sold 399 shares of the 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 transaction, the executive vice president now directly owns 8,756 shares in the company, valued at $4,046,848.08. The trade was a 4.36 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,996 shares of company stock valued at $3,946,461. Company insiders own 0.83% of the company's stock.

Analyst Ratings Changes

DPZ has been the topic of several recent research reports. Bank of America increased their price target on shares of Domino's Pizza from $520.00 to $549.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. BMO Capital Markets boosted their price target on Domino's Pizza from $515.00 to $540.00 and gave the company an "outperform" rating in a report on Tuesday, April 29th. Morgan Stanley boosted their price objective on Domino's Pizza from $492.00 to $510.00 and gave the company an "overweight" rating in a research note on Tuesday, April 29th. Stephens restated an "equal weight" rating and set a $440.00 target price on shares of Domino's Pizza in a research note on Wednesday, April 2nd. Finally, Loop Capital lifted their price target on shares of Domino's Pizza from $555.00 to $564.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $498.50.

Domino's Pizza Trading Up 0.7 %

Shares of NASDAQ:DPZ traded up $3.22 during trading on Friday, reaching $484.61. The company's stock had a trading volume of 594,853 shares, compared to its average volume of 621,956. The firm's 50 day simple moving average is $464.71 and its two-hundred day simple moving average is $450.36. Domino's Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $538.44. The stock has a market capitalization of $16.59 billion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15.

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

Domino's Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a $1.74 dividend. The ex-dividend date 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 (DPR) is presently 39.91%.

About Domino's Pizza

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.