20,000 Shares in Domino's Pizza, Inc. (NASDAQ:DPZ) Purchased by BLI Banque de Luxembourg Investments

BLI Banque de Luxembourg Investments bought a new position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,000 shares of the restaurant operator's stock, valued at approximately $8,416,000. BLI Banque de Luxembourg Investments owned 0.06% of Domino's Pizza at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in DPZ. Principal Financial Group Inc. raised its position in Domino's Pizza by 1.4% during the third 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 during the last quarter. Franklin Resources Inc. grew its holdings in Domino's Pizza by 42.8% during the 3rd quarter. Franklin Resources Inc. now owns 27,031 shares of the restaurant operator's stock valued at $11,571,000 after buying an additional 8,103 shares during the last quarter. GAMMA Investing LLC increased its position in 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 buying an additional 78 shares in the last quarter. Pensionfund Sabic acquired a new position in shares of Domino's Pizza in the fourth quarter worth $1,175,000. Finally, Doliver Advisors LP purchased a new stake in shares of Domino's Pizza in the fourth quarter valued at $580,000. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino's Pizza Price Performance

NASDAQ:DPZ traded up $1.87 during mid-day trading on Tuesday, reaching $479.71. The stock had a trading volume of 458,713 shares, compared to its average volume of 621,570. The stock's 50 day simple moving average is $464.63 and its two-hundred day simple moving average is $451.05. Domino's Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $538.44. The company has a market capitalization of $16.43 billion, a price-to-earnings ratio of 29.47, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15.

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

Domino's Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a $1.74 dividend. The ex-dividend date is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.45%. Domino's Pizza's payout ratio is currently 39.91%.

Wall Street Analysts Forecast Growth

DPZ has been the topic of a number of recent research reports. Guggenheim upped their target price on shares of Domino's Pizza from $450.00 to $460.00 and gave the company a "neutral" rating in a report on Tuesday, April 22nd. Wedbush restated an "outperform" rating and set a $500.00 target price on shares of Domino's Pizza in a research report on Tuesday, February 25th. TD Cowen reissued a "buy" rating and set a $490.00 price target on shares of Domino's Pizza in a research note on Monday, February 24th. Oppenheimer increased their target price on Domino's Pizza from $490.00 to $495.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 7th. Finally, Argus reissued a "hold" rating and issued a $490.00 price target on shares of Domino's Pizza in a research note on Tuesday, April 29th. One analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $498.50.

Insider Activity

In other news, EVP Kelly E. Garcia sold 2,104 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total transaction of $917,933.12. Following the completion of the transaction, the executive vice president now owns 5,699 shares of the company's stock, valued at approximately $2,486,359.72. The trade was a 26.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Reddy Sandeep sold 399 shares of the stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total transaction of $184,409.82. Following the completion of the sale, the executive vice president now directly owns 8,756 shares in the company, valued at approximately $4,046,848.08. This trade represents a 4.36 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 8,996 shares of company stock valued at $3,946,461. Company insiders own 0.83% of the company's stock.

Domino's Pizza Profile

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.