BW Gestao de Investimentos Ltda. Acquires Shares of 4,905 Domino's Pizza, Inc. (NASDAQ:DPZ)

BW Gestao de Investimentos Ltda. bought a new position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,905 shares of the restaurant operator's stock, valued at approximately $2,059,000.

Several other institutional investors have also bought and sold shares of the stock. Berkshire Hathaway Inc lifted its holdings in shares of Domino's Pizza by 86.5% during the fourth quarter. Berkshire Hathaway Inc now owns 2,382,000 shares of the restaurant operator's stock valued at $999,868,000 after acquiring an additional 1,104,744 shares during the period. Principal Financial Group Inc. boosted its position in Domino's Pizza by 1.3% in the fourth quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator's stock valued at $708,498,000 after buying an additional 21,705 shares in the last quarter. Geode Capital Management LLC grew its stake in Domino's Pizza by 10.7% during the fourth quarter. Geode Capital Management LLC now owns 955,160 shares of the restaurant operator's stock worth $403,203,000 after buying an additional 92,389 shares during the last quarter. Invesco Ltd. raised its stake in shares of Domino's Pizza by 46.0% in the fourth quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock valued at $255,649,000 after acquiring an additional 191,752 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Domino's Pizza in the 4th quarter worth approximately $250,571,000. Institutional investors and hedge funds own 94.63% of the company's stock.

Domino's Pizza Stock Up 0.7 %

Shares of DPZ stock opened at $484.61 on Friday. Domino's Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $538.44. The firm has a fifty day moving average of $464.71 and a 200-day moving average of $450.36. The company has a market capitalization of $16.62 billion, a price-to-earnings ratio of 29.77, a P/E/G 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 (EPS) for the quarter, topping analysts' consensus estimates of $4.12 by $0.21. The firm had revenue of $1.11 billion during the quarter, compared to analysts' expectations 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 was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.58 EPS. On average, equities analysts expect that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Dividend Announcement

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

Insiders Place Their Bets

In related news, EVP Reddy Sandeep sold 399 shares of Domino's Pizza stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total value of $184,409.82. Following the sale, the executive vice president now owns 8,756 shares of the company's stock, valued at approximately $4,046,848.08. The trade was a 4.36 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kevin Scott Morris sold 5,416 shares of the company's stock in a transaction dated 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. Insiders sold a total of 8,996 shares of company stock valued at $3,946,461 in the last quarter. 0.83% of the stock is currently owned by insiders.

Analysts Set New Price Targets

DPZ has been the topic of several research analyst reports. Citigroup increased their target price on Domino's Pizza from $480.00 to $500.00 and gave the stock a "neutral" rating in a report on Tuesday, April 29th. BTIG Research set a $530.00 price objective on shares of Domino's Pizza and gave the company a "buy" rating in a research report on Monday, April 28th. Wells Fargo & Company boosted their target price on shares of Domino's Pizza from $445.00 to $465.00 and gave the stock an "equal weight" rating in a research note on Tuesday, April 29th. Morgan Stanley increased their price target on shares of Domino's Pizza from $492.00 to $510.00 and gave the company an "overweight" rating in a research note on Tuesday, April 29th. Finally, Wedbush restated an "outperform" rating and issued a $500.00 price objective on shares of Domino's Pizza in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Domino's Pizza presently has a consensus rating of "Moderate Buy" and a consensus target price of $498.50.

Domino's Pizza Company 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.

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.