Deutsche Bank AG Sells 29,704 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

Deutsche Bank AG reduced its holdings in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 18.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 133,486 shares of the restaurant operator's stock after selling 29,704 shares during the quarter. Deutsche Bank AG owned about 0.39% of Domino's Pizza worth $56,032,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of DPZ. Berkshire Hathaway Inc lifted its position 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 worth $999,868,000 after acquiring an additional 1,104,744 shares in the last quarter. Norges Bank bought a new stake in shares of Domino's Pizza during the 4th quarter valued at $250,571,000. Invesco Ltd. lifted its holdings in Domino's Pizza by 46.0% during the 4th quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock worth $255,649,000 after purchasing an additional 191,752 shares in the last quarter. Freestone Grove Partners LP bought a new position in Domino's Pizza in the 4th quarter worth about $56,647,000. Finally, Vaughan Nelson Investment Management L.P. purchased a new position in Domino's Pizza during the 4th quarter valued at about $41,701,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Domino's Pizza

In other Domino's Pizza news, EVP Reddy Sandeep sold 399 shares of the business's stock in a transaction on Wednesday, April 2nd. The shares were 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. The trade was a 4.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kelly E. Garcia sold 2,104 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was 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 in the company, valued at $2,486,359.72. This trade represents a 26.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,996 shares of company stock valued at $3,946,461 in the last ninety days. 0.83% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

DPZ has been the subject of a number of analyst reports. 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. Loop Capital increased their price objective on Domino's Pizza from $555.00 to $564.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Benchmark boosted their target price on Domino's Pizza from $520.00 to $535.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Argus reaffirmed a "hold" rating and issued a $490.00 price target on shares of Domino's Pizza in a report on Tuesday, April 29th. Finally, Wedbush reaffirmed an "outperform" rating and issued a $500.00 target price on shares of Domino's Pizza in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, eight have assigned 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.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $498.50.

Domino's Pizza Price Performance

Shares of DPZ opened at $482.11 on Tuesday. The firm has a market capitalization of $16.51 billion, a PE ratio of 29.61, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15. The company has a 50-day simple moving average of $464.30 and a two-hundred day simple moving average of $452.84. Domino's Pizza, Inc. has a one year low of $396.06 and a one year high of $538.44.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted its quarterly earnings data 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. 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 quarter in the prior year, the company earned $3.58 earnings per share. The firm's quarterly revenue was up 2.5% compared to the same quarter last year. Analysts expect that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino's Pizza Announces Dividend

The firm 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 dividend of $1.74 per share. 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 payout ratio is 39.91%.

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.

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