Domino's Pizza, Inc. (NASDAQ:DPZ) Shares Purchased by Benjamin Edwards Inc.

Benjamin Edwards Inc. boosted its holdings in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 21.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,255 shares of the restaurant operator's stock after purchasing an additional 571 shares during the period. Benjamin Edwards Inc.'s holdings in Domino's Pizza were worth $1,366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its stake in shares of Domino's Pizza by 278.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator's stock worth $4,643,000 after buying an additional 8,136 shares during the last quarter. Empowered Funds LLC boosted its holdings in Domino's Pizza by 44.6% during the fourth quarter. Empowered Funds LLC now owns 5,713 shares of the restaurant operator's stock worth $2,398,000 after buying an additional 1,762 shares in the last quarter. Alta Capital Management LLC grew its position in Domino's Pizza by 20.5% during the fourth quarter. Alta Capital Management LLC now owns 7,144 shares of the restaurant operator's stock valued at $2,999,000 after buying an additional 1,214 shares during the period. Principal Financial Group Inc. increased its holdings 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. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Domino's Pizza in the fourth quarter worth about $282,000. 94.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. BTIG Research set a $530.00 price objective on shares of Domino's Pizza and gave the company a "buy" rating in a report on Monday, April 28th. BMO Capital Markets lifted their target price on Domino's Pizza from $515.00 to $540.00 and gave the company an "outperform" rating in a research report on Tuesday, April 29th. TD Cowen reiterated a "buy" rating and issued a $490.00 target price on shares of Domino's Pizza in a report on Monday, February 24th. TD Securities reissued a "buy" rating and set a $490.00 price target on shares of Domino's Pizza in a research report on Monday, April 28th. Finally, Citigroup raised their price target on shares of Domino's Pizza from $480.00 to $500.00 and gave the company a "neutral" rating in a research report on Tuesday, April 29th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Domino's Pizza presently has a consensus rating of "Moderate Buy" and a consensus price target of $498.50.

Domino's Pizza Stock Performance

Shares of DPZ opened at $476.82 on Thursday. The company has a market capitalization of $16.33 billion, a price-to-earnings ratio of 29.29, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15. Domino's Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $538.44. The firm has a 50-day simple moving average of $464.37 and a 200-day simple moving average of $451.23.

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, beating analysts' consensus estimates of $4.12 by $0.21. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates 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 earnings per share. Equities research analysts forecast that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a dividend of $1.74 per share. The ex-dividend date is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.46%. Domino's Pizza's dividend payout ratio (DPR) is 39.91%.

Insider Buying and Selling

In other Domino's Pizza news, 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 completion of the transaction, the executive vice president now owns 8,756 shares in the company, valued at approximately $4,046,848.08. This represents a 4.36 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Kelly E. Garcia sold 2,104 shares of the company's stock in a transaction 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 transaction, the executive vice president now directly owns 5,699 shares in the company, valued at approximately $2,486,359.72. This trade represents a 26.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,996 shares of company stock valued at $3,946,461 over the last ninety days. Corporate insiders own 0.83% of the company's stock.

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.

Want to see what other hedge funds are holding DPZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report).

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.