OneDigital Investment Advisors LLC Decreases Stock Holdings in Domino's Pizza, Inc. (NASDAQ:DPZ)

OneDigital Investment Advisors LLC lessened its stake in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 75.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 778 shares of the restaurant operator's stock after selling 2,411 shares during the period. OneDigital Investment Advisors LLC's holdings in Domino's Pizza were worth $327,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of DPZ. Principal Financial Group Inc. boosted its stake in shares of Domino's Pizza by 1.4% in the 3rd quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator's stock valued at $716,681,000 after purchasing an additional 23,681 shares in the last quarter. SkyView Investment Advisors LLC boosted its stake in shares of Domino's Pizza by 11.5% in the 3rd quarter. SkyView Investment Advisors LLC now owns 2,853 shares of the restaurant operator's stock valued at $1,227,000 after purchasing an additional 295 shares in the last quarter. Tidal Investments LLC boosted its stake in shares of Domino's Pizza by 737.1% in the 3rd quarter. Tidal Investments LLC now owns 57,441 shares of the restaurant operator's stock valued at $24,708,000 after purchasing an additional 50,579 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of Domino's Pizza by 42.8% in the 3rd quarter. Franklin Resources Inc. now owns 27,031 shares of the restaurant operator's stock valued at $11,571,000 after purchasing an additional 8,103 shares in the last quarter. Finally, Oddo BHF Asset Management Sas purchased a new stake in shares of Domino's Pizza in the 3rd quarter valued at $1,649,000. Hedge funds and other institutional investors own 94.63% of the company's stock.

Analysts Set New Price Targets

Several brokerages have weighed in on DPZ. Bank of America increased their price target on shares of Domino's Pizza from $520.00 to $549.00 and gave the company a "buy" rating in a research report on Tuesday. Barclays dropped their price target on shares of Domino's Pizza from $425.00 to $420.00 and set an "underweight" rating for the company in a research report on Wednesday. Oppenheimer increased their price target on shares of Domino's Pizza from $490.00 to $495.00 and gave the company an "outperform" rating in a research report on Tuesday, January 7th. TD Cowen reissued a "buy" rating and set a $490.00 price target on shares of Domino's Pizza in a research report on Monday, February 24th. Finally, Wedbush reissued an "outperform" rating and set a $500.00 price target on shares of Domino's Pizza in a research report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $498.50.

Insiders Place Their Bets

In other Domino's Pizza news, EVP Kelly E. Garcia sold 2,104 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total value of $917,933.12. Following the completion of the sale, the executive vice president now owns 5,699 shares in the company, valued at approximately $2,486,359.72. This represents a 26.96 % decrease in their position. The sale was disclosed in a filing with the SEC, 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 completion of the sale, the executive vice president now owns 8,756 shares of the company's stock, 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 quarter, insiders sold 8,996 shares of company stock worth $3,946,461. Corporate insiders own 0.83% of the company's stock.

Domino's Pizza Trading Down 1.8 %

DPZ stock traded down $8.98 during midday trading on Thursday, hitting $481.39. The company's stock had a trading volume of 499,131 shares, compared to its average volume of 621,572. The firm's 50-day moving average is $463.90 and its 200-day moving average is $449.45. The company has a market cap of $16.51 billion, a PE ratio of 29.57, a P/E/G ratio of 2.47 and a beta of 1.15. Domino's Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $538.44.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly 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 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.58 EPS. Analysts expect that Domino's Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino's Pizza Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a yield of 1.45%. Domino's Pizza's payout ratio 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.