Russell Investments Group Ltd. Has $12.44 Million Holdings in Domino's Pizza, Inc. (NASDAQ:DPZ)

Russell Investments Group Ltd. trimmed its position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 43.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,634 shares of the restaurant operator's stock after selling 23,192 shares during the quarter. Russell Investments Group Ltd. owned 0.09% of Domino's Pizza worth $12,441,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. KG&L Capital Management LLC lifted its position in shares of Domino's Pizza by 1.4% during the 4th quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator's stock worth $724,000 after buying an additional 23 shares during the period. Oppenheimer & Co. Inc. raised its stake in Domino's Pizza by 2.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator's stock worth $486,000 after acquiring an additional 23 shares in the last quarter. Greenleaf Trust lifted its holdings in shares of Domino's Pizza by 3.1% during the fourth quarter. Greenleaf Trust now owns 854 shares of the restaurant operator's stock valued at $358,000 after acquiring an additional 26 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Domino's Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock valued at $38,000 after acquiring an additional 26 shares during the period. Finally, Larson Financial Group LLC boosted its stake in shares of Domino's Pizza by 2.8% in the 4th quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator's stock valued at $427,000 after purchasing an additional 28 shares in the last quarter. 94.63% of the stock is owned by institutional investors.

Domino's Pizza Trading Down 0.1 %

Shares of NASDAQ:DPZ traded down $0.67 during midday trading on Wednesday, hitting $467.89. The company had a trading volume of 57,895 shares, compared to its average volume of 623,825. Domino's Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75. The firm has a fifty day simple moving average of $462.33 and a 200 day simple moving average of $445.05. The stock has a market cap of $16.05 billion, a price-to-earnings ratio of 28.74, a PEG ratio of 2.47 and a beta of 1.15.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.93 by ($0.04). The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.47 billion. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. Domino's Pizza's quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the business posted $4.48 EPS. Equities analysts forecast that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino's Pizza Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a $1.74 dividend. The ex-dividend date of this dividend was Friday, March 14th. This is a positive change from Domino's Pizza's previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a yield of 1.49%. Domino's Pizza's dividend payout ratio (DPR) is 41.70%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Wedbush reiterated an "outperform" rating and set a $500.00 target price on shares of Domino's Pizza in a research report on Tuesday, February 25th. Loop Capital dropped their price objective on shares of Domino's Pizza from $559.00 to $555.00 and set a "buy" rating for the company in a report on Tuesday, February 25th. BMO Capital Markets boosted their target price on Domino's Pizza from $500.00 to $515.00 and gave the stock an "outperform" rating in a report on Tuesday, February 25th. Morgan Stanley decreased their price target on Domino's Pizza from $510.00 to $496.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 21st. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $500.00 price objective on shares of Domino's Pizza in a research report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $499.69.

Insider Transactions at Domino's Pizza

In other news, EVP Kevin Scott Morris sold 5,416 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the completion of the sale, the executive vice president now owns 793 shares of the company's stock, valued at $346,541. This represents a 87.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Reddy Sandeep sold 1,077 shares of the company's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total transaction of $477,326.40. Following the completion of the transaction, the chief financial officer now directly owns 8,081 shares of the company's stock, valued at approximately $3,581,499.20. The trade was a 11.76 % decrease in their ownership of the stock. 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 over the last three months. 0.83% of the stock is currently owned by corporate insiders.

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.