Dimensional Fund Advisors LP Has $68.06 Million Stock Holdings in Domino's Pizza, Inc. (NASDAQ:DPZ)

Dimensional Fund Advisors LP increased its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 4.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,140 shares of the restaurant operator's stock after purchasing an additional 6,239 shares during the period. Dimensional Fund Advisors LP owned 0.47% of Domino's Pizza worth $68,063,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DPZ. KG&L Capital Management LLC increased its holdings in Domino's Pizza by 1.4% in the fourth 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 last quarter. Oppenheimer & Co. Inc. grew its position in Domino's Pizza by 2.0% in 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 increased its stake in shares of Domino's Pizza by 3.1% during the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator's stock worth $358,000 after purchasing an additional 26 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Domino's Pizza by 40.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock valued at $38,000 after purchasing an additional 26 shares in the last quarter. Finally, Larson Financial Group LLC lifted 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 during the last quarter. Institutional investors own 94.63% of the company's stock.

Insider Buying and Selling at Domino's Pizza

In related news, CFO Reddy Sandeep sold 1,077 shares of the firm'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 sale, the chief financial officer now directly owns 8,081 shares of the company's stock, valued at $3,581,499.20. This trade represents a 11.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kevin Scott Morris sold 5,416 shares of the business's stock in a transaction on 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 completion of the transaction, the executive vice president now directly owns 793 shares in the company, valued at approximately $346,541. This represents a 87.23 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,996 shares of company stock valued at $3,946,461. 0.83% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on DPZ shares. Citigroup raised their target price on Domino's Pizza from $480.00 to $500.00 and gave the company a "neutral" rating in a report on Tuesday, April 29th. Royal Bank of Canada raised their price objective on Domino's Pizza from $500.00 to $550.00 and gave the company an "outperform" rating in a research note on Tuesday, April 29th. Wedbush reaffirmed an "outperform" rating and set a $500.00 target price on shares of Domino's Pizza in a research report on Tuesday, February 25th. Oppenheimer increased their price target on Domino's Pizza from $490.00 to $495.00 and gave the company an "outperform" rating in a report on Tuesday, January 7th. Finally, Barclays reduced their price objective on shares of Domino's Pizza from $425.00 to $420.00 and set an "underweight" rating for the company in a research note on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have given a buy rating and two have assigned 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 NASDAQ:DPZ traded down $5.05 during midday trading on Tuesday, reaching $472.80. 51,655 shares of the company's stock were exchanged, compared to its average volume of 619,172. The company's 50 day simple moving average is $464.68 and its two-hundred day simple moving average is $450.85. Domino's Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $538.44. The firm has a market capitalization of $16.19 billion, a PE ratio of 29.11, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 earnings per share for the quarter, beating 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 company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the previous year, the business earned $3.58 earnings per share. The company's quarterly revenue was up 2.5% on a year-over-year basis. On average, research analysts anticipate that Domino's Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino's Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $1.74 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 annualized dividend and a yield of 1.47%. Domino's Pizza's dividend payout ratio is currently 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.