Domino's Pizza, Inc. (NASDAQ:DPZ) Stock Holdings Increased by Lido Advisors LLC

Lido Advisors LLC raised its holdings in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 3,295.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 71,669 shares of the restaurant operator's stock after acquiring an additional 69,558 shares during the quarter. Lido Advisors LLC owned approximately 0.21% of Domino's Pizza worth $30,084,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the business. Sherman Asset Management Inc. acquired a new position in Domino's Pizza during the fourth quarter worth approximately $25,000. Brown Brothers Harriman & Co. increased its stake in Domino's Pizza by 1,016.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator's stock worth $28,000 after acquiring an additional 61 shares during the period. Covestor Ltd raised its stake in Domino's Pizza by 158.1% in the fourth quarter. Covestor Ltd now owns 80 shares of the restaurant operator's stock valued at $34,000 after purchasing an additional 49 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Domino's Pizza by 40.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock valued at $38,000 after buying an additional 26 shares in the last quarter. Finally, Lee Danner & Bass Inc. acquired a new position in Domino's Pizza during the fourth quarter valued at approximately $42,000. Institutional investors own 94.63% of the company's stock.

Insider Transactions at Domino's Pizza

In other Domino's Pizza news, EVP Kevin Scott Morris sold 5,416 shares of the firm's stock in a transaction dated 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 sale, the executive vice president now directly owns 793 shares of the company's stock, valued at approximately $346,541. This trade represents a 87.23 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 transaction of $184,409.82. Following the completion of the sale, the executive vice president now directly 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. Over the last 90 days, insiders have sold 8,996 shares of company stock worth $3,946,461. Corporate insiders own 0.83% of the company's stock.

Domino's Pizza Stock Up 0.7 %

Shares of DPZ traded up $3.22 during midday trading on Friday, reaching $484.61. The company had a trading volume of 594,853 shares, compared to its average volume of 621,191. The firm has a 50 day simple moving average of $464.42 and a 200-day simple moving average of $449.81. Domino's Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $538.44. The stock has a market cap of $16.62 billion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share for the quarter, topping the consensus estimate of $4.12 by $0.21. Domino's Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the prior year, the firm earned $3.58 EPS. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Domino's Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino's Pizza Dividend Announcement

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 $1.74 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 annualized dividend and a yield of 1.44%. Domino's Pizza's dividend payout ratio is presently 39.91%.

Wall Street Analysts Forecast Growth

DPZ has been the subject of a number of research reports. BTIG Research set a $530.00 target price on shares of Domino's Pizza and gave the stock a "buy" rating in a report on Monday. Stephens reiterated an "equal weight" rating and set a $440.00 price objective on shares of Domino's Pizza in a research report on Wednesday, April 2nd. Argus reiterated a "hold" rating and issued a $490.00 target price on shares of Domino's Pizza in a report on Tuesday. Loop Capital upped their price objective on shares of Domino's Pizza from $555.00 to $564.00 and gave the company a "buy" rating in a report on Tuesday. Finally, Bank of America raised their price objective on shares of Domino's Pizza from $520.00 to $549.00 and gave the company a "buy" rating in a research note on Tuesday. 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 given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $498.50.

Domino's Pizza Company 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.