Empire Financial Management Company LLC Acquires 871 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

Empire Financial Management Company LLC increased its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 38.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,162 shares of the restaurant operator's stock after acquiring an additional 871 shares during the period. Empire Financial Management Company LLC's holdings in Domino's Pizza were worth $1,327,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Domino's Pizza during the fourth quarter worth $250,571,000. Invesco Ltd. grew its holdings in shares of Domino's Pizza by 46.0% during the fourth quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock worth $255,649,000 after purchasing an additional 191,752 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in shares of Domino's Pizza in the fourth quarter valued at approximately $41,701,000. Geode Capital Management LLC raised its holdings in Domino's Pizza by 10.7% in the 4th quarter. Geode Capital Management LLC now owns 955,160 shares of the restaurant operator's stock valued at $403,203,000 after buying an additional 92,389 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Domino's Pizza during the 4th quarter worth approximately $32,592,000. 94.63% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Kevin Scott Morris sold 5,416 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The shares were 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 $346,541. This trade represents a 87.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Kelly E. Garcia sold 2,104 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the executive vice president now directly owns 5,699 shares of the company's stock, valued at approximately $2,486,359.72. This represents a 26.96 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,996 shares of company stock worth $3,946,461 in the last quarter. 0.83% of the stock is owned by company insiders.

Domino's Pizza Trading Up 0.3 %

Shares of DPZ stock traded up $1.53 during trading hours on Tuesday, hitting $492.17. 227,764 shares of the company were exchanged, compared to its average volume of 628,354. Domino's Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The firm has a fifty day simple moving average of $462.91 and a 200 day simple moving average of $448.85. The stock has a market capitalization of $16.88 billion, a price-to-earnings ratio of 30.22, a P/E/G 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 EPS 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 company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period last year, the firm earned $3.58 EPS. Domino's Pizza's revenue for the quarter was up 2.5% on a year-over-year basis. Sell-side analysts anticipate that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a dividend of $1.74 per share. This is a boost from Domino's Pizza's previous quarterly dividend of $1.51. The ex-dividend date of this dividend was Friday, March 14th. This represents a $6.96 dividend on an annualized basis and a yield of 1.41%. Domino's Pizza's dividend payout ratio is 39.91%.

Analyst Ratings Changes

A number of equities analysts have recently commented on DPZ shares. Hsbc Global Res upgraded shares of Domino's Pizza to a "strong-buy" rating in a report on Tuesday, April 22nd. Stephens restated an "equal weight" rating and set a $440.00 price target on shares of Domino's Pizza in a report on Wednesday, April 2nd. 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 research note on Tuesday. Barclays lifted their target price on shares of Domino's Pizza from $420.00 to $425.00 and gave the stock an "underweight" rating in a research note on Tuesday, April 22nd. Finally, TD Securities restated a "buy" rating and set a $490.00 target price on shares of Domino's Pizza in a research report on Monday. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Domino's Pizza has an average rating of "Moderate Buy" and a consensus price target of $502.08.

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.