Worldquant Millennium Advisors LLC Takes Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

Worldquant Millennium Advisors LLC bought a new position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 41,991 shares of the restaurant operator's stock, valued at approximately $17,626,000. Worldquant Millennium Advisors LLC owned 0.12% of Domino's Pizza at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DPZ. Berkshire Hathaway Inc increased its stake in shares of Domino's Pizza by 86.5% in the fourth quarter. Berkshire Hathaway Inc now owns 2,382,000 shares of the restaurant operator's stock worth $999,868,000 after purchasing an additional 1,104,744 shares during the period. Norges Bank acquired a new stake in Domino's Pizza in the 4th quarter valued at approximately $250,571,000. Invesco Ltd. grew its holdings in Domino's Pizza by 46.0% in the 4th quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock valued at $255,649,000 after buying an additional 191,752 shares during the last quarter. Freestone Grove Partners LP bought a new position in Domino's Pizza in the 4th quarter worth approximately $56,647,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in shares of Domino's Pizza during the fourth quarter worth approximately $41,701,000. Institutional investors and hedge funds own 94.63% of the company's stock.

Domino's Pizza Stock Performance

Shares of NASDAQ DPZ traded down $1.83 during midday trading on Monday, reaching $480.43. 352,267 shares of the company traded hands, compared to its average volume of 627,203. Domino's Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $538.44. The stock's 50-day simple moving average is $471.59 and its 200-day simple moving average is $456.72. The firm has a market cap of $16.45 billion, a PE ratio of 29.51, a PEG 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 (EPS) for the quarter, topping analysts' consensus estimates of $4.12 by $0.21. The business had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.12 billion. Domino's Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the company posted $3.58 EPS. On average, equities research analysts expect that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend is Friday, June 13th. Domino's Pizza's dividend payout ratio (DPR) is currently 39.91%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Hsbc Global Res upgraded shares of Domino's Pizza to a "strong-buy" rating in a research note on Tuesday, April 22nd. Guggenheim reissued a "neutral" rating on shares of Domino's Pizza in a report on Thursday, May 15th. Argus restated a "hold" rating and issued a $490.00 price target on shares of Domino's Pizza in a research report on Tuesday, April 29th. Barclays cut 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 report on Wednesday, April 30th. Finally, Wells Fargo & Company lifted their target price on Domino's Pizza from $445.00 to $465.00 and gave the stock an "equal weight" rating in a research report on Tuesday, April 29th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Domino's Pizza has an average rating of "Moderate Buy" and a consensus price target of $498.50.

Insider Transactions at Domino's Pizza

In other news, EVP Kelly E. Garcia sold 2,104 shares of the firm's 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 directly owns 5,699 shares in the company, valued at approximately $2,486,359.72. This trade represents a 26.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Reddy Sandeep sold 1,077 shares of the company's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total transaction of $477,326.40. Following the transaction, the chief financial officer now owns 8,081 shares in the company, valued at approximately $3,581,499.20. This trade represents a 11.76% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,996 shares of company stock valued at $3,946,461 in the last three months. 0.83% of the stock is 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.