Siemens Fonds Invest GmbH Takes $18.54 Million Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

Siemens Fonds Invest GmbH acquired a new position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 44,178 shares of the restaurant operator's stock, valued at approximately $18,544,000. Domino's Pizza accounts for approximately 0.7% of Siemens Fonds Invest GmbH's investment portfolio, making the stock its 23rd biggest position. Siemens Fonds Invest GmbH owned 0.13% of Domino's Pizza as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in DPZ. Sherman Asset Management Inc. acquired a new stake in Domino's Pizza in the 4th quarter valued at $25,000. Brown Brothers Harriman & Co. grew its stake in Domino's Pizza by 1,016.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator's stock valued at $28,000 after acquiring an additional 61 shares during the period. Covestor Ltd grew its stake in Domino's Pizza by 158.1% in the 4th quarter. Covestor Ltd now owns 80 shares of the restaurant operator's stock valued at $34,000 after acquiring an additional 49 shares during the period. EverSource Wealth Advisors LLC grew its stake in 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 acquiring an additional 26 shares during the period. Finally, Lee Danner & Bass Inc. acquired a new stake in Domino's Pizza in the 4th quarter valued at $42,000. Institutional investors and hedge funds own 94.63% of the company's stock.

Analyst Upgrades and Downgrades

DPZ has been the topic of a number of research analyst reports. Stephens reissued an "equal weight" rating and issued a $440.00 price target on shares of Domino's Pizza in a research note on Wednesday, April 2nd. BMO Capital Markets lifted their price target on shares of Domino's Pizza from $515.00 to $540.00 and gave the company an "outperform" rating in a research note on Tuesday, April 29th. Wedbush reissued an "outperform" rating and issued a $500.00 price target on shares of Domino's Pizza in a research note on Tuesday, February 25th. BTIG Research set a $530.00 price target on shares of Domino's Pizza and gave the company a "buy" rating in a research note on Monday, April 28th. Finally, Benchmark raised their price objective on Domino's Pizza from $520.00 to $535.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. 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 issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $498.50.

Insider Activity at Domino's Pizza

In other Domino's Pizza news, EVP Kevin Scott Morris sold 5,416 shares of Domino's Pizza stock in a transaction dated Thursday, March 13th. The stock was 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 directly owns 793 shares of the company's stock, valued at $346,541. The trade was a 87.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Reddy Sandeep sold 399 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $462.18, for a total value of $184,409.82. Following the completion of the transaction, the executive vice president now owns 8,756 shares in the company, valued at approximately $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 three months, insiders sold 8,996 shares of company stock worth $3,946,461. Company insiders own 0.83% of the company's stock.

Domino's Pizza Price Performance

Shares of NASDAQ DPZ traded down $1.98 during midday trading on Friday, hitting $472.54. The company's stock had a trading volume of 1,229,905 shares, compared to its average volume of 630,141. The firm has a market capitalization of $16.18 billion, a price-to-earnings ratio of 29.03, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15. The business's fifty day simple moving average is $473.18 and its two-hundred day simple moving average is $457.65. Domino's Pizza, Inc. has a 1 year low of $396.06 and a 1 year high of $538.44.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released 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 company had revenue of $1.11 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business earned $3.58 EPS. Analysts anticipate that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino's Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $1.74 dividend. The ex-dividend date is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a yield of 1.47%. Domino's Pizza's dividend payout ratio (DPR) is presently 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.