PharVision Advisers LLC Takes $318,000 Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

PharVision Advisers LLC acquired a new position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 758 shares of the restaurant operator's stock, valued at approximately $318,000.

Several other institutional investors have also bought and sold shares of DPZ. Merit Financial Group LLC acquired a new position in shares of Domino's Pizza during the 4th quarter valued at $354,000. HB Wealth Management LLC increased its position in shares of Domino's Pizza by 6.5% during the 4th quarter. HB Wealth Management LLC now owns 891 shares of the restaurant operator's stock valued at $374,000 after purchasing an additional 54 shares during the period. MassMutual Private Wealth & Trust FSB increased its position in shares of Domino's Pizza by 49.4% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,741 shares of the restaurant operator's stock valued at $731,000 after purchasing an additional 576 shares during the period. Atomi Financial Group Inc. increased its position in shares of Domino's Pizza by 8.4% during the 4th quarter. Atomi Financial Group Inc. now owns 540 shares of the restaurant operator's stock valued at $227,000 after purchasing an additional 42 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in shares of Domino's Pizza by 278.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator's stock valued at $4,643,000 after purchasing an additional 8,136 shares during the period. Institutional investors and hedge funds own 94.63% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Loop Capital increased their target price 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, April 29th. Robert W. Baird increased their target price on shares of Domino's Pizza from $500.00 to $535.00 and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. Benchmark increased their target price on shares of Domino's Pizza from $520.00 to $535.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. TD Cowen reissued a "buy" rating and set a $490.00 target price on shares of Domino's Pizza in a research note on Monday, February 24th. Finally, Stephens reissued an "equal weight" rating and set a $440.00 target price on shares of Domino's Pizza in a research note on Wednesday, April 2nd. One investment 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 stock. According to 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 news, CFO Reddy Sandeep sold 1,077 shares of the business's stock in a transaction dated Tuesday, March 11th. The shares were 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. The trade was a 11.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Kelly E. Garcia sold 2,104 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total transaction of $917,933.12. Following the transaction, the executive vice president now owns 5,699 shares in the company, valued at approximately $2,486,359.72. The trade was 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 90 days. 0.83% of the stock is owned by company insiders.

Domino's Pizza Stock Down 0.4%

Shares of NASDAQ:DPZ traded down $1.83 during trading on Friday, reaching $480.43. The stock had a trading volume of 352,267 shares, compared to its average volume of 627,203. Domino's Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $538.44. The firm has a market capitalization of $16.45 billion, a price-to-earnings ratio of 29.51, a P/E/G ratio of 2.47 and a beta of 1.15. The stock has a fifty day simple moving average of $471.59 and a two-hundred day simple moving average of $456.66.

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, beating the consensus estimate 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 firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the company earned $3.58 EPS. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. On average, analysts forecast that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a dividend of $1.74 per share. The ex-dividend date is Friday, June 13th. This represents a $6.96 annualized dividend and a yield of 1.45%. Domino's Pizza's payout ratio is 39.91%.

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.