PharVision Advisers LLC Makes New Investment in Domino's Pizza, Inc. (NASDAQ:DPZ)

PharVision Advisers LLC acquired a new position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 758 shares of the restaurant operator's stock, valued at approximately $318,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Merit Financial Group LLC bought a new stake in Domino's Pizza in the fourth quarter valued at about $354,000. HB Wealth Management LLC lifted its stake in Domino's Pizza by 6.5% during the fourth quarter. HB Wealth Management LLC now owns 891 shares of the restaurant operator's stock worth $374,000 after purchasing an additional 54 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in Domino's Pizza by 49.4% during the fourth 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 in the last quarter. Atomi Financial Group Inc. boosted its holdings in Domino's Pizza by 8.4% during the fourth 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 in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of Domino's Pizza by 278.2% in 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. 94.63% of the stock is currently owned by institutional investors.

Insider Activity at Domino's Pizza

In other Domino's Pizza news, EVP Reddy Sandeep sold 399 shares of the business's stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $462.18, for a total transaction of $184,409.82. Following 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 sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Kelly E. Garcia sold 2,104 shares of the firm's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total value of $917,933.12. Following the completion of the transaction, the executive vice president now owns 5,699 shares of the company's stock, valued at $2,486,359.72. The trade was a 26.96% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,996 shares of company stock valued at $3,946,461. 0.83% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Barclays cut their target price on 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. Citigroup lifted their price objective on Domino's Pizza from $480.00 to $500.00 and gave the company a "neutral" rating in a report on Tuesday, April 29th. Bank of America boosted their target price 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, April 29th. Guggenheim reiterated a "neutral" rating on shares of Domino's Pizza in a research report on Thursday, May 15th. Finally, TD Securities reissued a "buy" rating and set a $490.00 price target on shares of Domino's Pizza in a report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Domino's Pizza currently has an average rating of "Moderate Buy" and a consensus target price of $498.50.

Domino's Pizza Price Performance

Shares of Domino's Pizza stock traded up $4.98 on Tuesday, hitting $485.41. The company had a trading volume of 104,226 shares, compared to its average volume of 625,145. The stock has a 50-day moving average of $471.96 and a 200-day moving average of $456.86. Domino's Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $538.44. The firm has a market capitalization of $16.62 billion, a P/E ratio of 29.81, a P/E/G 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 analysts' consensus estimates of $4.12 by $0.21. The firm had revenue of $1.11 billion during 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 company's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business earned $3.58 EPS. Equities analysts predict that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a $1.74 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.43%. Domino's Pizza's dividend payout ratio (DPR) is 39.91%.

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.