American National Bank & Trust Lowers Holdings in Domino's Pizza, Inc. (NASDAQ:DPZ)

American National Bank & Trust decreased its stake in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 58.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 525 shares of the restaurant operator's stock after selling 747 shares during the period. American National Bank & Trust's holdings in Domino's Pizza were worth $241,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Berkshire Hathaway Inc grew its position in 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 valued at $999,868,000 after purchasing an additional 1,104,744 shares in the last quarter. Principal Financial Group Inc. grew its position in Domino's Pizza by 1.3% in the fourth quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator's stock valued at $708,498,000 after purchasing an additional 21,705 shares in the last quarter. Geode Capital Management LLC grew its position in Domino's Pizza by 10.7% in the fourth quarter. Geode Capital Management LLC now owns 955,160 shares of the restaurant operator's stock valued at $403,203,000 after purchasing an additional 92,389 shares in the last quarter. Invesco Ltd. grew its position in Domino's Pizza by 46.0% in the fourth quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock valued at $255,649,000 after purchasing an additional 191,752 shares in the last quarter. Finally, Norges Bank bought a new position in Domino's Pizza in the fourth quarter valued at $250,571,000. Institutional investors own 94.63% of the company's stock.

Domino's Pizza Stock Down 1.3%

DPZ traded down $5.88 during trading on Thursday, reaching $460.03. The company had a trading volume of 433,338 shares, compared to its average volume of 628,490. The stock has a market cap of $15.75 billion, a P/E ratio of 28.26, a PEG ratio of 2.47 and a beta of 1.11. The business has a 50 day simple moving average of $473.42 and a 200-day simple moving average of $458.37. Domino's Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $538.44.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings data 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 period in the previous year, the company posted $3.58 earnings per share. The firm's quarterly revenue was up 2.5% on a year-over-year basis. As a group, equities research analysts expect that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino's Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given 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 1.51%. Domino's Pizza's dividend payout ratio is currently 39.91%.

Insider Activity at Domino's Pizza

In other news, 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 transaction of $184,409.82. Following the sale, the executive vice president now owns 8,756 shares of the company's stock, valued at approximately $4,046,848.08. This represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kelly E. Garcia sold 2,104 shares of the 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 sale, the executive vice president now directly owns 5,699 shares in the company, valued at $2,486,359.72. This represents a 26.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,996 shares of company stock worth $3,946,461 over the last quarter. Insiders own 0.83% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DPZ. Argus reaffirmed a "hold" rating and issued a $490.00 target price on shares of Domino's Pizza in a research report on Tuesday, April 29th. Guggenheim reissued a "neutral" rating on shares of Domino's Pizza in a research report on Thursday, May 15th. Barclays decreased 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. Wells Fargo & Company lifted their price objective on shares of Domino's Pizza from $445.00 to $465.00 and gave the company an "equal weight" rating in a research report on Tuesday, April 29th. Finally, Stephens reissued an "equal weight" rating and issued a $440.00 price objective on shares of Domino's Pizza in a research report on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $498.50.

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.