Annex Advisory Services LLC Acquires 9,650 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

Annex Advisory Services LLC grew its holdings in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 27.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,746 shares of the restaurant operator's stock after acquiring an additional 9,650 shares during the period. Annex Advisory Services LLC owned about 0.13% of Domino's Pizza worth $20,559,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of DPZ. Sherman Asset Management Inc. bought a new position in Domino's Pizza in the 4th quarter worth $25,000. Wood Tarver Financial Group LLC bought a new position in Domino's Pizza in the 4th quarter worth $25,000. Brown Brothers Harriman & Co. boosted its holdings 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 worth $28,000 after buying an additional 61 shares during the period. Covestor Ltd lifted 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 worth $34,000 after purchasing an additional 49 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted 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 worth $38,000 after purchasing an additional 26 shares in the last quarter. Institutional investors own 94.63% of the company's stock.

Domino's Pizza Stock Down 1.3%

Domino's Pizza stock traded down $5.88 during midday trading on Thursday, reaching $460.03. The stock had a trading volume of 433,338 shares, compared to its average volume of 628,489. 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 cap of $15.75 billion, a price-to-earnings ratio of 28.26, a price-to-earnings-growth ratio of 2.47 and a beta of 1.11. The company has a fifty day moving average of $473.42 and a 200 day moving average of $458.37.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted its quarterly earnings data 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 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 revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $3.58 EPS. Equities research analysts predict that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date is Friday, June 13th. Domino's Pizza's dividend payout ratio (DPR) is presently 39.91%.

Insider Transactions at Domino's Pizza

In other news, EVP Reddy Sandeep sold 399 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $462.18, for a total transaction of $184,409.82. Following the transaction, the executive vice president now directly owns 8,756 shares in the company, valued at approximately $4,046,848.08. This trade represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kelly E. Garcia sold 2,104 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were 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. This represents a 26.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,996 shares of company stock valued at $3,946,461. 0.83% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on DPZ shares. TD Cowen reiterated a "buy" rating and issued a $490.00 price target on shares of Domino's Pizza in a research note on Monday, February 24th. Stephens reiterated 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. Wells Fargo & Company boosted their price target on shares of Domino's Pizza from $445.00 to $465.00 and gave the stock an "equal weight" rating in a research note on Tuesday, April 29th. Wedbush reiterated an "outperform" rating and issued a $500.00 price target on shares of Domino's Pizza in a research note on Tuesday, February 25th. Finally, BMO Capital Markets boosted their price target on shares of Domino's Pizza from $515.00 to $540.00 and gave the stock an "outperform" rating in a research note on Tuesday, April 29th. One 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, Domino's Pizza has an average rating of "Moderate Buy" and an average price target of $498.50.

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.