Domino's Pizza, Inc. (NASDAQ:DPZ) Shares Bought by Dividend Assets Capital LLC

Dividend Assets Capital LLC grew its stake in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 45.8% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 10,283 shares of the restaurant operator's stock after acquiring an additional 3,230 shares during the quarter. Dividend Assets Capital LLC's holdings in Domino's Pizza were worth $4,725,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of DPZ. Avanza Fonder AB increased its stake in shares of Domino's Pizza by 39.1% in the first quarter. Avanza Fonder AB now owns 3,135 shares of the restaurant operator's stock valued at $1,468,000 after buying an additional 882 shares during the period. GAMMA Investing LLC grew its holdings in Domino's Pizza by 17.2% in the first quarter. GAMMA Investing LLC now owns 566 shares of the restaurant operator's stock worth $260,000 after purchasing an additional 83 shares during the period. Harbor Capital Advisors Inc. grew its stake in shares of Domino's Pizza by 5.4% in the 1st quarter. Harbor Capital Advisors Inc. now owns 4,252 shares of the restaurant operator's stock valued at $1,954,000 after buying an additional 217 shares during the period. Farther Finance Advisors LLC grew its stake in Domino's Pizza by 219.0% in the first quarter. Farther Finance Advisors LLC now owns 1,174 shares of the restaurant operator's stock valued at $547,000 after acquiring an additional 806 shares during the period. Finally, Portside Wealth Group LLC grew its position in Domino's Pizza by 17.2% in the 1st quarter. Portside Wealth Group LLC now owns 879 shares of the restaurant operator's stock valued at $404,000 after purchasing an additional 129 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on DPZ. Argus reiterated a "hold" rating and set a $490.00 price target on shares of Domino's Pizza in a research note on Tuesday, April 29th. Morgan Stanley raised their price objective on shares of Domino's Pizza from $492.00 to $510.00 and gave the stock an "overweight" rating in a report on Tuesday, April 29th. BMO Capital Markets boosted their target price on shares of Domino's Pizza from $515.00 to $540.00 and gave the company an "outperform" rating in a report on Tuesday, April 29th. Redburn Atlantic assumed coverage on Domino's Pizza in a report on Tuesday. They issued a "sell" rating and a $340.00 price objective for the company. Finally, Robert W. Baird raised their price objective on Domino's Pizza from $500.00 to $535.00 and gave the company an "outperform" rating in a report on Wednesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $492.16.

Domino's Pizza Stock Performance

NASDAQ DPZ traded down $2.99 on Wednesday, hitting $452.51. 122,699 shares of the stock traded hands, compared to its average volume of 628,341. Domino's Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $538.44. The firm has a market capitalization of $15.49 billion, a price-to-earnings ratio of 27.80, a PEG ratio of 2.47 and a beta of 1.11. The business's fifty day moving average is $473.30 and its two-hundred day moving average is $458.88.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 EPS 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 for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the company earned $3.58 EPS. The company's revenue was up 2.5% on a year-over-year basis. Analysts expect that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino's Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $1.74 dividend. This represents a $6.96 annualized dividend and a dividend yield of 1.54%. The ex-dividend date is Friday, June 13th. Domino's Pizza's dividend payout ratio (DPR) is currently 39.91%.

Insider Activity at Domino's Pizza

In related news, EVP Reddy Sandeep sold 399 shares of the company'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 transaction, the executive vice president now directly owns 8,756 shares in the company, valued at approximately $4,046,848.08. This represents a 4.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kevin Scott Morris sold 5,416 shares of the stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $437.00, for a total value of $2,366,792.00. Following the completion of the sale, the executive vice president now owns 793 shares of the company's stock, valued at approximately $346,541. This trade represents a 87.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.83% of the stock is currently owned by corporate insiders.

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.