Makaira Partners LLC Sells 20,690 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

Makaira Partners LLC trimmed its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 13.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 138,439 shares of the restaurant operator's stock after selling 20,690 shares during the quarter. Domino's Pizza makes up approximately 9.1% of Makaira Partners LLC's investment portfolio, making the stock its 6th largest position. Makaira Partners LLC owned about 0.40% of Domino's Pizza worth $58,111,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in DPZ. Berkshire Hathaway Inc grew its holdings in shares of Domino's Pizza by 86.5% during the 4th quarter. Berkshire Hathaway Inc now owns 2,382,000 shares of the restaurant operator's stock worth $999,868,000 after purchasing an additional 1,104,744 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Domino's Pizza by 1.3% during the 4th quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator's stock worth $708,498,000 after purchasing an additional 21,705 shares during the period. Geode Capital Management LLC grew its holdings in shares of Domino's Pizza by 10.7% during the 4th quarter. Geode Capital Management LLC now owns 955,160 shares of the restaurant operator's stock worth $403,203,000 after purchasing an additional 92,389 shares during the period. Invesco Ltd. grew its holdings in shares of Domino's Pizza by 46.0% during the 4th quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock worth $255,649,000 after purchasing an additional 191,752 shares during the period. Finally, Norges Bank purchased a new position in shares of Domino's Pizza during the 4th quarter worth $250,571,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino's Pizza Trading Down 0.4%

DPZ stock traded down $1.98 during trading on Friday, hitting $472.54. 1,229,905 shares of the company's stock were exchanged, compared to its average volume of 630,141. The business has a 50-day moving average price of $473.18 and a two-hundred day moving average price of $457.65. The stock has a market capitalization of $16.18 billion, a price-to-earnings ratio of 29.03, a PEG ratio of 2.47 and a beta of 1.15. 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 issued its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.12 billion. During the same quarter in the previous year, the business earned $3.58 earnings per share. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. On average, equities research analysts anticipate that Domino's Pizza, Inc. will post 16.74 earnings per share for the current fiscal 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 issued a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend is Friday, June 13th. Domino's Pizza's payout ratio is currently 39.91%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on DPZ shares. Guggenheim restated a "neutral" rating on shares of Domino's Pizza in a report on Thursday, May 15th. Hsbc Global Res upgraded Domino's Pizza to a "strong-buy" rating in a report on Tuesday, April 22nd. Royal Bank of Canada raised their target price on Domino's Pizza from $500.00 to $550.00 and gave the company an "outperform" rating in a report on Tuesday, April 29th. Bank of America raised their target price on Domino's Pizza from $520.00 to $549.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Finally, Wedbush restated an "outperform" rating and set a $500.00 target price on shares of Domino's Pizza in a report on Tuesday, February 25th. One 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 company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $498.50.

Insider Transactions at Domino's Pizza

In other news, CFO Reddy Sandeep sold 1,077 shares of the company's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total transaction of $477,326.40. Following the completion of the sale, the chief financial officer now owns 8,081 shares in the company, valued at $3,581,499.20. This represents a 11.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kelly E. Garcia sold 2,104 shares of the company's stock in a transaction on 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 sale, the executive vice president now directly owns 5,699 shares in the company, valued at $2,486,359.72. This trade represents a 26.96% decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,996 shares of company stock worth $3,946,461 over the last 90 days. 0.83% of the stock is currently owned by insiders.

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.