Domino's Pizza, Inc. (NASDAQ:DPZ) Shares Bought by Raub Brock Capital Management LP

Raub Brock Capital Management LP boosted its stake in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 46.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 33,569 shares of the restaurant operator's stock after purchasing an additional 10,624 shares during the period. Domino's Pizza comprises approximately 3.4% of Raub Brock Capital Management LP's portfolio, making the stock its 20th largest position. Raub Brock Capital Management LP owned 0.10% of Domino's Pizza worth $15,423,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Sherman Asset Management Inc. acquired a new position in shares of Domino's Pizza in the fourth quarter worth $25,000. Wood Tarver Financial Group LLC acquired a new position in shares of Domino's Pizza in the fourth quarter worth $25,000. Brown Brothers Harriman & Co. grew its stake in shares of Domino's Pizza by 1,016.7% in the fourth quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator's stock worth $28,000 after acquiring an additional 61 shares in the last quarter. Covestor Ltd grew its stake in shares of Domino's Pizza by 158.1% in the fourth quarter. Covestor Ltd now owns 80 shares of the restaurant operator's stock worth $34,000 after acquiring an additional 49 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Domino's Pizza by 40.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock worth $38,000 after acquiring an additional 26 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company's stock.

Insider Activity

In other 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 transaction, the executive vice president now directly owns 8,756 shares in the company, valued at $4,046,848.08. The trade was a 4.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.83% of the company's stock.

Domino's Pizza Price Performance

Shares of NASDAQ:DPZ traded up $1.15 on Friday, reaching $452.15. The company's stock had a trading volume of 852,857 shares, compared to its average volume of 635,105. The stock's 50-day moving average is $474.07 and its two-hundred day moving average is $458.43. Domino's Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $535.98. The stock has a market capitalization of $15.48 billion, a P/E ratio of 27.77, a PEG ratio of 2.47 and a beta of 1.11.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its earnings results on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, beating analysts' consensus estimates of $4.12 by $0.21. Domino's Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The business had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.12 billion. During the same period in the prior year, the company earned $3.58 earnings per share. The business's revenue was up 2.5% compared to the same quarter last year. Equities analysts forecast that Domino's Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino's Pizza Dividend Announcement

The firm 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. The ex-dividend date is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.54%. Domino's Pizza's payout ratio is 39.91%.

Analyst Upgrades and Downgrades

DPZ has been the subject of several research reports. Wedbush restated an "outperform" rating and issued a $500.00 price target on shares of Domino's Pizza in a research note on Tuesday, February 25th. Morgan Stanley boosted their price target on shares of Domino's Pizza from $492.00 to $510.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 29th. Citigroup boosted their target price on shares of Domino's Pizza from $480.00 to $500.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 29th. Redburn Atlantic assumed coverage on shares of Domino's Pizza in a research note on Tuesday, June 10th. They set a "sell" rating and a $340.00 target price for the company. Finally, BTIG Research set a $530.00 target price on shares of Domino's Pizza and gave the stock a "buy" rating in a research note on Monday, April 28th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $487.17.

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.