Achmea Investment Management B.V. Purchases 3,281 Shares of Domino's Pizza Inc (NASDAQ:DPZ)

Achmea Investment Management B.V. grew its stake in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 27.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,154 shares of the restaurant operator's stock after buying an additional 3,281 shares during the quarter. Achmea Investment Management B.V.'s holdings in Domino's Pizza were worth $6,963,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Alpine Bank Wealth Management bought a new position in shares of Domino's Pizza during the 1st quarter valued at $25,000. Sherman Asset Management Inc. bought a new stake in Domino's Pizza in the 4th quarter worth $25,000. Wood Tarver Financial Group LLC bought a new stake in Domino's Pizza in the 4th quarter worth $25,000. Brown Brothers Harriman & Co. grew 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 acquiring an additional 61 shares during the last quarter. Finally, Covestor Ltd lifted its position in shares of 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 during the period. Hedge funds and other institutional investors own 94.63% of the company's stock.

Domino's Pizza Stock Down 1.8%

Domino's Pizza stock traded down $8.33 during trading hours on Friday, hitting $446.39. The stock had a trading volume of 963,247 shares, compared to its average volume of 640,850. The stock has a market capitalization of $15.28 billion, a P/E ratio of 25.60, a price-to-earnings-growth ratio of 2.54 and a beta of 1.11. Domino's Pizza Inc has a 12-month low of $396.06 and a 12-month high of $516.37. The stock's 50-day moving average price is $472.61 and its 200-day moving average price is $457.65.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $0.21. Domino's Pizza had a net margin of 12.84% and a negative return on equity of 15.45%. 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 previous year, the company earned $3.58 earnings per share. The business's revenue for the quarter was up 2.5% compared to the same quarter last year. On average, research 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 declared 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. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.56%. Domino's Pizza's dividend payout ratio is presently 39.91%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on DPZ shares. Bank of America raised their target price on shares of Domino's Pizza from $520.00 to $549.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Morgan Stanley raised their target price on shares of Domino's Pizza from $492.00 to $510.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 29th. Stephens reaffirmed an "equal weight" rating and issued a $440.00 target price on shares of Domino's Pizza in a research report on Wednesday, April 2nd. Benchmark raised their target price on shares of Domino's Pizza from $520.00 to $535.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Finally, Barclays dropped their target price 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. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $487.17.

Insider Transactions at Domino's Pizza

In other news, EVP Reddy Sandeep sold 399 shares of Domino's Pizza stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $462.18, for a total value of $184,409.82. Following the completion of the sale, 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. Company insiders own 0.83% of the company's stock.

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.