GTS Securities LLC Sells 1,583 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

GTS Securities LLC decreased its position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 73.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 578 shares of the restaurant operator's stock after selling 1,583 shares during the period. GTS Securities LLC's holdings in Domino's Pizza were worth $243,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DPZ. Sherman Asset Management Inc. purchased a new stake in shares of Domino's Pizza during the 4th quarter valued at about $25,000. Brown Brothers Harriman & Co. raised its holdings in shares of Domino's Pizza by 1,016.7% during the fourth quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator's stock valued at $28,000 after purchasing an additional 61 shares during the last quarter. Covestor Ltd lifted its position in Domino's Pizza by 158.1% during the fourth quarter. Covestor Ltd now owns 80 shares of the restaurant operator's stock valued at $34,000 after purchasing an additional 49 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in 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 purchasing an additional 26 shares during the last quarter. Finally, Lee Danner & Bass Inc. purchased a new stake in Domino's Pizza in the fourth quarter worth approximately $42,000. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino's Pizza Price Performance

Shares of NASDAQ:DPZ traded down $7.82 during trading on Monday, hitting $466.00. 711,472 shares of the company's stock were exchanged, compared to its average volume of 629,115. The business's 50-day simple moving average is $473.18 and its 200 day simple moving average is $457.92. The company has a market cap of $15.96 billion, a price-to-earnings ratio of 28.62, 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 posted its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share for the quarter, topping the consensus estimate of $4.12 by $0.21. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the company posted $3.58 EPS. On average, sell-side analysts anticipate that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino's Pizza Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $1.74 per share. The ex-dividend date is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.49%. Domino's Pizza's dividend payout ratio is 39.91%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Robert W. Baird increased their price target on Domino's Pizza from $500.00 to $535.00 and gave the company an "outperform" rating in a report on Wednesday, April 23rd. TD Securities reiterated a "buy" rating and set a $490.00 price objective on shares of Domino's Pizza in a research report on Monday, April 28th. TD Cowen reissued a "buy" rating and issued a $490.00 target price on shares of Domino's Pizza in a research report on Monday, February 24th. Citigroup boosted their price target on Domino's Pizza from $480.00 to $500.00 and gave the company a "neutral" rating in a research note on Tuesday, April 29th. Finally, Wedbush reaffirmed an "outperform" rating and set a $500.00 price target on shares of Domino's Pizza in a research report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Domino's Pizza presently has a consensus rating of "Moderate Buy" and an average price target of $498.50.

Insider Activity at Domino's Pizza

In related news, EVP Kevin Scott Morris sold 5,416 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the completion of the transaction, the executive vice president now directly owns 793 shares of the company's stock, valued at approximately $346,541. This represents a 87.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Reddy Sandeep sold 399 shares of the firm's 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 transaction, the executive vice president now owns 8,756 shares of the company's stock, valued at $4,046,848.08. This represents a 4.36% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,996 shares of company stock valued at $3,946,461. Corporate insiders own 0.83% of the company's stock.

Domino's Pizza Company 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.