1,981 Shares in Domino's Pizza, Inc. (NASDAQ:DPZ) Bought by Fairtree Asset Management Pty Ltd

Fairtree Asset Management Pty Ltd purchased a new stake in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 1,981 shares of the restaurant operator's stock, valued at approximately $832,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Janney Montgomery Scott LLC boosted its stake in Domino's Pizza by 278.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator's stock worth $4,643,000 after acquiring an additional 8,136 shares in the last quarter. Empowered Funds LLC boosted its stake in Domino's Pizza by 44.6% during the fourth quarter. Empowered Funds LLC now owns 5,713 shares of the restaurant operator's stock worth $2,398,000 after acquiring an additional 1,762 shares in the last quarter. Alta Capital Management LLC boosted its stake in Domino's Pizza by 20.5% during the fourth quarter. Alta Capital Management LLC now owns 7,144 shares of the restaurant operator's stock worth $2,999,000 after acquiring an additional 1,214 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Domino's Pizza by 1.3% during the fourth quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator's stock worth $708,498,000 after acquiring an additional 21,705 shares in the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in Domino's Pizza during the fourth quarter worth about $282,000. Hedge funds and other institutional investors own 94.63% of the company's stock.

Domino's Pizza Stock Performance

Shares of NASDAQ DPZ traded down $1.98 during midday trading on Friday, reaching $472.54. The stock had a trading volume of 1,229,905 shares, compared to its average volume of 630,141. The stock has a 50-day moving average of $472.94 and a 200-day moving average of $457.42. The company has a market capitalization of $16.18 billion, a price-to-earnings ratio of 29.03, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15. Domino's Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $538.44.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.12 by $0.21. The firm had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.12 billion. Domino's Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The company'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 earnings per share. As a group, analysts forecast that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino's Pizza Dividend Announcement

The company 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. The ex-dividend date is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.47%. Domino's Pizza's dividend payout ratio (DPR) is presently 39.91%.

Insider Transactions at Domino's Pizza

In related news, EVP Reddy Sandeep sold 399 shares of the company's stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $462.18, for a total transaction of $184,409.82. Following the completion of the transaction, the executive vice president now owns 8,756 shares in the company, valued at approximately $4,046,848.08. This represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kevin Scott Morris sold 5,416 shares of the company's stock in a transaction 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 transaction, the executive vice president now owns 793 shares of the company's stock, valued at approximately $346,541. This represents a 87.23% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,996 shares of company stock valued at $3,946,461 over the last three months. Corporate insiders own 0.83% of the company's stock.

Wall Street Analyst Weigh In

DPZ has been the topic of several research reports. Benchmark boosted their price objective on shares of Domino's Pizza from $520.00 to $535.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Wedbush reiterated an "outperform" rating and issued a $500.00 target price on shares of Domino's Pizza in a research note on Tuesday, February 25th. Robert W. Baird upped their target price on shares of Domino's Pizza from $500.00 to $535.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 23rd. Citigroup upped 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. Finally, Guggenheim reiterated a "neutral" rating on shares of Domino's Pizza in a research note on Thursday, May 15th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $498.50.

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.