GAMMA Investing LLC Has $119.48 Million Holdings in Domino's Pizza, Inc. (NASDAQ:DPZ)

GAMMA Investing LLC increased its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 53,740.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 260,049 shares of the restaurant operator's stock after acquiring an additional 259,566 shares during the period. GAMMA Investing LLC owned about 0.76% of Domino's Pizza worth $119,480,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Versant Capital Management Inc raised its holdings in shares of Domino's Pizza by 6,462.5% during the first quarter. Versant Capital Management Inc now owns 525 shares of the restaurant operator's stock worth $241,000 after acquiring an additional 517 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in Domino's Pizza by 4.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,811 shares of the restaurant operator's stock valued at $832,000 after buying an additional 70 shares in the last quarter. Fairtree Asset Management Pty Ltd bought a new position in Domino's Pizza during the fourth quarter valued at about $832,000. Wealth Enhancement Advisory Services LLC raised its holdings in Domino's Pizza by 123.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,829 shares of the restaurant operator's stock valued at $4,126,000 after buying an additional 5,422 shares in the last quarter. Finally, Lansforsakringar Fondforvaltning AB publ bought a new position in Domino's Pizza during the fourth quarter valued at about $4,645,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on DPZ shares. Citigroup raised their target price on Domino's Pizza from $480.00 to $500.00 and gave the company a "neutral" rating in a report on Tuesday, April 29th. Guggenheim reissued a "neutral" rating on shares of Domino's Pizza in a research report on Thursday, May 15th. Barclays lowered their target price on Domino's Pizza from $425.00 to $420.00 and set an "underweight" rating on the stock in a report on Wednesday, April 30th. Stephens reaffirmed an "equal weight" rating and issued a $440.00 target price on shares of Domino's Pizza in a report on Wednesday, April 2nd. Finally, Hsbc Global Res raised Domino's Pizza to a "strong-buy" rating in a report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $498.50.

Insider Buying and Selling

In other news, EVP Kelly E. Garcia sold 2,104 shares of the business's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total transaction of $917,933.12. Following the completion of the sale, the executive vice president now owns 5,699 shares in the company, valued at $2,486,359.72. The trade was a 26.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Reddy Sandeep sold 399 shares of the business's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total value of $184,409.82. Following the sale, the executive vice president now owns 8,756 shares of the company's stock, valued at approximately $4,046,848.08. The trade was a 4.36% 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 in the last 90 days. 0.83% of the stock is owned by company insiders.

Domino's Pizza Price Performance

Shares of Domino's Pizza stock traded down $5.88 during midday trading on Thursday, hitting $460.03. 433,338 shares of the company were exchanged, compared to its average volume of 628,490. The firm has a market cap of $15.75 billion, a P/E ratio of 28.26, a PEG ratio of 2.47 and a beta of 1.11. Domino's Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $538.44. The firm has a 50 day simple moving average of $473.42 and a 200-day simple moving average of $458.37.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted its earnings results on Monday, April 28th. The restaurant operator reported $4.33 EPS 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%. Domino's Pizza's revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the company earned $3.58 EPS. Equities research analysts expect that Domino's Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino's Pizza Dividend Announcement

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 annualized dividend and a dividend yield of 1.51%. Domino's Pizza's dividend payout ratio (DPR) is presently 39.91%.

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.