Domino's Pizza, Inc. (NASDAQ:DPZ) Stock Holdings Decreased by Handelsbanken Fonder AB

Handelsbanken Fonder AB lowered its position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 16.2% during the first quarter, according to its most recent filing with the SEC. The firm owned 4,667 shares of the restaurant operator's stock after selling 902 shares during the period. Handelsbanken Fonder AB's holdings in Domino's Pizza were worth $2,144,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of DPZ. Sherman Asset Management Inc. bought a new stake in Domino's Pizza in the 4th quarter valued at about $25,000. Wood Tarver Financial Group LLC purchased a new position in Domino's Pizza in the 4th quarter worth $25,000. Brown Brothers Harriman & Co. grew its position in Domino's Pizza by 1,016.7% during 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. Covestor Ltd increased its position 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 valued at $34,000 after acquiring an additional 49 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake 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 acquiring an additional 26 shares during the period. 94.63% of the stock is owned by institutional investors.

Insider Activity at Domino's Pizza

In other Domino's Pizza news, EVP Reddy Sandeep sold 399 shares of the business's stock in a transaction 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 in the company, valued at $4,046,848.08. The trade was a 4.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.83% of the company's stock.

Domino's Pizza Price Performance

DPZ stock traded up $1.15 during midday trading on Friday, hitting $452.15. The stock had a trading volume of 852,857 shares, compared to its average volume of 635,105. The firm has a market cap of $15.48 billion, a PE ratio of 27.77, a price-to-earnings-growth ratio of 2.47 and a beta of 1.11. Domino's Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $535.98. The company's 50-day moving average price is $474.07 and its 200 day moving average price is $458.43.

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, beating the consensus estimate 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 company 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 EPS. The business's quarterly revenue was up 2.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a dividend of $1.74 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 annualized dividend and a dividend yield of 1.54%. Domino's Pizza's payout ratio is 39.91%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Argus restated a "hold" rating and issued a $490.00 price objective on shares of Domino's Pizza in a report on Tuesday, April 29th. Wedbush reiterated an "outperform" rating and set a $500.00 price objective on shares of Domino's Pizza in a research note on Tuesday, February 25th. Citigroup increased their target price on Domino's Pizza from $480.00 to $500.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 29th. TD Securities reaffirmed a "buy" rating and issued a $490.00 price target on shares of Domino's Pizza in a research report on Monday, April 28th. Finally, Guggenheim reiterated a "neutral" rating on shares of Domino's Pizza in a research note on Thursday, May 15th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $487.17.

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.