IFM Investors Pty Ltd Raises Stake in Domino's Pizza Inc (NASDAQ:DPZ)

IFM Investors Pty Ltd increased its stake in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 14.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,150 shares of the restaurant operator's stock after buying an additional 906 shares during the quarter. IFM Investors Pty Ltd's holdings in Domino's Pizza were worth $3,076,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its position in shares of Domino's Pizza by 97.6% during the fourth quarter. Jones Financial Companies Lllp now owns 990 shares of the restaurant operator's stock worth $415,000 after purchasing an additional 489 shares during the last quarter. M&T Bank Corp lifted its position in shares of Domino's Pizza by 1.0% during the fourth quarter. M&T Bank Corp now owns 3,172 shares of the restaurant operator's stock worth $1,332,000 after purchasing an additional 30 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Domino's Pizza during the fourth quarter worth $15,724,000. Raymond James Financial Inc. bought a new stake in shares of Domino's Pizza during the fourth quarter worth $32,592,000. Finally, Larson Financial Group LLC lifted its position in shares of Domino's Pizza by 2.8% during the fourth quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator's stock worth $427,000 after purchasing an additional 28 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

DPZ has been the subject of several research analyst reports. Loop Capital lifted their target price on Domino's Pizza from $555.00 to $564.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Benchmark lifted their price objective on Domino's Pizza from $520.00 to $535.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Bank of America lifted their price objective on Domino's Pizza from $520.00 to $549.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Stephens restated an "equal weight" rating and issued a $440.00 price objective on shares of Domino's Pizza in a report on Wednesday, April 2nd. Finally, Robert W. Baird lifted their price objective on Domino's Pizza from $500.00 to $535.00 and gave the company an "outperform" rating in a report on Wednesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $487.33.

Domino's Pizza Trading Down 1.2%

Shares of DPZ stock traded down $5.44 during trading hours on Friday, reaching $464.48. 421,654 shares of the company's stock were exchanged, compared to its average volume of 640,957. Domino's Pizza Inc has a 1 year low of $396.06 and a 1 year high of $500.55. The stock has a market cap of $15.90 billion, a PE ratio of 26.63, a PEG ratio of 2.67 and a beta of 1.09. The stock's fifty day moving average price is $467.18 and its two-hundred day moving average price is $458.84.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share for the quarter, topping analysts' consensus estimates of $4.12 by $0.21. Domino's Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the previous year, the firm earned $3.58 earnings per share. The company's revenue was up 2.5% on a year-over-year basis. On average, equities analysts expect that Domino's Pizza Inc will post 16.74 EPS for the current fiscal year.

Domino's Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were paid a dividend of $1.74 per share. The ex-dividend date was Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.50%. Domino's Pizza's payout ratio is 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.