IFM Investors Pty Ltd Boosts Stock Position in Domino's Pizza Inc (NASDAQ:DPZ)

IFM Investors Pty Ltd boosted its holdings in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 14.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,150 shares of the restaurant operator's stock after purchasing an additional 906 shares during the period. IFM Investors Pty Ltd's holdings in Domino's Pizza were worth $3,076,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Berkshire Hathaway Inc increased its holdings in Domino's Pizza by 86.5% in the fourth quarter. Berkshire Hathaway Inc now owns 2,382,000 shares of the restaurant operator's stock valued at $999,868,000 after purchasing an additional 1,104,744 shares during the period. Norges Bank acquired a new position in shares of Domino's Pizza in the fourth quarter worth approximately $250,571,000. GAMMA Investing LLC boosted its holdings in Domino's Pizza by 53,740.4% in the first quarter. GAMMA Investing LLC now owns 260,049 shares of the restaurant operator's stock valued at $119,480,000 after acquiring an additional 259,566 shares during the last quarter. Invesco Ltd. increased its position in Domino's Pizza by 46.0% during the 4th quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock valued at $255,649,000 after purchasing an additional 191,752 shares during the period. Finally, Freestone Grove Partners LP bought a new position in Domino's Pizza during the 4th quarter worth approximately $56,647,000. 94.63% of the stock is currently owned by institutional investors.

Domino's Pizza Trading Up 1.5%

Shares of DPZ traded up $6.76 during mid-day trading on Thursday, reaching $470.24. The company's stock had a trading volume of 255,987 shares, compared to its average volume of 640,070. Domino's Pizza Inc has a 52 week low of $396.06 and a 52 week high of $500.55. The stock has a market cap of $16.10 billion, a PE ratio of 26.96, a P/E/G ratio of 2.61 and a beta of 1.09. The company's fifty day moving average price is $467.81 and its two-hundred day moving average price is $458.31.

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 (EPS) for the quarter, beating the consensus estimate of $4.12 by $0.21. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.12 billion. Domino's Pizza had a net margin of 12.84% and a negative return on equity of 15.45%. The company's revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business posted $3.58 earnings per share. Research analysts anticipate that Domino's Pizza Inc will post 16.74 EPS for the current year.

Domino's Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a $1.74 dividend. The ex-dividend date was Friday, June 13th. This represents a $6.96 annualized dividend and a yield of 1.48%. Domino's Pizza's payout ratio is currently 39.91%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Redburn Atlantic initiated coverage on shares of Domino's Pizza in a research report on Tuesday, June 10th. They set a "sell" rating and a $340.00 price objective for the company. Loop Capital lifted their price objective 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. Robert W. Baird raised their target price on Domino's Pizza from $500.00 to $535.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 23rd. Stephens restated an "equal weight" rating and issued a $440.00 price target on shares of Domino's Pizza in a report on Wednesday, April 2nd. Finally, TD Securities reiterated a "buy" rating and set a $490.00 price objective on shares of Domino's Pizza in a report on Monday, April 28th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Domino's Pizza has an average rating of "Moderate Buy" and an average target price of $487.33.

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.