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

IFM Investors Pty Ltd raised its holdings in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 14.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,150 shares of the restaurant operator's stock after buying an additional 906 shares during the period. IFM Investors Pty Ltd's holdings in Domino's Pizza were worth $3,076,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in DPZ. 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 valued at $415,000 after purchasing an additional 489 shares in the last quarter. M&T Bank Corp raised its position in Domino's Pizza by 1.0% in the fourth quarter. M&T Bank Corp now owns 3,172 shares of the restaurant operator's stock worth $1,332,000 after acquiring an additional 30 shares during the period. Proficio Capital Partners LLC bought a new stake in Domino's Pizza in the fourth quarter worth about $15,724,000. Raymond James Financial Inc. bought a new stake in Domino's Pizza in the fourth quarter worth about $32,592,000. Finally, Larson Financial Group LLC raised its position in Domino's Pizza by 2.8% in the fourth quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator's stock worth $427,000 after acquiring an additional 28 shares during the period. 94.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

DPZ has been the topic of several research reports. Benchmark lifted 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 report on Tuesday, April 29th. Redburn Atlantic initiated coverage on shares of Domino's Pizza in a research report on Tuesday, June 10th. They issued a "sell" rating and a $340.00 price objective on the stock. Stephens reaffirmed an "equal weight" rating and issued a $440.00 price objective on shares of Domino's Pizza in a research report on Wednesday, April 2nd. Bank of America lifted their price objective on shares of Domino's Pizza from $520.00 to $549.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Finally, BTIG Research set a $530.00 target price on shares of Domino's Pizza and gave the stock a "buy" rating in a research note on Monday, April 28th. 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's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $487.17.

Domino's Pizza Stock Performance

Shares of DPZ stock traded up $6.21 on Tuesday, hitting $459.43. 600,542 shares of the company's stock traded hands, compared to its average volume of 628,511. Domino's Pizza Inc has a one year low of $396.06 and a one year high of $501.45. The company's fifty day simple moving average is $469.03 and its 200 day simple moving average is $458.26. The stock has a market capitalization of $15.73 billion, a price-to-earnings ratio of 26.34, a P/E/G ratio of 2.57 and a beta of 1.09.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share 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 analysts' expectations of $1.12 billion. Domino's Pizza had a net margin of 12.84% and a negative return on equity of 15.45%. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.58 EPS. As a group, sell-side analysts anticipate that Domino's Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino's Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a dividend of $1.74 per share. The ex-dividend date was Friday, June 13th. This represents a $6.96 annualized dividend and a yield of 1.51%. Domino's Pizza's payout ratio is currently 39.91%.

Domino's Pizza Company 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.