Janus Henderson Group PLC Decreases Stock Holdings in Domino's Pizza, Inc. (NASDAQ:DPZ)

Janus Henderson Group PLC decreased its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 59.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,283 shares of the restaurant operator's stock after selling 6,239 shares during the period. Janus Henderson Group PLC's holdings in Domino's Pizza were worth $1,797,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DPZ. Berkshire Hathaway Inc increased its stake in shares of Domino's Pizza by 86.5% during 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 in the last quarter. Principal Financial Group Inc. grew its stake in shares of Domino's Pizza by 1.3% in the 4th quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator's stock worth $708,498,000 after buying an additional 21,705 shares during the last quarter. Geode Capital Management LLC increased its position in Domino's Pizza by 10.7% during the 4th quarter. Geode Capital Management LLC now owns 955,160 shares of the restaurant operator's stock valued at $403,203,000 after buying an additional 92,389 shares in 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 buying an additional 191,752 shares in the last quarter. Finally, Norges Bank purchased a new position in Domino's Pizza during the fourth quarter valued at $250,571,000. 94.63% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. TD Securities restated a "buy" rating and set a $490.00 price target on shares of Domino's Pizza in a report on Monday, April 28th. BMO Capital Markets lifted their target price on shares of Domino's Pizza from $515.00 to $540.00 and gave the stock an "outperform" rating in a report on Tuesday, April 29th. Benchmark upped their target price on shares of Domino's Pizza from $520.00 to $535.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Hsbc Global Res raised shares of Domino's Pizza to a "strong-buy" rating in a research report on Tuesday, April 22nd. Finally, Barclays cut their target price on Domino's Pizza from $425.00 to $420.00 and set an "underweight" rating on the stock in a research note on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Domino's Pizza currently has a consensus rating of "Moderate Buy" and an average target price of $498.50.

Insiders Place Their Bets

In other Domino's Pizza news, EVP Kelly E. Garcia sold 2,104 shares of the company's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total value of $917,933.12. Following the completion of the transaction, the executive vice president now directly owns 5,699 shares in the company, valued at $2,486,359.72. This represents a 26.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 transaction of $184,409.82. Following the completion of the transaction, the executive vice president now directly owns 8,756 shares in the company, valued at $4,046,848.08. This trade represents a 4.36% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,996 shares of company stock worth $3,946,461. Corporate insiders own 0.83% of the company's stock.

Domino's Pizza Price Performance

Shares of NASDAQ:DPZ traded up $5.87 during midday trading on Tuesday, hitting $486.30. The company had a trading volume of 54,202 shares, compared to its average volume of 624,957. Domino's Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $538.44. The company has a fifty day moving average of $471.96 and a two-hundred day moving average of $456.86. The company has a market cap of $16.65 billion, a price-to-earnings ratio of 29.82, a PEG ratio of 2.47 and a beta of 1.15.

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, beating the consensus estimate of $4.12 by $0.21. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. Domino's Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The company's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.58 earnings per share. Research analysts expect 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 announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $1.74 dividend. This represents a $6.96 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Friday, June 13th. Domino's Pizza's dividend payout ratio is currently 39.91%.

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.