Janus Henderson Group PLC Sells 6,239 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

Janus Henderson Group PLC lowered its position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 59.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in DPZ. Berkshire Hathaway Inc raised its holdings in shares of 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 last quarter. Norges Bank purchased a new stake in shares of Domino's Pizza in the fourth quarter valued at about $250,571,000. Invesco Ltd. raised its holdings in shares of Domino's Pizza by 46.0% in the fourth 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 last quarter. Freestone Grove Partners LP purchased a new stake in shares of Domino's Pizza in the fourth quarter valued at about $56,647,000. Finally, Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Domino's Pizza in the fourth quarter valued at about $41,701,000. Hedge funds and other institutional investors own 94.63% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on DPZ shares. Stephens restated an "equal weight" rating and set a $440.00 price target on shares of Domino's Pizza in a research report on Wednesday, April 2nd. BTIG Research set a $530.00 price target on shares of Domino's Pizza and gave the company a "buy" rating in a research report on Monday, April 28th. Benchmark increased their price target on shares of Domino's Pizza from $520.00 to $535.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. TD Cowen restated a "buy" rating and set a $490.00 price target on shares of Domino's Pizza in a research report on Monday, February 24th. Finally, Wells Fargo & Company increased their price target on shares of Domino's Pizza from $445.00 to $465.00 and gave the company an "equal weight" rating in a research report on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $498.50.

Insider Activity at Domino's Pizza

In other Domino's Pizza news, EVP Kevin Scott Morris sold 5,416 shares of Domino's Pizza stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the transaction, the executive vice president now directly owns 793 shares of the company's stock, valued at approximately $346,541. This trade represents a 87.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Kelly E. Garcia sold 2,104 shares of Domino's Pizza stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total transaction of $917,933.12. Following the transaction, the executive vice president now directly owns 5,699 shares in the company, valued at $2,486,359.72. This trade represents a 26.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,996 shares of company stock valued at $3,946,461 over the last three months. 0.83% of the stock is owned by corporate insiders.

Domino's Pizza Stock Performance

DPZ traded up $4.13 on Tuesday, reaching $484.56. The company had a trading volume of 389,015 shares, compared to its average volume of 626,250. The business has a 50 day simple moving average of $472.33 and a 200 day simple moving average of $457.05. The company has a market cap of $16.59 billion, a price-to-earnings ratio of 29.76, a P/E/G ratio of 2.47 and a beta of 1.15. Domino's Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $538.44.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share for the quarter, beating analysts' consensus estimates 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%. Domino's Pizza's quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the firm posted $3.58 earnings per share. As a group, equities research analysts predict that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino's Pizza Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date of this dividend is Friday, June 13th. Domino's Pizza's dividend payout ratio is currently 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.