Domino's Pizza, Inc. (NASDAQ:DPZ) Position Increased by Man Group plc

Man Group plc grew its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 143.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,105 shares of the restaurant operator's stock after purchasing an additional 7,715 shares during the period. Man Group plc's holdings in Domino's Pizza were worth $5,501,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of DPZ. Merit Financial Group LLC acquired a new stake in shares of Domino's Pizza during the 4th quarter worth about $354,000. HB Wealth Management LLC boosted its stake in shares of Domino's Pizza by 6.5% during the 4th quarter. HB Wealth Management LLC now owns 891 shares of the restaurant operator's stock worth $374,000 after purchasing an additional 54 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Domino's Pizza by 49.4% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,741 shares of the restaurant operator's stock worth $731,000 after purchasing an additional 576 shares during the last quarter. AMI Asset Management Corp boosted its stake in shares of Domino's Pizza by 70.8% during the 4th quarter. AMI Asset Management Corp now owns 1,392 shares of the restaurant operator's stock worth $584,000 after purchasing an additional 577 shares during the last quarter. Finally, Atomi Financial Group Inc. boosted its stake in shares of Domino's Pizza by 8.4% during the 4th quarter. Atomi Financial Group Inc. now owns 540 shares of the restaurant operator's stock worth $227,000 after purchasing an additional 42 shares during the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino's Pizza Stock Performance

Domino's Pizza stock traded down $1.83 during trading on Friday, reaching $480.43. 352,267 shares of the company's stock were exchanged, compared to its average volume of 626,167. The company's 50-day moving average is $471.59 and its two-hundred day moving average is $456.56. Domino's Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $538.44. The firm has a market cap of $16.45 billion, a price-to-earnings ratio of 29.51, a PEG ratio of 2.47 and a beta of 1.15.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, topping the consensus estimate of $4.12 by $0.21. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The business had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.12 billion. During the same quarter in the previous year, the firm posted $3.58 earnings per share. The company's revenue was up 2.5% compared to the same quarter last year. Analysts anticipate that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $1.74 dividend. The ex-dividend date is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.45%. Domino's Pizza's dividend payout ratio (DPR) is presently 39.91%.

Wall Street Analyst Weigh In

DPZ has been the topic of several analyst reports. TD Securities reaffirmed a "buy" rating and set a $490.00 price target on shares of Domino's Pizza in a research note on Monday, April 28th. Royal Bank of Canada raised their target price on shares of Domino's Pizza from $500.00 to $550.00 and gave the stock an "outperform" rating in a research report 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. Wedbush reissued an "outperform" rating and issued a $500.00 target price on shares of Domino's Pizza in a research report on Tuesday, February 25th. Finally, TD Cowen reissued a "buy" rating and issued a $490.00 target price on shares of Domino's Pizza in a research report on Monday, February 24th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $498.50.

Insider Activity

In other Domino's Pizza news, CFO Reddy Sandeep sold 1,077 shares of the firm's stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total value of $477,326.40. Following the sale, the chief financial officer now owns 8,081 shares in the company, valued at approximately $3,581,499.20. This trade represents a 11.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kelly E. Garcia sold 2,104 shares of the firm's stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total transaction of $917,933.12. Following the completion of the sale, the executive vice president now owns 5,699 shares in the company, valued at $2,486,359.72. The trade was a 26.96% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,996 shares of company stock worth $3,946,461. 0.83% of the stock is currently owned by corporate insiders.

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.