Domino's Pizza, Inc. (NASDAQ:DPZ) Stock Position Raised by ProShare Advisors LLC

ProShare Advisors LLC boosted its holdings in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 11.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,581 shares of the restaurant operator's stock after purchasing an additional 569 shares during the quarter. ProShare Advisors LLC's holdings in Domino's Pizza were worth $2,343,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of DPZ. Berkshire Hathaway Inc grew its position 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 worth $999,868,000 after buying an additional 1,104,744 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Domino's Pizza by 1.3% during the 4th quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator's stock worth $708,498,000 after acquiring an additional 21,705 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Domino's Pizza by 10.7% in the 4th quarter. Geode Capital Management LLC now owns 955,160 shares of the restaurant operator's stock worth $403,203,000 after purchasing an additional 92,389 shares during the last quarter. Invesco Ltd. increased its position in shares of Domino's Pizza by 46.0% in the 4th quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock worth $255,649,000 after purchasing an additional 191,752 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Domino's Pizza in the 4th quarter valued at about $250,571,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. TD Cowen reissued a "buy" rating and issued a $490.00 price objective on shares of Domino's Pizza in a report on Monday, February 24th. Barclays decreased their target price on Domino's Pizza from $425.00 to $420.00 and set an "underweight" rating for the company in a research report on Wednesday, April 30th. Guggenheim reissued a "neutral" rating on shares of Domino's Pizza in a research report on Thursday, May 15th. Royal Bank of Canada lifted their price objective on shares of Domino's Pizza from $500.00 to $550.00 and gave the stock an "outperform" rating in a report on Tuesday, April 29th. Finally, Morgan Stanley increased their target price on shares of Domino's Pizza from $492.00 to $510.00 and gave the stock an "overweight" rating in a report on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $498.50.

Domino's Pizza Trading Down 0.4%

DPZ stock traded down $1.83 during trading on Monday, hitting $480.43. The company had a trading volume of 352,267 shares, compared to its average volume of 627,203. The business has a 50 day moving average of $471.59 and a 200 day moving average of $456.72. The firm has a market capitalization of $16.45 billion, a price-to-earnings ratio of 29.51, a P/E/G ratio of 2.47 and a beta of 1.15. Domino's Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $538.44.

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 analysts' consensus estimates of $4.12 by $0.21. The company 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 revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm earned $3.58 EPS. As a group, equities analysts predict that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Announces Dividend

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

Insiders Place Their Bets

In other news, EVP Reddy Sandeep sold 399 shares of the firm's stock in a transaction dated Wednesday, April 2nd. The shares were 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 owns 8,756 shares in the company, valued at approximately $4,046,848.08. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Kevin Scott Morris sold 5,416 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the completion of the sale, the executive vice president now owns 793 shares in the company, valued at $346,541. The trade was a 87.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,996 shares of company stock worth $3,946,461 over the last ninety days. Company insiders own 0.83% of the company's stock.

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.