Quantinno Capital Management LP Purchases 611 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

Quantinno Capital Management LP lifted its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 56.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,687 shares of the restaurant operator's stock after buying an additional 611 shares during the quarter. Quantinno Capital Management LP's holdings in Domino's Pizza were worth $708,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Berkshire Hathaway Inc increased its position 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 worth $999,868,000 after purchasing an additional 1,104,744 shares during the period. Norges Bank bought a new position in shares of Domino's Pizza in the fourth quarter worth $250,571,000. Invesco Ltd. increased its position 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 worth $255,649,000 after purchasing an additional 191,752 shares during the period. Freestone Grove Partners LP bought a new position in shares of Domino's Pizza in the fourth quarter worth $56,647,000. Finally, Vaughan Nelson Investment Management L.P. bought a new position in shares of Domino's Pizza in the fourth quarter worth $41,701,000. Institutional investors and hedge funds own 94.63% of the company's stock.

Insiders Place Their Bets

In other Domino's Pizza news, EVP Reddy Sandeep sold 399 shares of the stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 8,756 shares in the company, valued at approximately $4,046,848.08. This represents a 4.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kevin Scott Morris sold 5,416 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total value of $2,366,792.00. Following the completion of the transaction, the executive vice president now owns 793 shares in the company, valued at approximately $346,541. This represents a 87.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,996 shares of company stock worth $3,946,461. Corporate insiders own 0.83% of the company's stock.

Domino's Pizza Stock Performance

Shares of Domino's Pizza stock traded up $4.13 on Tuesday, reaching $484.56. 389,015 shares of the company's stock were exchanged, compared to its average volume of 626,250. The company has a market capitalization of $16.59 billion, a P/E ratio of 29.76, a price-to-earnings-growth 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. The firm's 50-day moving average is $471.96 and its two-hundred day moving average is $456.86.

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

Domino's Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date is Friday, June 13th. Domino's Pizza's payout ratio is 39.91%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DPZ. BTIG Research set a $530.00 price target on Domino's Pizza and gave the stock a "buy" rating in a research report on Monday, April 28th. Hsbc Global Res upgraded Domino's Pizza to a "strong-buy" rating in a research report on Tuesday, April 22nd. Benchmark raised their price target on Domino's Pizza from $520.00 to $535.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Guggenheim reiterated a "neutral" rating on shares of Domino's Pizza in a research report on Thursday, May 15th. Finally, TD Cowen reissued a "buy" rating and set a $490.00 target price on shares of Domino's Pizza in a research note on Monday, February 24th. One research 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 stock. According to data from MarketBeat.com, Domino's Pizza currently has a consensus rating of "Moderate Buy" and an average price target of $498.50.

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.