Quantinno Capital Management LP Grows Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

Quantinno Capital Management LP grew its holdings in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 56.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,687 shares of the restaurant operator's stock after purchasing 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 filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Sherman Asset Management Inc. purchased a new position in Domino's Pizza during the fourth quarter valued at approximately $25,000. Brown Brothers Harriman & Co. lifted its holdings in Domino's Pizza by 1,016.7% during the fourth quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator's stock valued at $28,000 after purchasing an additional 61 shares in the last quarter. Covestor Ltd lifted its holdings in Domino's Pizza by 158.1% during the fourth quarter. Covestor Ltd now owns 80 shares of the restaurant operator's stock valued at $34,000 after purchasing an additional 49 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Domino's Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock valued at $38,000 after purchasing an additional 26 shares in the last quarter. Finally, Lee Danner & Bass Inc. purchased a new position in Domino's Pizza during the fourth quarter valued at approximately $42,000. Hedge funds and other institutional investors own 94.63% of the company's stock.

Insider Buying and Selling at Domino's Pizza

In other news, EVP Kelly E. Garcia sold 2,104 shares of the business's stock in a transaction 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 directly owns 5,699 shares of the company's stock, valued at approximately $2,486,359.72. The trade was a 26.96% 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 Kevin Scott Morris sold 5,416 shares of the business's stock in a transaction 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 sale, the executive vice president now directly owns 793 shares of the company's stock, valued at $346,541. This represents a 87.23% 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 worth $3,946,461 over the last quarter. Insiders own 0.83% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Barclays lowered their price target on shares of Domino's Pizza from $425.00 to $420.00 and set an "underweight" rating on the stock in a report on Wednesday, April 30th. Stephens reaffirmed an "equal weight" rating and set a $440.00 price target on shares of Domino's Pizza in a report on Wednesday, April 2nd. Guggenheim reaffirmed a "neutral" rating on shares of Domino's Pizza in a report on Thursday, May 15th. Hsbc Global Res upgraded shares of Domino's Pizza to a "strong-buy" rating in a research report on Tuesday, April 22nd. Finally, BMO Capital Markets lifted their price objective on shares of Domino's Pizza from $515.00 to $540.00 and gave the company an "outperform" rating in a research report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $498.50.

Domino's Pizza Stock Performance

DPZ stock traded down $9.32 during mid-day trading on Thursday, reaching $473.80. 187,818 shares of the stock traded hands, compared to its average volume of 624,430. Domino's Pizza, Inc. has a one year low of $396.06 and a one year high of $538.44. The stock has a market capitalization of $16.22 billion, a PE ratio of 29.10, a PEG ratio of 2.47 and a beta of 1.15. The business has a 50-day moving average price of $472.77 and a two-hundred day moving average price of $457.23.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted its quarterly earnings data 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. Domino's Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. 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 business posted $3.58 earnings per share. The business's revenue was up 2.5% compared to the same quarter last year. On average, equities 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 disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date is Friday, June 13th. Domino's Pizza's dividend payout ratio (DPR) is 39.91%.

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.