Russell Investments Group Ltd. Has $15.32 Million Stake in Domino's Pizza Inc $DPZ

Russell Investments Group Ltd. grew its holdings in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 12.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 33,382 shares of the restaurant operator's stock after acquiring an additional 3,748 shares during the quarter. Russell Investments Group Ltd. owned 0.10% of Domino's Pizza worth $15,321,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of DPZ. Berkshire Hathaway Inc boosted 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 valued at $999,868,000 after acquiring an additional 1,104,744 shares during the period. GAMMA Investing LLC boosted its position in shares of Domino's Pizza by 53,740.4% in the first quarter. GAMMA Investing LLC now owns 260,049 shares of the restaurant operator's stock valued at $119,480,000 after acquiring an additional 259,566 shares during the period. Charles Schwab Investment Management Inc. bought a new stake in shares of Domino's Pizza in the first quarter valued at about $110,348,000. Invesco Ltd. boosted its position in shares of Domino's Pizza by 32.9% in the first quarter. Invesco Ltd. now owns 809,658 shares of the restaurant operator's stock valued at $371,997,000 after acquiring an additional 200,622 shares during the period. Finally, Bristol Gate Capital Partners Inc. bought a new stake in Domino's Pizza during the first quarter worth about $92,085,000. Institutional investors own 94.63% of the company's stock.

Analyst Upgrades and Downgrades

DPZ has been the subject of several recent analyst reports. BTIG Research set a $530.00 price objective on shares of Domino's Pizza and gave the stock a "buy" rating in a research report on Monday, April 28th. Robert W. Baird increased their target price on shares of Domino's Pizza from $500.00 to $535.00 and gave the stock an "outperform" rating in a report on Wednesday, April 23rd. Benchmark increased their target price on shares of Domino's Pizza from $535.00 to $540.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. Bank of America increased their target price on shares of Domino's Pizza from $520.00 to $549.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Finally, Guggenheim reissued a "neutral" rating on shares of Domino's Pizza in a report on Thursday, May 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, Domino's Pizza has an average rating of "Moderate Buy" and a consensus price target of $489.67.

Domino's Pizza Trading Up 1.0%

NASDAQ:DPZ traded up $4.6190 on Thursday, reaching $447.4790. 411,246 shares of the stock traded hands, compared to its average volume of 645,496. The firm has a market capitalization of $15.19 billion, a price-to-earnings ratio of 26.00, a price-to-earnings-growth ratio of 2.47 and a beta of 1.09. The company's 50 day moving average is $457.97 and its 200-day moving average is $465.24. Domino's Pizza Inc has a 1-year low of $396.06 and a 1-year high of $500.55.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its earnings results on Monday, July 21st. The restaurant operator reported $3.81 earnings per share for the quarter, missing analysts' consensus estimates of $3.93 by ($0.12). The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion. Domino's Pizza had a net margin of 12.49% and a negative return on equity of 15.09%. The business's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company posted $4.03 EPS. On average, equities research analysts forecast that Domino's Pizza Inc will post 16.74 EPS for the current fiscal year.

Domino's Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, September 15th. Domino's Pizza's dividend payout ratio is currently 40.42%.

Insiders Place Their Bets

In other Domino's Pizza news, Director James A. Goldman sold 1,000 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $451.49, for a total transaction of $451,490.00. Following the completion of the sale, the director owned 3,384 shares of the company's stock, valued at approximately $1,527,842.16. This represents a 22.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.83% of the company's stock.

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.