Stephens Investment Management Group LLC Acquires 14,998 Shares of Domino's Pizza Inc (NASDAQ:DPZ)

Stephens Investment Management Group LLC increased its stake in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 8.0% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 202,623 shares of the restaurant operator's stock after acquiring an additional 14,998 shares during the period. Domino's Pizza comprises approximately 1.3% of Stephens Investment Management Group LLC's portfolio, making the stock its 19th largest position. Stephens Investment Management Group LLC owned about 0.59% of Domino's Pizza worth $93,095,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DPZ. Allworth Financial LP boosted its position in Domino's Pizza by 16.0% during the first quarter. Allworth Financial LP now owns 174 shares of the restaurant operator's stock valued at $85,000 after buying an additional 24 shares during the period. Lodestone Wealth Management LLC boosted its position in Domino's Pizza by 4.4% during the first quarter. Lodestone Wealth Management LLC now owns 587 shares of the restaurant operator's stock valued at $270,000 after buying an additional 25 shares during the period. Concurrent Investment Advisors LLC boosted its position in Domino's Pizza by 1.1% during the first quarter. Concurrent Investment Advisors LLC now owns 2,382 shares of the restaurant operator's stock valued at $1,094,000 after buying an additional 25 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of 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 acquiring an additional 26 shares during the last quarter. Finally, Robbins Farley raised its stake in shares of Domino's Pizza by 0.3% during the first quarter. Robbins Farley now owns 8,349 shares of the restaurant operator's stock valued at $3,836,000 after acquiring an additional 29 shares during the last quarter. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino's Pizza Price Performance

Domino's Pizza stock traded down $5.63 during mid-day trading on Tuesday, reaching $467.32. 207,259 shares of the company traded hands, compared to its average volume of 638,917. Domino's Pizza Inc has a fifty-two week low of $396.06 and a fifty-two week high of $500.55. The company has a market capitalization of $16.00 billion, a price-to-earnings ratio of 26.79, a price-to-earnings-growth ratio of 2.64 and a beta of 1.09. The firm's fifty day moving average is $467.18 and its two-hundred day moving average is $459.22.

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, beating analysts' consensus estimates of $4.12 by $0.21. Domino's Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the business earned $3.58 earnings per share. The business's revenue was up 2.5% compared to the same quarter last year. As a group, equities research analysts predict that Domino's Pizza Inc will post 16.74 earnings per share for the current year.

Domino's Pizza Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a dividend of $1.74 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $6.96 annualized dividend and a yield of 1.49%. Domino's Pizza's dividend payout ratio is presently 39.91%.

Analysts Set New Price Targets

Several brokerages have recently commented on DPZ. Stephens reaffirmed an "equal weight" rating and set a $440.00 price objective on shares of Domino's Pizza in a research note on Wednesday, April 2nd. Hsbc Global Res raised shares of Domino's Pizza to a "strong-buy" rating in a research note on Tuesday, April 22nd. Benchmark upped their price objective on shares of Domino's Pizza from $520.00 to $535.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Citigroup increased their price target on shares of Domino's Pizza from $480.00 to $500.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 29th. Finally, Argus reissued a "hold" rating and issued a $490.00 price target on shares of Domino's Pizza in a research note on Tuesday, April 29th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $487.84.

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.