Teacher Retirement System of Texas Has $18.85 Million Stock Holdings in Domino's Pizza Inc $DPZ

Key Points

• Teacher Retirement System of Texas increased its stake in Domino's by 55.7% in Q4 to 45,212 shares worth about $18.845 million (≈0.13% of the company).
• Domino's last quarter reported EPS $5.35 (missed estimates by $0.03) on revenue of $1.54 billion (up 6.4% YoY), with a net margin of 12.18% and a negative return on equity of 15.28%.
• The company raised its quarterly dividend to $1.99 (annualized $7.96, ~2.2% yield, 45.3% payout ratio), while Wall Street's consensus is a "Hold" with a $464.26 target amid mixed analyst ratings (11 Buy, 13 Hold, 1 Sell).

Teacher Retirement System of Texas increased its stake in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 55.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,212 shares of the restaurant operator's stock after acquiring an additional 16,179 shares during the period. Teacher Retirement System of Texas owned about 0.13% of Domino's Pizza worth $18,845,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Lafayette Investments Inc. raised its holdings in shares of Domino's Pizza by 2.8% during the third quarter. Lafayette Investments Inc. now owns 955 shares of the restaurant operator's stock worth $412,000 after acquiring an additional 26 shares during the period. Ritholtz Wealth Management raised its holdings in shares of Domino's Pizza by 1.1% during the third quarter. Ritholtz Wealth Management now owns 2,382 shares of the restaurant operator's stock worth $1,028,000 after acquiring an additional 27 shares during the period. Parallel Advisors LLC raised its holdings in shares of Domino's Pizza by 2.9% during the third quarter. Parallel Advisors LLC now owns 965 shares of the restaurant operator's stock worth $417,000 after acquiring an additional 27 shares during the period. Bessemer Group Inc. raised its holdings in shares of Domino's Pizza by 1.2% during the third quarter. Bessemer Group Inc. now owns 2,317 shares of the restaurant operator's stock worth $1,000,000 after acquiring an additional 28 shares during the period. Finally, Colonial Trust Co SC raised its holdings in shares of Domino's Pizza by 5.3% during the third quarter. Colonial Trust Co SC now owns 561 shares of the restaurant operator's stock worth $242,000 after acquiring an additional 28 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino's Pizza Trading Down 1.3%

Domino's Pizza stock opened at $367.64 on Friday. The company has a market cap of $12.36 billion, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 1.63 and a beta of 1.18. Domino's Pizza Inc has a 1-year low of $346.31 and a 1-year high of $499.08. The company has a fifty day simple moving average of $380.76 and a 200 day simple moving average of $401.06.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its earnings results on Monday, February 23rd. The restaurant operator reported $5.35 earnings per share for the quarter, missing analysts' consensus estimates of $5.38 by ($0.03). Domino's Pizza had a net margin of 12.18% and a negative return on equity of 15.28%. The business had revenue of $1.54 billion during the quarter. During the same period in the prior year, the business posted $4.89 earnings per share. The company's quarterly revenue was up 6.4% compared to the same quarter last year. On average, equities research analysts forecast that Domino's Pizza Inc will post 19.74 EPS for the current year.

Domino's Pizza Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, March 13th were issued a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, March 13th. This is a positive change from Domino's Pizza's previous quarterly dividend of $1.74. Domino's Pizza's payout ratio is currently 45.30%.

Wall Street Analyst Weigh In

DPZ has been the topic of a number of research analyst reports. UBS Group dropped their price objective on shares of Domino's Pizza from $500.00 to $480.00 and set a "buy" rating on the stock in a report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft set a $480.00 price objective on shares of Domino's Pizza in a report on Wednesday, April 15th. Hovde Group set a $460.00 price objective on shares of Domino's Pizza in a report on Monday, January 5th. Royal Bank Of Canada dropped their price objective on shares of Domino's Pizza from $425.00 to $400.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 15th. Finally, Wells Fargo & Company decreased their target price on shares of Domino's Pizza from $430.00 to $400.00 and set an "equal weight" rating for the company in a research report on Tuesday, March 31st. Eleven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Domino's Pizza presently has a consensus rating of "Hold" and a consensus target price of $464.26.

Domino's Pizza Profile

Domino's Pizza, Inc NASDAQ: DPZ is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino's has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino's Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino's has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.

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