Teza Capital Management LLC Increases Stock Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

Teza Capital Management LLC grew its stake in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 140.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,794 shares of the restaurant operator's stock after buying an additional 1,047 shares during the period. Teza Capital Management LLC's holdings in Domino's Pizza were worth $753,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Sherman Asset Management Inc. purchased a new stake in shares of Domino's Pizza in the 4th quarter valued at $25,000. Brown Brothers Harriman & Co. boosted its stake in shares of Domino's Pizza by 1,016.7% in the 4th 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 boosted its stake in shares of Domino's Pizza by 158.1% in the 4th 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 boosted its stake in shares of Domino's Pizza by 40.0% in the 4th 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 stake in shares of Domino's Pizza in the 4th quarter valued at $42,000. Hedge funds and other institutional investors own 94.63% of the company's stock.

Wall Street Analysts Forecast Growth

DPZ has been the subject of a number of research reports. Hsbc Global Res raised shares of Domino's Pizza to a "strong-buy" rating in a research note on Tuesday, April 22nd. Loop Capital upped their price objective on shares of Domino's Pizza from $555.00 to $564.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. BTIG Research set a $530.00 price objective on shares of Domino's Pizza and gave the company a "buy" rating in a research note on Monday, April 28th. Bank of America increased their price target on shares of Domino's Pizza from $520.00 to $549.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Finally, Argus reissued a "hold" rating and set a $490.00 price target on shares of Domino's Pizza in a research report on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $498.50.

Domino's Pizza Trading Down 0.4%

NASDAQ DPZ traded down $1.83 during trading on Friday, hitting $480.43. The company had a trading volume of 352,267 shares, compared to its average volume of 627,203. Domino's Pizza, Inc. has a one year low of $396.06 and a one year high of $538.44. The company has a market cap of $16.45 billion, a price-to-earnings ratio of 29.51, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15. The company's fifty day moving average is $471.59 and its 200-day moving average is $456.66.

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

Domino's Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $1.74 dividend. The ex-dividend date is Friday, June 13th. This represents a $6.96 annualized dividend and a dividend yield of 1.45%. Domino's Pizza's payout ratio is 39.91%.

Insider Buying and Selling at Domino's Pizza

In other Domino's Pizza news, EVP Kevin Scott Morris sold 5,416 shares of the firm's stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 793 shares in the company, valued at approximately $346,541. This trade represents a 87.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kelly E. Garcia sold 2,104 shares of the firm's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total transaction of $917,933.12. Following the sale, the executive vice president now owns 5,699 shares of the company's stock, valued at approximately $2,486,359.72. This represents a 26.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,996 shares of company stock worth $3,946,461. 0.83% of the stock is owned by corporate insiders.

Domino's Pizza 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.