Teza Capital Management LLC Acquires 1,047 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

Teza Capital Management LLC grew its holdings in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 140.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,794 shares of the restaurant operator's stock after purchasing an additional 1,047 shares during the quarter. Teza Capital Management LLC's holdings in Domino's Pizza were worth $753,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Sherman Asset Management Inc. bought a new stake in shares of Domino's Pizza in the 4th quarter valued at about $25,000. Brown Brothers Harriman & Co. raised its holdings 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 raised its holdings 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 grew its position 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 worth $38,000 after buying an additional 26 shares during the last quarter. Finally, Lee Danner & Bass Inc. purchased a new position in shares of Domino's Pizza in the 4th quarter worth approximately $42,000. Institutional investors own 94.63% of the company's stock.

Domino's Pizza Stock Performance

Shares of NASDAQ DPZ opened at $497.52 on Tuesday. The company has a market capitalization of $17.04 billion, a PE ratio of 30.56, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15. The company's fifty day moving average price is $467.99 and its 200 day moving average price is $455.40. Domino's Pizza, Inc. has a 1 year low of $396.06 and a 1 year high of $538.44.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, beating the consensus estimate of $4.12 by $0.21. The company had revenue of $1.11 billion for 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%. The firm's revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business earned $3.58 earnings per share. On average, equities analysts expect that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $1.74 per share. The ex-dividend date is Friday, June 13th. This represents a $6.96 annualized dividend and a yield of 1.40%. Domino's Pizza's dividend payout ratio is presently 39.91%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DPZ. TD Cowen reaffirmed a "buy" rating and issued a $490.00 price objective on shares of Domino's Pizza in a research report on Monday, February 24th. Loop Capital lifted their price objective on shares of Domino's Pizza from $555.00 to $564.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. BMO Capital Markets lifted their price objective on shares of Domino's Pizza from $515.00 to $540.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 29th. Citigroup lifted their price objective on shares of Domino's Pizza from $480.00 to $500.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 29th. Finally, Bank of America lifted their price objective on shares of Domino's Pizza from $520.00 to $549.00 and gave the stock a "buy" 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, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $498.50.

Insider Activity at Domino's Pizza

In related news, EVP Kelly E. Garcia sold 2,104 shares of the firm'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 sale, the executive vice president now owns 5,699 shares in the company, valued at approximately $2,486,359.72. This trade represents a 26.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Reddy Sandeep sold 1,077 shares of the stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total transaction of $477,326.40. Following the transaction, the chief financial officer now directly owns 8,081 shares in the company, valued at approximately $3,581,499.20. The trade was a 11.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,996 shares of company stock worth $3,946,461. 0.83% of the stock is owned by company insiders.

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.

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