UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 1,905 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 0.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 232,377 shares of the restaurant operator's stock after selling 1,905 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.67% of Domino's Pizza worth $97,543,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Worldquant Millennium Advisors LLC purchased a new position in shares of Domino's Pizza during the fourth quarter valued at about $17,626,000. Woodline Partners LP bought a new stake in Domino's Pizza during the fourth quarter worth about $10,648,000. Vident Advisory LLC bought a new position in shares of Domino's Pizza in the fourth quarter worth approximately $237,000. Westwood Holdings Group Inc. lifted its stake in shares of Domino's Pizza by 3.6% in the fourth quarter. Westwood Holdings Group Inc. now owns 273,981 shares of the restaurant operator's stock worth $115,006,000 after buying an additional 9,617 shares in the last quarter. Finally, Twinbeech Capital LP purchased a new position in shares of Domino's Pizza during the fourth quarter valued at approximately $30,536,000. Hedge funds and other institutional investors own 94.63% of the company's stock.

Insider Transactions at Domino's Pizza

In other news, EVP Reddy Sandeep sold 399 shares of the firm's stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $462.18, for a total value of $184,409.82. Following the completion of the sale, the executive vice president now owns 8,756 shares in the company, valued at approximately $4,046,848.08. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kelly E. Garcia sold 2,104 shares of the firm's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total transaction of $917,933.12. Following the completion of the sale, the executive vice president now owns 5,699 shares of the company's stock, valued at $2,486,359.72. This trade represents a 26.96% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,996 shares of company stock worth $3,946,461. 0.83% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

DPZ has been the subject of several research reports. Argus reissued a "hold" rating and set a $490.00 price objective on shares of Domino's Pizza in a report on Tuesday, April 29th. Barclays reduced their target price on shares of Domino's Pizza from $425.00 to $420.00 and set an "underweight" rating for the company in a report on Wednesday, April 30th. Wells Fargo & Company upped their target price on shares of Domino's Pizza from $445.00 to $465.00 and gave the company an "equal weight" rating in a report on Tuesday, April 29th. Bank of America upped their target price on shares of Domino's Pizza from $520.00 to $549.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Finally, Citigroup upped their target price on shares of Domino's Pizza from $480.00 to $500.00 and gave the company a "neutral" rating in a report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $498.50.

Domino's Pizza Trading Down 2.4%

Shares of NASDAQ:DPZ traded down $11.52 during midday trading on Thursday, reaching $471.59. 243,594 shares of the company were exchanged, compared to its average volume of 624,625. Domino's Pizza, Inc. has a one year low of $396.06 and a one year high of $538.44. The business's fifty day moving average is $472.77 and its two-hundred day moving average is $457.23. The stock has a market cap of $16.15 billion, a PE ratio of 28.96, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15.

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

Domino's Pizza Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders 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 1.48%. Domino's Pizza's dividend payout ratio (DPR) is currently 39.91%.

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.