UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Stock Holdings in Domino's Pizza, Inc. (NASDAQ:DPZ)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in shares of 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 fund 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 about 0.67% of Domino's Pizza worth $97,543,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Sherman Asset Management Inc. acquired a new stake in Domino's Pizza during the fourth quarter worth about $25,000. Brown Brothers Harriman & Co. boosted its holdings in 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 during the last quarter. Covestor Ltd grew 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 buying an additional 49 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Domino's Pizza by 40.0% during 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. acquired a new stake in shares of Domino's Pizza during the 4th quarter worth approximately $42,000. Hedge funds and other institutional investors own 94.63% of the company's stock.

Domino's Pizza Price Performance

Shares of Domino's Pizza stock traded down $1.45 during trading on Wednesday, hitting $483.11. 373,352 shares of the stock were exchanged, compared to its average volume of 625,242. The stock has a market cap of $16.54 billion, a price-to-earnings ratio of 29.68, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15. The firm's 50-day moving average price is $472.33 and its 200 day moving average price is $457.05. Domino's Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $538.44.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings data 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 business had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.12 billion. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The business's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.58 EPS. As a group, research analysts forecast that Domino's Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino's Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date is Friday, June 13th. Domino's Pizza's dividend payout ratio (DPR) is 39.91%.

Insider Buying and Selling

In other news, EVP Kelly E. Garcia sold 2,104 shares of the firm's stock in a transaction that occurred 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 transaction, the executive vice president now directly 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kevin Scott Morris sold 5,416 shares of the company's stock in a transaction on 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 owns 793 shares of the company's stock, valued at approximately $346,541. This trade represents a 87.23% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,996 shares of company stock worth $3,946,461 in the last ninety days. 0.83% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on DPZ shares. BMO Capital Markets increased their price objective on Domino's Pizza from $515.00 to $540.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 29th. Benchmark increased their price target on Domino's Pizza from $520.00 to $535.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Wells Fargo & Company raised their price objective on Domino's Pizza from $445.00 to $465.00 and gave the stock an "equal weight" rating in a research report on Tuesday, April 29th. Argus reaffirmed a "hold" rating and issued a $490.00 target price on shares of Domino's Pizza in a research report on Tuesday, April 29th. Finally, Hsbc Global Res upgraded shares of Domino's Pizza to a "strong-buy" rating in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Domino's Pizza currently has a consensus rating of "Moderate Buy" and an average price target of $498.50.

Domino's Pizza Company 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.