Vaughan Nelson Investment Management L.P. Lowers Stock Holdings in Domino's Pizza, Inc. (NASDAQ:DPZ)

Vaughan Nelson Investment Management L.P. lowered its position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 14.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 84,620 shares of the restaurant operator's stock after selling 14,725 shares during the quarter. Vaughan Nelson Investment Management L.P. owned about 0.25% of Domino's Pizza worth $38,879,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in DPZ. Berkshire Hathaway Inc grew its position in Domino's Pizza by 86.5% in the fourth quarter. Berkshire Hathaway Inc now owns 2,382,000 shares of the restaurant operator's stock worth $999,868,000 after acquiring an additional 1,104,744 shares in the last quarter. Norges Bank purchased a new position in Domino's Pizza in the fourth quarter worth $250,571,000. GAMMA Investing LLC grew its position in Domino's Pizza by 53,740.4% in the first quarter. GAMMA Investing LLC now owns 260,049 shares of the restaurant operator's stock worth $119,480,000 after acquiring an additional 259,566 shares in the last quarter. Invesco Ltd. grew its position in Domino's Pizza by 46.0% in the fourth quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock worth $255,649,000 after acquiring an additional 191,752 shares in the last quarter. Finally, Freestone Grove Partners LP purchased a new position in Domino's Pizza in the fourth quarter worth $56,647,000. Institutional investors own 94.63% of the company's stock.

Insider Activity

In other news, EVP Reddy Sandeep sold 399 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $462.18, for a total transaction of $184,409.82. Following the sale, the executive vice president now owns 8,756 shares in the company, valued at $4,046,848.08. This represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.83% of the company's stock.

Domino's Pizza Stock Up 0.3%

Shares of NASDAQ DPZ traded up $1.15 on Friday, reaching $452.15. 852,857 shares of the company's stock traded hands, compared to its average volume of 635,105. Domino's Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $535.98. The business's 50 day simple moving average is $474.07 and its two-hundred day simple moving average is $458.43. The company has a market cap of $15.48 billion, a price-to-earnings ratio of 27.77, a price-to-earnings-growth ratio of 2.47 and a beta of 1.11.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $1.12 billion. During the same quarter last year, the firm earned $3.58 earnings per share. The business's revenue for the quarter was up 2.5% on a year-over-year basis. Analysts forecast that Domino's Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino's Pizza Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend is Friday, June 13th. Domino's Pizza's payout ratio is 39.91%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Guggenheim reiterated a "neutral" rating on shares of Domino's Pizza in a research report on Thursday, May 15th. Robert W. Baird upped their price target on shares of Domino's Pizza from $500.00 to $535.00 and gave the company an "outperform" rating in a research report on Wednesday, April 23rd. Loop Capital upped their price target on shares of Domino's Pizza from $555.00 to $564.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. TD Securities restated a "buy" rating and set a $490.00 price target on shares of Domino's Pizza in a research report on Monday, April 28th. Finally, Wedbush restated an "outperform" rating and set a $500.00 price target on shares of Domino's Pizza in a research report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $487.17.

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.