Vident Advisory LLC Invests $237,000 in Domino's Pizza, Inc. (NASDAQ:DPZ)

Vident Advisory LLC bought a new position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 564 shares of the restaurant operator's stock, valued at approximately $237,000.

Several other institutional investors have also recently modified their holdings of DPZ. Westwood Holdings Group Inc. increased its stake in Domino's Pizza by 3.6% in the 4th quarter. Westwood Holdings Group Inc. now owns 273,981 shares of the restaurant operator's stock worth $115,006,000 after purchasing an additional 9,617 shares during the period. Twinbeech Capital LP bought a new stake in shares of Domino's Pizza in the 4th quarter worth approximately $30,536,000. Teza Capital Management LLC grew its position in shares of Domino's Pizza by 140.2% in the 4th quarter. Teza Capital Management LLC now owns 1,794 shares of the restaurant operator's stock worth $753,000 after buying an additional 1,047 shares during the last quarter. Suvretta Capital Management LLC bought a new stake in shares of Domino's Pizza in the 4th quarter worth approximately $16,094,000. Finally, Snowden Capital Advisors LLC grew its position in shares of Domino's Pizza by 4.3% in the 4th quarter. Snowden Capital Advisors LLC now owns 6,496 shares of the restaurant operator's stock worth $2,727,000 after buying an additional 267 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors.

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 on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the transaction, the executive vice president now directly owns 793 shares in the company, valued at $346,541. This trade represents a 87.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Reddy Sandeep sold 399 shares of the firm's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total value of $184,409.82. Following the transaction, the executive vice president now owns 8,756 shares in the company, valued at $4,046,848.08. The trade was a 4.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,996 shares of company stock worth $3,946,461 over the last ninety days. Company insiders own 0.83% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on DPZ shares. BMO Capital Markets lifted 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. Stephens reiterated an "equal weight" rating and issued a $440.00 price objective on shares of Domino's Pizza in a research report on Wednesday, April 2nd. Bank of America lifted their price objective on Domino's Pizza from $520.00 to $549.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Argus restated a "hold" rating and set a $490.00 price target on shares of Domino's Pizza in a research report on Tuesday, April 29th. Finally, BTIG Research set a $530.00 price target on Domino's Pizza and gave the company a "buy" rating in a research report on Monday, April 28th. One analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $498.50.

Domino's Pizza Price Performance

Shares of NASDAQ DPZ traded down $1.47 during mid-day trading on Tuesday, reaching $464.53. The company's stock had a trading volume of 559,415 shares, compared to its average volume of 628,629. The firm has a market capitalization of $15.91 billion, a PE ratio of 28.53, a P/E/G ratio of 2.47 and a beta of 1.15. The stock has a fifty day moving average of $473.03 and a two-hundred day moving average of $458.22. Domino's Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $538.44.

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

Domino's Pizza Dividend Announcement

The business 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 dividend on an annualized basis and a yield of 1.50%. Domino's Pizza's dividend payout ratio (DPR) is presently 39.91%.

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.