Domino's Pizza Inc (NASDAQ:DPZ) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. lessened its stake in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 76.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,292 shares of the restaurant operator's stock after selling 7,289 shares during the period. Vontobel Holding Ltd.'s holdings in Domino's Pizza were worth $1,053,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DPZ. Berkshire Hathaway Inc grew its stake in shares of 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 during the last quarter. Geode Capital Management LLC grew its position in Domino's Pizza by 10.7% during the fourth quarter. Geode Capital Management LLC now owns 955,160 shares of the restaurant operator's stock valued at $403,203,000 after buying an additional 92,389 shares during the period. Invesco Ltd. raised its holdings in Domino's Pizza by 46.0% in the 4th quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock worth $255,649,000 after purchasing an additional 191,752 shares during the period. Norges Bank purchased a new stake in Domino's Pizza in the 4th quarter worth approximately $250,571,000. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Domino's Pizza by 1.4% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 410,467 shares of the restaurant operator's stock worth $172,298,000 after buying an additional 5,762 shares during the period. Hedge funds and other institutional investors own 94.63% of the company's stock.

Domino's Pizza Trading Up 0.2%

NASDAQ DPZ traded up $1.04 during trading hours on Monday, reaching $453.22. The company had a trading volume of 512,184 shares, compared to its average volume of 642,352. The stock has a 50-day moving average of $469.77 and a 200 day moving average of $458.08. Domino's Pizza Inc has a 1-year low of $396.06 and a 1-year high of $509.09. The stock has a market capitalization of $15.52 billion, a P/E ratio of 25.99, a price-to-earnings-growth ratio of 2.57 and a beta of 1.09.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, topping the consensus estimate of $4.12 by $0.21. Domino's Pizza had a net margin of 12.84% and a negative return on equity of 15.45%. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the firm posted $3.58 earnings per share. The company's quarterly revenue was up 2.5% compared to the same quarter last year. As a group, sell-side analysts predict that Domino's Pizza Inc will post 16.74 EPS for the current year.

Domino's Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were issued a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date was Friday, June 13th. Domino's Pizza's dividend payout ratio (DPR) is 39.91%.

Analyst Ratings Changes

A number of research analysts have recently commented on DPZ shares. Robert W. Baird increased their target price on Domino's Pizza from $500.00 to $535.00 and gave the company an "outperform" rating in a research report on Wednesday, April 23rd. Wells Fargo & Company increased their target price on Domino's Pizza from $445.00 to $465.00 and gave the company an "equal weight" rating in a research report on Tuesday, April 29th. Guggenheim reissued a "neutral" rating on shares of Domino's Pizza in a research report on Thursday, May 15th. Bank of America lifted their price target 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. Finally, Royal Bank Of Canada upped their price target on shares of Domino's Pizza from $500.00 to $550.00 and gave the company an "outperform" rating in a report on Tuesday, April 29th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price 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.