Domino's Pizza, Inc. (NASDAQ:DPZ) Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 123.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,829 shares of the restaurant operator's stock after buying an additional 5,422 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Domino's Pizza were worth $4,126,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of DPZ. Berkshire Hathaway Inc increased its holdings in shares of Domino's Pizza by 86.5% during the 4th quarter. Berkshire Hathaway Inc now owns 2,382,000 shares of the restaurant operator's stock valued at $999,868,000 after purchasing an additional 1,104,744 shares in the last quarter. Norges Bank purchased a new position in shares of Domino's Pizza during the 4th quarter valued at approximately $250,571,000. Invesco Ltd. increased its holdings in shares of Domino's Pizza by 46.0% during the 4th quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock valued at $255,649,000 after purchasing an additional 191,752 shares in the last quarter. Freestone Grove Partners LP purchased a new position in shares of Domino's Pizza during the 4th quarter valued at approximately $56,647,000. Finally, Vaughan Nelson Investment Management L.P. purchased a new position in shares of Domino's Pizza during the 4th quarter valued at approximately $41,701,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on DPZ. BTIG Research set a $530.00 price target on shares of Domino's Pizza and gave the company a "buy" rating in a research note on Monday, April 28th. Loop Capital lifted 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 note on Tuesday, April 29th. Bank of America lifted their target price on shares of Domino's Pizza from $520.00 to $549.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. TD Cowen reaffirmed a "buy" rating and set a $490.00 target price on shares of Domino's Pizza in a research note on Monday, February 24th. Finally, Benchmark lifted their target price on shares of Domino's Pizza from $520.00 to $535.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Domino's Pizza presently has a consensus rating of "Moderate Buy" and a consensus price target of $498.50.

Domino's Pizza Stock Up 1.8%

NASDAQ:DPZ traded up $8.18 during midday trading on Friday, reaching $468.21. The stock had a trading volume of 432,061 shares, compared to its average volume of 630,385. The firm has a fifty day simple moving average of $473.47 and a two-hundred day simple moving average of $458.57. Domino's Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $538.44. The stock has a market cap of $16.03 billion, a P/E ratio of 28.76, a P/E/G ratio of 2.47 and a beta of 1.11.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period last year, the firm posted $3.58 EPS. Domino's Pizza's quarterly revenue was up 2.5% on a year-over-year basis. On average, sell-side analysts anticipate that Domino's Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino's Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Friday, June 13th. Domino's Pizza's dividend payout ratio (DPR) is currently 39.91%.

Insider Buying and Selling at Domino's Pizza

In other Domino's Pizza news, 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 completion of the sale, the executive vice president now owns 8,756 shares of the company's stock, valued at approximately $4,046,848.08. This trade represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kevin Scott Morris sold 5,416 shares of Domino's Pizza stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total value of $2,366,792.00. Following the transaction, the executive vice president now directly owns 793 shares of the company's stock, valued at $346,541. This trade represents a 87.23% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,996 shares of company stock valued at $3,946,461. 0.83% of the stock is owned by company insiders.

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.