Westwood Holdings Group Inc. Has $115.01 Million Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

Westwood Holdings Group Inc. lifted its holdings in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 3.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 273,981 shares of the restaurant operator's stock after acquiring an additional 9,617 shares during the quarter. Domino's Pizza makes up approximately 0.9% of Westwood Holdings Group Inc.'s holdings, making the stock its 20th largest holding. Westwood Holdings Group Inc. owned about 0.79% of Domino's Pizza worth $115,006,000 at the end of the most recent quarter.

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

Insider Transactions at Domino's Pizza

In related news, EVP Kevin Scott Morris sold 5,416 shares of the business'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 transaction, the executive vice president now directly owns 793 shares in the company, valued at approximately $346,541. The trade was a 87.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Reddy Sandeep sold 399 shares of the business's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total transaction of $184,409.82. Following the transaction, the executive vice president now owns 8,756 shares in the company, valued at approximately $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 valued at $3,946,461 over the last 90 days. 0.83% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on DPZ shares. BMO Capital Markets lifted their price target on shares of Domino's Pizza from $515.00 to $540.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 29th. TD Securities reiterated a "buy" rating and set a $490.00 price target on shares of Domino's Pizza in a research report on Monday, April 28th. Morgan Stanley lifted their price target on shares of Domino's Pizza from $492.00 to $510.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 29th. Argus reiterated 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, Wedbush reiterated an "outperform" rating and set a $500.00 price target on shares of Domino's Pizza in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Domino's Pizza currently has an average rating of "Moderate Buy" and a consensus target price of $498.50.

Domino's Pizza Stock Down 0.4%

Shares of DPZ stock traded down $1.83 during trading on Friday, reaching $480.43. The company's stock had a trading volume of 352,267 shares, compared to its average volume of 626,167. The business has a fifty day moving average price of $471.59 and a 200-day moving average price of $456.56. The company has a market cap of $16.45 billion, a price-to-earnings ratio of 29.51, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15. Domino's Pizza, Inc. has a one year low of $396.06 and a one year high of $538.44.

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

Domino's Pizza Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders 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 1.45%. The ex-dividend date is Friday, June 13th. Domino's Pizza's dividend payout ratio is presently 39.91%.

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.