MML Investors Services LLC Has $2.09 Million Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

MML Investors Services LLC lifted its position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 24.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,981 shares of the restaurant operator's stock after purchasing an additional 967 shares during the quarter. MML Investors Services LLC's holdings in Domino's Pizza were worth $2,091,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Domino's Pizza in the fourth quarter valued at $250,571,000. Invesco Ltd. lifted its holdings in Domino's Pizza by 46.0% during the 4th quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock worth $255,649,000 after buying an additional 191,752 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in Domino's Pizza during the 4th quarter worth $41,701,000. Geode Capital Management LLC boosted its position in Domino's Pizza by 10.7% in the 4th 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 last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Domino's Pizza in the 4th quarter valued at $32,592,000. Institutional investors own 94.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on DPZ shares. 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. Hsbc Global Res raised shares of Domino's Pizza to a "strong-buy" rating in a research note on Tuesday, April 22nd. TD Cowen reaffirmed a "buy" rating and issued a $490.00 price objective on shares of Domino's Pizza in a research note on Monday, February 24th. Wedbush reiterated an "outperform" rating and set a $500.00 target price on shares of Domino's Pizza in a research report on Tuesday, February 25th. Finally, BTIG Research set a $530.00 price target on Domino's Pizza and gave the company a "buy" rating in a research note on Monday, April 28th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $498.50.

Insider Buying and Selling

In related news, EVP Kelly E. Garcia sold 2,104 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total transaction of $917,933.12. Following the transaction, the executive vice president now directly owns 5,699 shares in the company, valued at approximately $2,486,359.72. The trade was a 26.96 % 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 company'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 sale, the executive vice president now directly owns 8,756 shares in the company, valued at $4,046,848.08. This trade represents a 4.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,996 shares of company stock worth $3,946,461. Corporate insiders own 0.83% of the company's stock.

Domino's Pizza Price Performance

NASDAQ:DPZ traded up $3.22 during trading hours on Friday, reaching $484.61. 594,853 shares of the stock were exchanged, compared to its average volume of 621,956. The stock has a market cap of $16.59 billion, a PE ratio of 29.77, a PEG ratio of 2.47 and a beta of 1.15. Domino's Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $538.44. The firm has a 50 day moving average of $464.71 and a 200 day moving average of $450.51.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its 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 12.26% and a negative return on equity of 14.35%. The business had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.12 billion. During the same quarter in the prior year, the company posted $3.58 earnings per share. The firm's revenue was up 2.5% on a year-over-year basis. Equities research analysts anticipate that Domino's Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino's Pizza Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors 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 1.44%. The ex-dividend date is Friday, June 13th. Domino's Pizza's dividend payout ratio is currently 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.