Insider Selling: Domino's Pizza, Inc. (NYSE:DPZ) EVP Sells 745 Shares of Stock

Domino's Pizza, Inc. (NYSE:DPZ - Get Free Report) EVP Cynthia A. Headen sold 745 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $530.30, for a total transaction of $395,073.50. Following the sale, the executive vice president now owns 3,910 shares in the company, valued at $2,073,473. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Domino's Pizza Trading Down 2.4 %

NYSE DPZ traded down $12.85 during mid-day trading on Wednesday, hitting $516.42. The company's stock had a trading volume of 690,385 shares, compared to its average volume of 596,636. The company's 50 day simple moving average is $471.46 and its 200 day simple moving average is $422.01. Domino's Pizza, Inc. has a twelve month low of $285.84 and a twelve month high of $542.75. The firm has a market capitalization of $17.99 billion, a price-to-earnings ratio of 33.71, a PEG ratio of 2.75 and a beta of 0.86.

Domino's Pizza (NYSE:DPZ - Get Free Report) last posted its quarterly earnings data on Monday, April 29th. The restaurant operator reported $3.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.46 by $0.12. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.08 billion. Domino's Pizza had a net margin of 11.90% and a negative return on equity of 13.19%. The business's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.93 EPS. As a group, research analysts forecast that Domino's Pizza, Inc. will post 15.73 EPS for the current year.

Domino's Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Friday, June 14th. Domino's Pizza's dividend payout ratio is 39.43%.

Analysts Set New Price Targets

A number of brokerages have issued reports on DPZ. BMO Capital Markets increased their price objective on shares of Domino's Pizza from $535.00 to $575.00 and gave the stock an "outperform" rating in a research note on Tuesday. BTIG Research raised their price target on shares of Domino's Pizza from $515.00 to $580.00 and gave the company a "buy" rating in a research note on Tuesday. Benchmark raised their price objective on shares of Domino's Pizza from $510.00 to $575.00 and gave the company a "buy" rating in a report on Tuesday. Argus raised their price objective on shares of Domino's Pizza from $580.00 to $600.00 and gave the company a "buy" rating in a report on Tuesday. Finally, Stephens raised their price target on shares of Domino's Pizza from $479.00 to $513.00 and gave the stock an "equal weight" rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and seventeen have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $516.19.

Hedge Funds Weigh In On Domino's Pizza

A number of hedge funds have recently bought and sold shares of DPZ. Tritonpoint Wealth LLC bought a new stake in shares of Domino's Pizza during the 4th quarter worth $1,980,000. Nisa Investment Advisors LLC raised its stake in shares of Domino's Pizza by 353.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 4,091 shares of the restaurant operator's stock worth $1,686,000 after purchasing an additional 3,189 shares during the period. International Assets Investment Management LLC raised its stake in shares of Domino's Pizza by 39,287.9% during the 4th quarter. International Assets Investment Management LLC now owns 499,438 shares of the restaurant operator's stock worth $205,883,000 after purchasing an additional 498,170 shares during the period. Deutsche Bank AG raised its stake in shares of Domino's Pizza by 41.2% during the 3rd quarter. Deutsche Bank AG now owns 112,487 shares of the restaurant operator's stock worth $42,609,000 after purchasing an additional 32,797 shares during the period. Finally, HB Wealth Management LLC bought a new stake in shares of Domino's Pizza during the 4th quarter worth $269,000. 94.63% of the stock is owned by hedge funds and other institutional investors.

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.