Fiduciary Group LLC Makes New $590,000 Investment in Domino's Pizza, Inc. (NYSE:DPZ)

Fiduciary Group LLC acquired a new stake in Domino's Pizza, Inc. (NYSE:DPZ - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 1,432 shares of the restaurant operator's stock, valued at approximately $590,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tritonpoint Wealth LLC bought a new position in shares of Domino's Pizza in the fourth quarter worth $1,980,000. Nisa Investment Advisors LLC grew its position in Domino's Pizza by 353.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 4,091 shares of the restaurant operator's stock valued at $1,686,000 after buying an additional 3,189 shares in the last quarter. International Assets Investment Management LLC increased its stake in 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 valued at $205,883,000 after buying an additional 498,170 shares during the period. Deutsche Bank AG raised its position 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 buying an additional 32,797 shares in the last quarter. Finally, HB Wealth Management LLC acquired a new stake in shares of Domino's Pizza in the 4th quarter worth approximately $269,000. 94.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on DPZ shares. TD Cowen reiterated a "buy" rating and set a $550.00 price objective on shares of Domino's Pizza in a research note on Monday. Morgan Stanley boosted their price objective on Domino's Pizza from $485.00 to $515.00 and gave the stock an "overweight" rating in a research note on Friday, April 12th. BMO Capital Markets raised their target price on Domino's Pizza from $475.00 to $535.00 and gave the company an "outperform" rating in a research note on Tuesday, February 27th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $430.00 target price (up from $420.00) on shares of Domino's Pizza in a report on Tuesday, February 27th. Finally, Jefferies Financial Group upped their price target on shares of Domino's Pizza from $455.00 to $480.00 and gave the company a "hold" rating in a report on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have issued a buy rating to the stock. According to MarketBeat.com, Domino's Pizza has a consensus rating of "Moderate Buy" and an average target price of $469.67.

Domino's Pizza Price Performance

Domino's Pizza stock traded up $28.05 during trading hours on Monday, hitting $527.12. The company had a trading volume of 1,903,306 shares, compared to its average volume of 586,728. Domino's Pizza, Inc. has a fifty-two week low of $285.84 and a fifty-two week high of $539.99. The firm has a market capitalization of $18.36 billion, a P/E ratio of 35.93, a price-to-earnings-growth ratio of 2.61 and a beta of 0.86. The firm's fifty day moving average is $469.22 and its 200-day moving average is $420.72.

Domino's Pizza (NYSE:DPZ - Get Free Report) last posted its quarterly earnings results on Monday, February 26th. The restaurant operator reported $4.48 earnings per share for the quarter, topping analysts' consensus estimates of $4.38 by $0.10. Domino's Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The business had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the prior year, the business posted $4.43 earnings per share. Domino's Pizza's revenue for the quarter was up .8% compared to the same quarter last year. Analysts anticipate that Domino's Pizza, Inc. will post 15.72 earnings per share for the current year.

Domino's Pizza Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were issued a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 1.15%. This is a positive change from Domino's Pizza's previous quarterly dividend of $1.21. The ex-dividend date was Thursday, March 14th. Domino's Pizza's payout ratio is currently 41.17%.

Insider Activity at Domino's Pizza

In other news, EVP Cynthia A. Headen sold 108 shares of the firm's stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the transaction, the executive vice president now owns 3,910 shares in the company, valued at approximately $1,935,762.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Cynthia A. Headen sold 768 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $451.52, for a total transaction of $346,767.36. Following the completion of the sale, the executive vice president now owns 4,103 shares in the company, valued at approximately $1,852,586.56. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Cynthia A. Headen sold 108 shares of the firm's stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total value of $53,468.64. Following the completion of the sale, the executive vice president now directly owns 3,910 shares in the company, valued at approximately $1,935,762.80. The disclosure for this sale can be found here. 0.81% of the stock is currently owned by company insiders.

Domino's Pizza 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.