Domino's Pizza, Inc. (NYSE:DPZ) Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC lowered its stake in shares of Domino's Pizza, Inc. (NYSE:DPZ - Free Report) by 4.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 69,445 shares of the restaurant operator's stock after selling 2,858 shares during the quarter. Fisher Asset Management LLC owned 0.20% of Domino's Pizza worth $28,627,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. ICW Investment Advisors LLC lifted its stake in Domino's Pizza by 7.1% in the fourth quarter. ICW Investment Advisors LLC now owns 858 shares of the restaurant operator's stock worth $354,000 after purchasing an additional 57 shares during the last quarter. Kestra Private Wealth Services LLC increased its stake in Domino's Pizza by 21.8% in the 4th quarter. Kestra Private Wealth Services LLC now owns 2,084 shares of the restaurant operator's stock worth $859,000 after buying an additional 373 shares during the period. Gilbert & Cook Inc. lifted its holdings in Domino's Pizza by 7.3% during the 4th quarter. Gilbert & Cook Inc. now owns 1,488 shares of the restaurant operator's stock valued at $613,000 after buying an additional 101 shares in the last quarter. Fiduciary Group LLC purchased a new stake in Domino's Pizza in the 4th quarter valued at about $590,000. Finally, Truist Financial Corp grew its stake in Domino's Pizza by 76.0% in the 4th quarter. Truist Financial Corp now owns 12,902 shares of the restaurant operator's stock worth $5,319,000 after acquiring an additional 5,573 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DPZ. Royal Bank of Canada lifted their price target on shares of Domino's Pizza from $525.00 to $575.00 and gave the company an "outperform" rating in a research note on Tuesday, April 30th. Barclays upped their price objective on Domino's Pizza from $405.00 to $470.00 and gave the stock an "underweight" rating in a research note on Tuesday, April 30th. TD Cowen reiterated a "buy" rating and issued a $550.00 target price on shares of Domino's Pizza in a research note on Monday, April 29th. Evercore ISI increased their price target on shares of Domino's Pizza from $510.00 to $560.00 and gave the company an "outperform" rating in a research report on Monday, April 8th. Finally, Gordon Haskett raised shares of Domino's Pizza from a "hold" rating to a "buy" rating and set a $467.00 price objective on the stock in a research report on Tuesday, January 16th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and seventeen have given a buy rating to the stock. Based on data from MarketBeat, Domino's Pizza presently has a consensus rating of "Moderate Buy" and an average price target of $516.19.

Insiders Place Their Bets

In other news, EVP Cynthia A. Headen sold 108 shares of Domino's Pizza stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total value of $53,468.64. Following the sale, the executive vice president now owns 3,910 shares in the company, valued at $1,935,762.80. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, EVP Cynthia A. Headen sold 745 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $530.30, for a total value of $395,073.50. Following the completion of the transaction, the executive vice president now directly owns 3,910 shares of the company's stock, valued at approximately $2,073,473. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Cynthia A. Headen sold 108 shares of Domino's Pizza stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total transaction of $53,468.64. Following 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. Over the last ninety days, insiders sold 13,401 shares of company stock worth $6,995,948. Company insiders own 0.76% of the company's stock.

Domino's Pizza Price Performance

DPZ stock traded up $1.63 during midday trading on Friday, hitting $514.33. 583,565 shares of the stock traded hands, compared to its average volume of 682,645. Domino's Pizza, Inc. has a 1-year low of $285.84 and a 1-year high of $542.75. The stock's fifty day simple moving average is $476.68 and its 200-day simple moving average is $424.94. The firm has a market cap of $17.94 billion, a P/E ratio of 33.57, a PEG ratio of 2.57 and a beta of 0.83.

Domino's Pizza (NYSE:DPZ - Get Free Report) last posted its earnings results on Monday, April 29th. The restaurant operator reported $3.58 EPS for the quarter, beating analysts' consensus estimates of $3.46 by $0.12. The firm had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.08 billion. Domino's Pizza had a negative return on equity of 13.19% and a net margin of 11.90%. The company's quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the firm earned $2.93 EPS. On average, research analysts predict that Domino's Pizza, Inc. will post 16 earnings per share for the current year.

Domino's Pizza Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.17%. The ex-dividend date is Friday, June 14th. Domino's Pizza's payout ratio is presently 39.43%.

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.