Charles Schwab Investment Management Inc. Purchases 6,864 Shares of Domino's Pizza, Inc. (NYSE:DPZ)

Charles Schwab Investment Management Inc. raised its position in shares of Domino's Pizza, Inc. (NYSE:DPZ - Free Report) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 218,019 shares of the restaurant operator's stock after buying an additional 6,864 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.63% of Domino's Pizza worth $89,874,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CWM LLC raised its position in shares of Domino's Pizza by 9.7% during the 4th quarter. CWM LLC now owns 1,177 shares of the restaurant operator's stock worth $485,000 after purchasing an additional 104 shares during the period. Tritonpoint Wealth LLC acquired a new stake in shares of Domino's Pizza during the 4th quarter worth approximately $1,980,000. Nisa Investment Advisors LLC grew its holdings 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 worth $1,686,000 after buying an additional 3,189 shares in the last quarter. International Assets Investment Management LLC grew its holdings in Domino's Pizza by 39,287.9% in the 4th quarter. International Assets Investment Management LLC now owns 499,438 shares of the restaurant operator's stock worth $205,883,000 after buying an additional 498,170 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings in Domino's Pizza by 41.2% in 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. Institutional investors and hedge funds own 94.63% of the company's stock.

Insider Buying and Selling at Domino's Pizza

In other news, CEO Russell J. Weiner sold 11,780 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $526.37, for a total value of $6,200,638.60. Following the completion of the sale, the chief executive officer now directly owns 32,001 shares of the company's stock, valued at $16,844,366.37. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Russell J. Weiner sold 11,780 shares of the business's stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $526.37, for a total transaction of $6,200,638.60. Following the transaction, the chief executive officer now directly owns 32,001 shares in the company, valued at $16,844,366.37. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Cynthia A. Headen sold 745 shares of the company's stock in a transaction that occurred on Monday, April 29th. The shares were 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 disclosure for this sale can be found here. Insiders have sold 13,401 shares of company stock valued at $6,995,948 in the last 90 days. 0.81% of the stock is currently owned by insiders.

Domino's Pizza Stock Performance

Shares of Domino's Pizza stock traded down $8.41 on Monday, reaching $510.24. The stock had a trading volume of 436,492 shares, compared to its average volume of 580,631. The business's 50-day moving average price is $484.78 and its two-hundred day moving average price is $432.64. The stock has a market cap of $17.80 billion, a P/E ratio of 33.31, a price-to-earnings-growth ratio of 2.59 and a beta of 0.83. Domino's Pizza, Inc. has a fifty-two week low of $285.84 and a fifty-two week high of $542.75.

Domino's Pizza (NYSE:DPZ - Get Free Report) last announced its earnings results on Monday, April 29th. The restaurant operator reported $3.58 EPS for the quarter, topping the consensus estimate 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 quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.93 EPS. As a group, equities analysts forecast that Domino's Pizza, Inc. will post 16 earnings per share for the current fiscal year.

Domino's Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a dividend of $1.51 per share. The ex-dividend date is Friday, June 14th. This represents a $6.04 annualized dividend and a yield of 1.18%. Domino's Pizza's payout ratio is 39.43%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on DPZ shares. BMO Capital Markets increased their price target on Domino's Pizza from $535.00 to $575.00 and gave the company an "outperform" rating in a research note on Tuesday, April 30th. HSBC increased their price target on Domino's Pizza from $507.00 to $583.00 and gave the company a "buy" rating in a research note on Tuesday, April 30th. Oppenheimer increased their price target on Domino's Pizza from $530.00 to $580.00 and gave the company an "outperform" rating in a research note on Tuesday, April 30th. Robert W. Baird increased their price target on Domino's Pizza from $510.00 to $530.00 and gave the company a "neutral" rating in a research note on Tuesday, April 30th. Finally, Stifel Nicolaus increased their price target on Domino's Pizza from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Thursday, April 11th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and seventeen have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $516.19.

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.