Teacher Retirement System of Texas Increases Stock Position in Domino's Pizza, Inc. (NYSE:DPZ)

Teacher Retirement System of Texas raised its holdings in Domino's Pizza, Inc. (NYSE:DPZ - Free Report) by 215.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,647 shares of the restaurant operator's stock after purchasing an additional 5,909 shares during the quarter. Teacher Retirement System of Texas' holdings in Domino's Pizza were worth $3,565,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. VisionPoint Advisory Group LLC increased its holdings in Domino's Pizza by 146.9% during the fourth quarter. VisionPoint Advisory Group LLC now owns 758 shares of the restaurant operator's stock worth $312,000 after buying an additional 451 shares during the last quarter. Principal Securities Inc. purchased a new stake in shares of Domino's Pizza during the 4th quarter worth approximately $402,000. Ethos Financial Group LLC raised its holdings in shares of Domino's Pizza by 34.4% in the 4th quarter. Ethos Financial Group LLC now owns 765 shares of the restaurant operator's stock worth $315,000 after purchasing an additional 196 shares during the period. Picton Mahoney Asset Management lifted its stake in Domino's Pizza by 41.8% in the fourth quarter. Picton Mahoney Asset Management now owns 22,450 shares of the restaurant operator's stock valued at $9,253,000 after purchasing an additional 6,617 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Domino's Pizza by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 218,019 shares of the restaurant operator's stock valued at $89,874,000 after purchasing an additional 6,864 shares during the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino's Pizza Trading Up 1.5 %

Shares of Domino's Pizza stock traded up $7.42 on Wednesday, hitting $518.13. 503,346 shares of the company traded hands, compared to its average volume of 577,847. Domino's Pizza, Inc. has a 12-month low of $285.84 and a 12-month high of $542.75. The firm's 50-day simple moving average is $486.01 and its 200 day simple moving average is $433.83. The company has a market cap of $18.07 billion, a P/E ratio of 33.34, a P/E/G ratio of 2.55 and a beta of 0.83.

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

Domino's Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid 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 dividend payout ratio is currently 39.43%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DPZ. Stephens boosted their target price on Domino's Pizza from $479.00 to $513.00 and gave the company an "equal weight" rating in a research note on Tuesday, April 30th. BTIG Research boosted their price objective on Domino's Pizza from $515.00 to $580.00 and gave the company a "buy" rating in a research note on Tuesday, April 30th. Royal Bank of Canada increased their target price on shares of Domino's Pizza from $525.00 to $575.00 and gave the stock an "outperform" rating in a research report 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. Finally, Oppenheimer raised their price objective on shares of Domino's Pizza from $530.00 to $580.00 and gave the stock an "outperform" rating in a report on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and seventeen have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $516.19.

Insider Buying and Selling at Domino's Pizza

In other news, EVP Cynthia A. Headen sold 768 shares of the business's stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total value of $346,767.36. Following the completion of the sale, the executive vice president now directly owns 4,103 shares in the company, valued at approximately $1,852,586.56. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, EVP Cynthia A. Headen sold 768 shares of Domino's Pizza stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total value of $346,767.36. Following the transaction, 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 745 shares of the company's stock in a transaction dated Monday, April 29th. The shares were 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 of the company's stock, valued at $2,073,473. The disclosure for this sale can be found here. Insiders have sold 13,401 shares of company stock worth $6,995,948 over the last ninety days. Insiders own 0.81% of the company's stock.

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.