Occudo Quantitative Strategies LP Grows Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

Occudo Quantitative Strategies LP lifted its position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 169.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,152 shares of the restaurant operator's stock after purchasing an additional 1,352 shares during the period. Occudo Quantitative Strategies LP's holdings in Domino's Pizza were worth $903,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Janney Montgomery Scott LLC boosted its holdings in shares of Domino's Pizza by 278.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator's stock valued at $4,643,000 after buying an additional 8,136 shares in the last quarter. Empowered Funds LLC lifted its stake in Domino's Pizza by 44.6% during the 4th quarter. Empowered Funds LLC now owns 5,713 shares of the restaurant operator's stock valued at $2,398,000 after acquiring an additional 1,762 shares during the period. Alta Capital Management LLC lifted its stake in Domino's Pizza by 20.5% during the 4th quarter. Alta Capital Management LLC now owns 7,144 shares of the restaurant operator's stock valued at $2,999,000 after acquiring an additional 1,214 shares during the period. Principal Financial Group Inc. increased its position in shares of Domino's Pizza by 1.3% during the 4th quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator's stock valued at $708,498,000 after purchasing an additional 21,705 shares during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Domino's Pizza during the 4th quarter valued at about $282,000. Institutional investors own 94.63% of the company's stock.

Insider Buying and Selling at Domino's Pizza

In related news, EVP Reddy Sandeep sold 399 shares of Domino's Pizza stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total transaction of $184,409.82. Following the completion of the sale, the executive vice president now owns 8,756 shares of the company's stock, valued at $4,046,848.08. The trade was a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kelly E. Garcia sold 2,104 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total value of $917,933.12. Following the completion of the transaction, the executive vice president now directly owns 5,699 shares of the company's stock, valued at $2,486,359.72. The trade was a 26.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,996 shares of company stock worth $3,946,461 over the last quarter. Insiders own 0.83% of the company's stock.

Domino's Pizza Stock Performance

DPZ traded up $9.14 on Friday, hitting $495.05. The company had a trading volume of 349,291 shares, compared to its average volume of 624,934. The stock has a fifty day moving average price of $466.82 and a 200-day moving average price of $454.31. Domino's Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $538.44. The stock has a market capitalization of $16.95 billion, a price-to-earnings ratio of 30.41, a P/E/G ratio of 2.47 and a beta of 1.15.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted its earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $0.21. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the previous year, the firm earned $3.58 earnings per share. The firm's quarterly revenue was up 2.5% compared to the same quarter last year. Analysts forecast that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino's Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a $1.74 dividend. The ex-dividend date is Friday, June 13th. This represents a $6.96 annualized dividend and a yield of 1.41%. Domino's Pizza's dividend payout ratio (DPR) is presently 39.91%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on DPZ. Robert W. Baird raised their target price on shares of Domino's Pizza from $500.00 to $535.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 23rd. Bank of America increased their price objective on shares of Domino's Pizza from $520.00 to $549.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Benchmark raised their target price on shares of Domino's Pizza from $520.00 to $535.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. TD Cowen reissued a "buy" rating and issued a $490.00 target price on shares of Domino's Pizza in a report on Monday, February 24th. Finally, BMO Capital Markets raised their price target on Domino's Pizza from $515.00 to $540.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $498.50.

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.