Schonfeld Strategic Advisors LLC Has $7.80 Million Stock Holdings in Domino's Pizza, Inc. (NASDAQ:DPZ)

Schonfeld Strategic Advisors LLC decreased its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 76.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,578 shares of the restaurant operator's stock after selling 60,436 shares during the quarter. Schonfeld Strategic Advisors LLC owned 0.05% of Domino's Pizza worth $7,798,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sherman Asset Management Inc. acquired a new stake in shares of Domino's Pizza in the fourth quarter valued at approximately $25,000. Brown Brothers Harriman & Co. grew its holdings in Domino's Pizza by 1,016.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator's stock valued at $28,000 after buying an additional 61 shares during the period. Covestor Ltd increased its position in shares of Domino's Pizza by 158.1% in the fourth quarter. Covestor Ltd now owns 80 shares of the restaurant operator's stock worth $34,000 after acquiring an additional 49 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Domino's Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock valued at $38,000 after purchasing an additional 26 shares during the period. Finally, Lee Danner & Bass Inc. acquired a new position in shares of Domino's Pizza in the 4th quarter valued at approximately $42,000. Hedge funds and other institutional investors own 94.63% of the company's stock.

Domino's Pizza Stock Down 0.4 %

DPZ traded down $1.96 during trading on Wednesday, reaching $477.53. The company had a trading volume of 69,587 shares, compared to its average volume of 619,439. The business has a 50 day simple moving average of $464.63 and a 200-day simple moving average of $451.05. The stock has a market cap of $16.35 billion, a P/E ratio of 29.29, a PEG ratio of 2.47 and a beta of 1.15. Domino's Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $538.44.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced 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. The business had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.12 billion. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The business's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the firm earned $3.58 EPS. As a group, equities research analysts expect that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino's Pizza Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a $1.74 dividend. The ex-dividend date is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a yield of 1.46%. Domino's Pizza's payout ratio is 39.91%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Barclays dropped their price target on shares of Domino's Pizza from $425.00 to $420.00 and set an "underweight" rating on the stock in a research report on Wednesday, April 30th. TD Cowen reaffirmed a "buy" rating and set a $490.00 price objective on shares of Domino's Pizza in a research note on Monday, February 24th. Royal Bank of Canada increased their target price on shares of Domino's Pizza from $500.00 to $550.00 and gave the stock an "outperform" rating in a report on Tuesday, April 29th. Wedbush reaffirmed an "outperform" rating and set a $500.00 target price on shares of Domino's Pizza in a report on Tuesday, February 25th. Finally, BMO Capital Markets upped their price objective on shares of 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 equities research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $498.50.

Insider Buying and Selling

In other news, CFO Reddy Sandeep sold 1,077 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total transaction of $477,326.40. Following the sale, the chief financial officer now owns 8,081 shares of the company's stock, valued at $3,581,499.20. The trade was a 11.76 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kevin Scott Morris sold 5,416 shares of the company's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $437.00, for a total value of $2,366,792.00. Following the completion of the sale, the executive vice president now owns 793 shares in the company, valued at $346,541. This represents a 87.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,996 shares of company stock worth $3,946,461. 0.83% of the stock is owned by corporate 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.