Stifel Financial Corp Buys 7,526 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

Stifel Financial Corp raised its position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 51.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 22,280 shares of the restaurant operator's stock after buying an additional 7,526 shares during the period. Stifel Financial Corp owned about 0.06% of Domino's Pizza worth $9,353,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Sherman Asset Management Inc. bought a new position in Domino's Pizza in the 4th quarter valued at $25,000. Brown Brothers Harriman & Co. boosted its position in shares of 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 worth $28,000 after purchasing an additional 61 shares during the last quarter. Covestor Ltd boosted its position in shares of Domino's Pizza by 158.1% in the 4th quarter. Covestor Ltd now owns 80 shares of the restaurant operator's stock worth $34,000 after purchasing an additional 49 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Domino's Pizza by 40.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock worth $38,000 after purchasing an additional 26 shares during the last quarter. Finally, Lee Danner & Bass Inc. bought a new position in shares of Domino's Pizza in the 4th quarter worth $42,000. 94.63% of the stock is currently owned by institutional investors.

Domino's Pizza Price Performance

NASDAQ:DPZ traded down $8.98 during trading hours on Thursday, reaching $481.39. 499,131 shares of the stock were exchanged, compared to its average volume of 621,572. Domino's Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $538.44. The firm has a 50 day moving average of $463.90 and a 200 day moving average of $449.45. The stock has a market cap of $16.51 billion, a PE ratio of 29.57, a PEG ratio of 2.47 and a beta of 1.15.

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

Domino's Pizza Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a $1.74 dividend. This represents a $6.96 annualized dividend and a dividend yield of 1.45%. The ex-dividend date is Friday, June 13th. Domino's Pizza's payout ratio is presently 39.91%.

Insider Activity

In other Domino's Pizza news, EVP Kelly E. Garcia sold 2,104 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total transaction of $917,933.12. Following the transaction, the executive vice president now owns 5,699 shares in the company, valued at $2,486,359.72. This trade represents a 26.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kevin Scott Morris sold 5,416 shares of the firm's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total value of $2,366,792.00. Following the completion of the transaction, the executive vice president now owns 793 shares in the company, valued at $346,541. The trade was a 87.23 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,996 shares of company stock valued at $3,946,461. 0.83% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DPZ. Guggenheim raised their price target on Domino's Pizza from $450.00 to $460.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 22nd. Royal Bank of Canada raised their price target on Domino's Pizza from $500.00 to $550.00 and gave the stock an "outperform" rating in a research report on Tuesday. Bank of America raised their price target on Domino's Pizza from $520.00 to $549.00 and gave the stock a "buy" rating in a research report on Tuesday. BTIG Research set a $530.00 target price on Domino's Pizza and gave the stock a "buy" rating in a report on Monday. Finally, Barclays lowered their price target on Domino's Pizza from $425.00 to $420.00 and set an "underweight" rating for the company in a report on Wednesday. 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 has an average rating of "Moderate Buy" and a consensus price target 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.