7,083 Shares in Domino’s Pizza Inc $DPZ Purchased by Virtu Financial LLC

Virtu Financial LLC purchased a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 7,083 shares of the restaurant operator’s stock, valued at approximately $2,952,000.

A number of other institutional investors also recently added to or reduced their stakes in DPZ. Kovitz Investment Group Partners LLC raised its holdings in shares of Domino’s Pizza by 819.8% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 12,647 shares of the restaurant operator’s stock worth $5,271,000 after buying an additional 11,272 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in Domino’s Pizza by 0.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,008,278 shares of the restaurant operator’s stock valued at $837,091,000 after buying an additional 7,497 shares in the last quarter. Invesco Ltd. boosted its stake in Domino’s Pizza by 4.5% in the 4th quarter. Invesco Ltd. now owns 961,000 shares of the restaurant operator’s stock valued at $400,564,000 after buying an additional 41,170 shares in the last quarter. Corient Private Wealth LLC grew its position in Domino’s Pizza by 632.0% in the fourth quarter. Corient Private Wealth LLC now owns 66,354 shares of the restaurant operator’s stock valued at $27,658,000 after acquiring an additional 57,289 shares during the period. Finally, Alberta Investment Management Corp bought a new stake in Domino’s Pizza in the fourth quarter valued at $542,000. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino’s Pizza Price Performance

DPZ stock opened at $312.47 on Friday. The business has a fifty day moving average price of $330.60 and a 200 day moving average price of $376.57. Domino’s Pizza Inc has a fifty-two week low of $297.48 and a fifty-two week high of $496.00. The stock has a market capitalization of $10.39 billion, a price-to-earnings ratio of 17.99, a P/E/G ratio of 1.46 and a beta of 0.97.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Monday, April 27th. The restaurant operator reported $4.13 EPS for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.16). The business had revenue of $1.15 billion during the quarter. Domino’s Pizza had a negative return on equity of 15.04% and a net margin of 11.89%.The business’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.33 earnings per share. On average, equities analysts expect that Domino’s Pizza Inc will post 19.07 earnings per share for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. Domino’s Pizza’s payout ratio is currently 45.83%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Jefferies Financial Group dropped their price objective on Domino’s Pizza from $400.00 to $350.00 and set a “hold” rating for the company in a research note on Tuesday, April 28th. HSBC reduced their target price on shares of Domino’s Pizza from $601.00 to $544.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. William Blair set a $540.00 target price on shares of Domino’s Pizza in a research report on Monday, February 23rd. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Domino’s Pizza from $480.00 to $435.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. Finally, Mizuho cut their price target on shares of Domino’s Pizza from $470.00 to $420.00 and set an “outperform” rating for the company in a report on Tuesday, April 28th. Seventeen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $418.13.

Insider Activity

In related news, EVP Kelly E. Garcia sold 488 shares of Domino’s Pizza stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $313.16, for a total value of $152,822.08. Following the completion of the transaction, the executive vice president directly owned 9,352 shares of the company’s stock, valued at $2,928,672.32. The trade was a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 1,463 shares of company stock valued at $466,807 over the last three months. Insiders own 0.89% of the company’s stock.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.