Jag Capital Management LLC trimmed its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 81.5% during the first quarter, Holdings Channel reports. The fund owned 9,055 shares of the restaurant operator’s stock after selling 40,021 shares during the quarter. Jag Capital Management LLC’s holdings in Domino’s Pizza were worth $2,337,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. CWM LLC raised its holdings in shares of Domino’s Pizza by 613.3% during the fourth quarter. CWM LLC now owns 107 shares of the restaurant operator’s stock worth $27,000 after purchasing an additional 92 shares during the period. Ffcm LLC raised its holdings in shares of Domino’s Pizza by 91.1% during the fourth quarter. Ffcm LLC now owns 172 shares of the restaurant operator’s stock worth $43,000 after purchasing an additional 82 shares during the period. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Domino’s Pizza during the fourth quarter worth $89,000. Lido Advisors LLC acquired a new stake in shares of Domino’s Pizza during the fourth quarter worth $209,000. Finally, Donaldson Capital Management LLC acquired a new stake in shares of Domino’s Pizza during the first quarter worth $210,000. Hedge funds and other institutional investors own 94.49% of the company’s stock.

A number of analysts have weighed in on DPZ shares. Maxim Group reissued a “buy” rating and set a $310.00 target price on shares of Domino’s Pizza in a report on Friday, January 18th. BTIG Research increased their price objective on shares of Domino’s Pizza to $335.00 and gave the stock a “buy” rating in a report on Friday, January 18th. Zacks Investment Research raised shares of Domino’s Pizza from a “hold” rating to a “buy” rating and set a $276.00 price objective on the stock in a report on Monday, January 14th. ValuEngine cut shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Friday, February 22nd. Finally, UBS Group set a $285.00 price objective on shares of Domino’s Pizza and gave the stock a “hold” rating in a report on Sunday, January 20th. Seven analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Domino’s Pizza currently has a consensus rating of “Buy” and a consensus target price of $289.63.

Domino’s Pizza stock traded up $1.29 during trading hours on Monday, hitting $258.90. 690,685 shares of the company traded hands, compared to its average volume of 846,822. The stock has a market cap of $10.55 billion, a price-to-earnings ratio of 30.75, a PEG ratio of 1.88 and a beta of 0.57. Domino’s Pizza, Inc. has a 1-year low of $229.18 and a 1-year high of $305.34.

Domino’s Pizza (NYSE:DPZ) last released its earnings results on Thursday, February 21st. The restaurant operator reported $2.62 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.69 by ($0.07). The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.09 billion. Domino’s Pizza had a net margin of 10.54% and a negative return on equity of 12.46%. The firm’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the business posted $2.09 EPS. On average, equities research analysts anticipate that Domino’s Pizza, Inc. will post 9.26 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a dividend of $0.65 per share. This is a boost from Domino’s Pizza’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $2.60 annualized dividend and a yield of 1.00%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 30.88%.

In other Domino’s Pizza news, Director James A. Goldman sold 1,190 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $247.24, for a total transaction of $294,215.60. Following the transaction, the director now owns 7,695 shares of the company’s stock, valued at approximately $1,902,511.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Jeffrey D. Lawrence sold 4,000 shares of the firm’s stock in a transaction dated Friday, March 29th. The shares were sold at an average price of $255.00, for a total transaction of $1,020,000.00. Following the transaction, the chief financial officer now directly owns 3,494 shares in the company, valued at approximately $890,970. The disclosure for this sale can be found here. 1.62% of the stock is currently owned by company insiders.

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Domino’s Pizza Profile

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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