Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Acquired by Focus Partners Wealth

Focus Partners Wealth raised its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 575.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 42,069 shares of the restaurant operator’s stock after buying an additional 35,845 shares during the period. Focus Partners Wealth’s holdings in Domino’s Pizza were worth $17,659,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of DPZ. Ensign Peak Advisors Inc increased its stake in shares of Domino’s Pizza by 3.2% during the fourth quarter. Ensign Peak Advisors Inc now owns 28,615 shares of the restaurant operator’s stock valued at $12,011,000 after acquiring an additional 898 shares during the period. Fiduciary Trust Co acquired a new position in shares of Domino’s Pizza during the fourth quarter valued at approximately $204,000. Cetera Investment Advisers grew its stake in shares of Domino’s Pizza by 9.9% in the 4th quarter. Cetera Investment Advisers now owns 12,828 shares of the restaurant operator’s stock worth $5,385,000 after purchasing an additional 1,157 shares during the last quarter. Brevan Howard Capital Management LP acquired a new position in shares of Domino’s Pizza in the 4th quarter worth approximately $2,627,000. Finally, Captrust Financial Advisors grew its stake in shares of Domino’s Pizza by 54.7% in the 4th quarter. Captrust Financial Advisors now owns 1,863 shares of the restaurant operator’s stock worth $782,000 after purchasing an additional 659 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Insider Activity

In related news, EVP Kevin Scott Morris sold 5,416 shares of the business’s stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the transaction, the executive vice president now owns 793 shares of the company’s stock, valued at approximately $346,541. The trade was a 87.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Reddy Sandeep sold 399 shares of the business’s stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total transaction of $184,409.82. Following the transaction, the executive vice president now directly owns 8,756 shares in the company, valued at $4,046,848.08. This trade represents a 4.36% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,996 shares of company stock valued at $3,946,461 over the last 90 days. 0.83% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of Domino’s Pizza from $445.00 to $465.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 29th. TD Cowen reaffirmed a “buy” rating and issued a $490.00 price objective on shares of Domino’s Pizza in a research note on Monday, February 24th. BMO Capital Markets lifted 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 note on Tuesday, April 29th. TD Securities reaffirmed a “buy” rating and issued a $490.00 price objective on shares of Domino’s Pizza in a research note on Monday, April 28th. Finally, Robert W. Baird lifted their price objective 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. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Domino’s Pizza currently has an average rating of “Moderate Buy” and a consensus price target of $498.50.

Domino’s Pizza Stock Up 0.5%

NASDAQ DPZ opened at $479.37 on Monday. The stock has a market capitalization of $16.41 billion, a PE ratio of 29.45, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15. The company has a 50 day moving average price of $464.18 and a two-hundred day moving average price of $452.36. Domino’s Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $538.44.

Domino’s Pizza (NASDAQ:DPZ) last posted its earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.21. The firm had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company earned $3.58 earnings per share. As a group, equities analysts anticipate that Domino’s Pizza, Inc. will post 16.74 EPS for the current year.

Domino’s Pizza Dividend Announcement

The firm 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. This represents a $6.96 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Friday, June 13th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 39.91%.

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.