Fiduciary Group LLC Purchases Shares of 1,432 Domino’s Pizza, Inc. (NYSE:DPZ)

Fiduciary Group LLC purchased a new stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,432 shares of the restaurant operator’s stock, valued at approximately $590,000.

Other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC raised its holdings in shares of Domino’s Pizza by 39,287.9% in the 4th quarter. International Assets Investment Management LLC now owns 499,438 shares of the restaurant operator’s stock worth $205,883,000 after purchasing an additional 498,170 shares during the period. FMR LLC raised its holdings in shares of Domino’s Pizza by 16.0% in the 3rd quarter. FMR LLC now owns 1,428,765 shares of the restaurant operator’s stock worth $541,202,000 after purchasing an additional 197,413 shares during the period. Canada Pension Plan Investment Board bought a new stake in shares of Domino’s Pizza in the 3rd quarter worth approximately $73,757,000. Schonfeld Strategic Advisors LLC grew its stake in Domino’s Pizza by 505.0% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 205,367 shares of the restaurant operator’s stock valued at $77,791,000 after buying an additional 171,422 shares in the last quarter. Finally, Artisan Partners Limited Partnership purchased a new position in Domino’s Pizza in the 3rd quarter valued at approximately $60,601,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Trading Up 5.4 %

Shares of NYSE:DPZ opened at $526.00 on Monday. The company has a market cap of $18.32 billion, a price-to-earnings ratio of 34.02, a price-to-earnings-growth ratio of 2.61 and a beta of 0.86. The company has a 50-day moving average price of $467.11 and a 200-day moving average price of $419.48. Domino’s Pizza, Inc. has a 12 month low of $285.84 and a 12 month high of $526.00.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results on Monday, February 26th. The restaurant operator reported $4.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.38 by $0.10. Domino’s Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the prior year, the firm earned $4.43 earnings per share. Domino’s Pizza’s revenue was up .8% on a year-over-year basis. As a group, research analysts forecast that Domino’s Pizza, Inc. will post 15.72 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were issued a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date was Thursday, March 14th. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.21. Domino’s Pizza’s dividend payout ratio is 41.17%.

Insiders Place Their Bets

In other news, EVP Cynthia A. Headen sold 108 shares of the stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the sale, the executive vice president now owns 3,910 shares in the company, valued at $1,935,762.80. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, EVP Cynthia A. Headen sold 768 shares of the stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total transaction of $346,767.36. Following the transaction, the executive vice president now owns 4,103 shares in the company, valued at $1,852,586.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Cynthia A. Headen sold 108 shares of the stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the transaction, the executive vice president now owns 3,910 shares in the company, valued at approximately $1,935,762.80. The disclosure for this sale can be found here. Corporate insiders own 0.81% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on DPZ. UBS Group lifted their price objective on shares of Domino’s Pizza from $526.00 to $570.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $430.00 price objective (up from $420.00) on shares of Domino’s Pizza in a research note on Tuesday, February 27th. TD Cowen restated a “buy” rating and set a $550.00 price target on shares of Domino’s Pizza in a research report on Monday. Piper Sandler boosted their price target on shares of Domino’s Pizza from $400.00 to $435.00 and gave the company a “neutral” rating in a research report on Tuesday, February 27th. Finally, Stifel Nicolaus boosted their price target on shares of Domino’s Pizza from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have assigned a buy rating to the company. According to data from MarketBeat.com, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and a consensus price target of $469.67.

Domino’s Pizza Company 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.