GSA Capital Partners LLP grew its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 87.5% during the 4th quarter, Holdings Channel reports. The firm owned 3,735 shares of the restaurant operator’s stock after buying an additional 1,743 shares during the period. GSA Capital Partners LLP’s holdings in Domino’s Pizza were worth $1,557,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in DPZ. Johnson Financial Group Inc. increased its position in shares of Domino’s Pizza by 200.0% during the 3rd quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 56 shares during the last quarter. MUFG Securities EMEA plc acquired a new position in shares of Domino’s Pizza during the 2nd quarter worth approximately $46,000. Smartleaf Asset Management LLC increased its holdings in shares of Domino’s Pizza by 64.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 110 shares of the restaurant operator’s stock worth $48,000 after acquiring an additional 43 shares during the last quarter. Activest Wealth Management increased its holdings in shares of Domino’s Pizza by 411.5% during the 3rd quarter. Activest Wealth Management now owns 133 shares of the restaurant operator’s stock worth $58,000 after acquiring an additional 107 shares during the last quarter. Finally, Atlantic Union Bankshares Corp increased its holdings in shares of Domino’s Pizza by 85.5% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 141 shares of the restaurant operator’s stock worth $61,000 after acquiring an additional 65 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.
Domino’s Pizza Price Performance
Shares of NASDAQ DPZ opened at $312.75 on Wednesday. The stock’s fifty day moving average price is $358.14 and its two-hundred day moving average price is $390.97. Domino’s Pizza Inc has a one year low of $297.48 and a one year high of $499.08. The firm has a market cap of $10.40 billion, a price-to-earnings ratio of 18.01, a P/E/G ratio of 1.43 and a beta of 1.02.
Domino’s Pizza Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders 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 yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. Domino’s Pizza’s dividend payout ratio is currently 45.83%.
Insider Buying and Selling
In other Domino’s Pizza news, EVP Kelly E. Garcia sold 488 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $332.31, for a total value of $162,167.28. Following the transaction, the executive vice president directly owned 9,352 shares of the company’s stock, valued at $3,107,763.12. This represents a 4.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.89% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on DPZ shares. JPMorgan Chase & Co. decreased their target price on Domino’s Pizza from $450.00 to $440.00 and set an “overweight” rating on the stock in a report on Friday, April 24th. Benchmark decreased their target price on Domino’s Pizza from $465.00 to $430.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Mizuho decreased their target price on Domino’s Pizza from $470.00 to $420.00 and set an “outperform” rating on the stock in a report on Tuesday, April 28th. Piper Sandler decreased their target price on Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. Finally, William Blair set a $540.00 target price on Domino’s Pizza in a report on Monday, February 23rd. Seventeen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $419.74.
Get Our Latest Report on Domino’s Pizza
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.
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