Ieq Capital LLC acquires shares of Domino's Pizza, Inc. (NYSE:DPZ)



Ieq Capital LLC increased its stake in Domino's Pizza, Inc. (NYSE:DPZ – Free Report) by 9.7% in the 4th quarter, according to its latest 13F filing with the Securities and Exchange Commission. The company now owns 612 shares of the restaurateur's stock after acquiring an additional 54 shares during the period. Ieq Capital LLC's holdings in Domino's Pizza were worth $252,000 as of its latest SEC filing.

Other institutional investors and hedge funds have recently increased or decreased their stakes in the company. FMR LLC increased 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 restaurateur's stock valued at $541,202,000 after purchasing an additional 197,413 shares in the last quarter. International Asset Investment Management LLC lifted its position in Domino's Pizza by 39,287.9% in the 4th quarter. International Assets Investment Management LLC now owns 499,438 shares of the restaurateur's stock worth $205,883,000 after acquiring an additional 498,170 shares in the last quarter. Northern Trust Corporation boosted its position in Domino's Pizza by 9.4% in the 3rd quarter. Northern Trust Corporation now owns 381,443 shares of the restaurant operator's stock valued at $144,487,000 after acquiring an additional 32,820 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Domino's Pizza by 4.9% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 300,782 shares of the restaurateur's stock valued at $113,933,000 after purchasing an additional 14,013 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased his stake in shares of Domino's Pizza by 3.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 218,019 shares of the restaurateur's stock valued at $89,874,000 after purchasing an additional 6,864 shares during the period. 94.63% of the stock is owned by hedge funds and other institutional investors.

Insider buying and selling

In other Domino's Pizza news, EVP Cynthia A. Hedden sold 108 shares of the company's stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total value of $53,468.64. As a result of the transaction, the executive vice president now directly owns 3,910 shares of the company's stock, valued at $1,935,762.80. The transaction was disclosed in a filing with the Securities and Exchange Commission, which can be viewed on the SEC's website. In other news, EVP Cynthia A. Headen sold 108 shares of the company's stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. As a result of the transaction, the executive vice president now directly owns 3,910 shares of the company's stock, valued at $1,935,762.80. The transaction was disclosed in a filing with the SEC, which can be viewed on the SEC's website. Also, EVP Cynthia A. Headen sold 745 shares of the company's stock in a transaction on Monday, April 29th. The shares were sold at an average price of $530.30, for a total transaction of $395,073.50. Following the sale, the executive vice president now directly owns 3,910 shares of the company's stock, valued at $2,073,473. Disclosures regarding this sale can be found here. In the last three months, insiders have sold 13,401 shares of company stock worth $6,995,948. Insiders own 0.76% of the company's stock.

Domino's Pizza fell 0.1% in trading.

DPZ stock opened Friday at $513.03. Domino's Pizza stock has hit a 12-month low of $285.84 and a 12-month high of $542.75. The company has a market capitalization of $17.89 billion, a P/E ratio of 33.49x, a price-to-earnings ratio of 2.56x, and a beta of 0.83x. The stock's 50-day simple moving average is $490.11 and its 200-day simple moving average is $436.86.

Domino's Pizza (NYSE:DPZ – Get Free Report) last released its quarterly earnings data on Monday, April 29th. The restaurateur reported his EPS of $3.58 for the quarter, beating analysts' consensus estimates of $3.46 by $0.12. Domino's Pizza's return on equity was negative 13.19% and its net profit margin was 11.90%. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.08 billion. In the same period last year, the business' EPS was $2.93. The company's quarterly sales increased 5.9% compared to the same period last year. Sell-side analysts expect Domino's Pizza to post earnings of 16 points per share for the current fiscal year.

Domino's Pizza announces dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid his $1.51 dividend. This equates to a dividend of $6.04 on an annualized basis, giving him a dividend yield of 1.18%. The ex-dividend date is Friday, June 14th. Domino's Pizza's dividend payout ratio is currently 39.43%.

Wall Street Analysts Share Their Opinions

A number of research firms have recently commented on DPZ. Wedbush gave Domino's Pizza an “outperform” rating and set a $520.00 price objective on shares of Domino's Pizza in a report on Friday, April 26th. Argus increased their target price on Domino's Pizza from $580.00 to $600.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. TD Securities restated a “buy” rating on the stock and set a $580.00 target price on shares of Domino's Pizza in a research report on Thursday. Evercore ISI increased their target price on Domino's Pizza from $510.00 to $560.00 and gave the company an “outperform” rating in a report on Monday, April 8th. Finally, Citigroup increased their target price on Domino's Pizza from $505.00 to $530.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 30th. 1 analyst(s) have rated the company's stock with a “sell” rating, nine have issued a “hold” rating and 18 have issued a “buy” rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $518.46.

Get our latest analysis for DPZ

About Domino's Pizza

(Free report)

Domino's Pizza, Inc., through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: US stores, international franchises, and supply chains. The company offers pizza under the Domino's Pizza brand through company-owned and franchised stores.

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Curious if other hedge funds own DPZ? Visit HoldingsChannel.com to get the latest 13F filings and insider transactions for Domino's Pizza, Inc. (NYSE:DPZ – Free Report).

Domino's Pizza Quarterly Institutional Ownership (NYSE:DPZ)



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