Domino's Pizza, Inc. (NYSE:DPZ) shares were purchased by DA Davidson & CO.



DA Davidson & CO. increased its holdings in Domino's Pizza, Inc. (NYSE:DPZ – free report ) by 18.8% during the fourth quarter, according to its latest Form 13F filing with the Securities and Exchange Commission. The fund acquired an additional 574 shares during the period, giving it a holding of 3,632 shares of the restaurant operator's stock. DA Davidson & CO.'s holdings of Domino's Pizza stock were worth $1,498,000 at the end of the latest reporting period.

Other institutional investors and hedge funds also recently modified their holdings in DPZ. FMR LLC increased its holdings in Domino's Pizza by 16.0% in the third quarter. FMR LLC now holds 1,428,765 shares of the restaurant operator's stock valued at $541,202,000. It purchased an additional 197,413 shares in the last quarter. Norges Bank purchased a new position in Domino's Pizza in the fourth quarter for $208,604,000. International Asset Investment Management LLC increased its holdings in Domino's Pizza by 39,287.9% in the fourth quarter. International Asset Investment Management LLC now holds 499,438 shares of the restaurant operator's stock valued at $205,883,000. It acquired an additional 498,170 shares in the last quarter. Northern Trust Corporation increased its stake in Domino's Pizza by 9.4% in the third quarter. Northern Trust Corporation now holds 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. Finally, Kayne Anderson Rudnick Investment Management LLC increased its stake in Domino's Pizza by 4.9% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now holds 300,782 shares of the restaurant operator's stock, valued at $113,933,000, after acquiring an additional 14,013 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company's shares.

Insider trading

In other Domino's Pizza news, Executive Vice President Cynthia A. Heeden sold 745 shares of Domino's Pizza stock in a transaction on Monday, April 29th. The shares were sold at an average price of $530.30, for a total transaction value of $395,073.50. Following the sale, the executive vice president now directly owns 3,910 shares of the company's stock, valued at approximately $2,073,473. The transaction was disclosed in a document filed with the Securities and Exchange Commission, which is available on the SEC's website. In other Domino's Pizza news, Executive Vice President Cynthia A. Heeden 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 value of $395,073.50. Following the completion of the transaction, the Executive Vice President now directly owns 3,910 shares of the company's stock, valued at approximately $2,073,473. The sale was disclosed in a document filed with the SEC, available at this hyperlink. Additionally, Executive Vice President, Cynthia A. Headen sold 768 shares of the company's stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total transaction value of $346,767.36. Following the completion of the sale, the Executive Vice President now owns 4,103 shares of the company's stock, valued at approximately $1,852,586.56. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,401 shares of the company's stock, valued at $6,995,948. 0.76% of the stock is currently owned by company insiders.

Domino's Pizza stock price rises 0.0%

NYSE DPZ opened trading at $502.16 on Friday. Domino's Pizza's 52-week low is $285.84 and its 52-week high is $542.75. The company's 50-day moving average price is $496.36 and its 200-day moving average price is $442.12. The company has a market cap of $17.52 billion, a price-to-earnings ratio (PE) of 32.78, a price-to-earnings ratio (PEG) of 2.48 and a beta of 0.83.

Domino's Pizza (NYSE:DPZ – get free report ) last released its earnings results on Monday, April 29th. The restaurant operator reported $3.58 earnings per share for the quarter, beating the market consensus estimate of $3.46 by $0.12. Domino's Pizza had a net margin of 11.90% and a return on equity of -13.19%. Revenues for the business were $1.08 billion, beating the market consensus estimate of $1.08 billion. In the same period last year, the company posted earnings per share of $2.93. Quarterly revenues for the business grew 5.9% year over year. Sell-side analysts expect Domino's Pizza to post 16 EPS for the current fiscal year.

Domino's Pizza announces dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a dividend of $1.51 per share. This equates to an annualized dividend of $6.04, or a dividend yield of 1.20%. The ex-dividend date for this dividend is Friday, June 14th. Domino's Pizza has a dividend payout ratio of 39.43%.

Analysts Set New Price Targets

A number of reports have been published on DPZ. Wedbush reaffirmed an “outperform” rating and set a $520 price target on shares of Domino's Pizza in a report on Friday, April 26th. Oppenheimer raised their price target on shares of Domino's Pizza from $530.00 to $580.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 30th. Argus raised their price target on Domino's Pizza from $580.00 to $600.00 and gave the company a “buy” rating in a report on Tuesday, April 30th. Robert W. Baird raised their price target on Domino's Pizza from $510.00 to $530.00 and gave the stock a “neutral” rating in a report on Tuesday, April 30th. Finally, TD Securities reaffirmed a “buy” rating and issued a $580.00 price target on shares of Domino's Pizza in a research note on Thursday, May 16th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, and eighteen have given a buy rating. According to MarketBeat.com, the company currently has an average rating of a “moderate buy” with a consensus target price of $518.46.

Check out Domino's Pizza's latest report

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: U.S. Stores, International Franchise, and Supply Chain. The company serves pizza under the Domino's brand through company-operated and franchised restaurants.

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Domino's Pizza (NYSE:DPZ) Institutional Holdings by Quarter



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