Orion Portfolio Solutions LLC buys shares of Domino's Pizza, Inc. (NYSE:DPZ)



Orion Portfolio Solutions LLC increased its holdings in Domino's Pizza (NYSE:DPZ – free report ) by 6.8% during the fourth quarter, according to the latest 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought an additional 376 shares during the quarter, giving it a total holding of 5,871 shares of the restaurant operator's stock. At the end of the most recent quarter, Orion Portfolio Solutions LLC's holdings in Domino's Pizza were valued at $2.364 million.

A number of other institutional investors have also recently added to or reduced their holdings of the company's stock. Capital Investment Advisors increased its holdings in Domino's Pizza by 1.1% in the fourth quarter. Capital Investment Advisors now owns 2,225 shares of the company valued at $917,000 after purchasing an additional 25 shares in the last quarter. WealthSource Partners increased its holdings in Domino's Pizza by 2.0% in the fourth quarter. WealthSource Partners now owns 1,284 shares of the company valued at $529,000 after purchasing an additional 25 shares in the last quarter. Tokio Marine Asset Management increased its holdings in Domino's Pizza by 2.9% in the fourth quarter. Tokio Marine Asset Management now owns 934 shares of the restaurant operator's stock valued at $385,000 after purchasing an additional 26 shares in the last quarter. Freedom Day Solutions increased its holdings in Domino's Pizza by 0.6% in the fourth quarter. Freedom Day Solutions now owns 5,177 shares of the restaurant operator's stock valued at $2.134 million after purchasing an additional 32 shares in the last quarter. Finally, Quadrant Capital Group LLC increased its holdings in Domino's Pizza by 41.8% in the fourth quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator's stock valued at $46,000 after purchasing an additional 33 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company's stock.

Domino's Pizza insider trading

In related news, Executive Vice President, Cynthia A. Heeden sold 108 shares of the company's 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 value of $53,468.64. Following the completion of the sale, 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 document filed with the SEC, which can be accessed on the SEC's website. In related news, Executive Vice President, Cynthia A. Heeden sold 108 shares of the company's 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 value of $53,468.64.Following the completion of the sale, 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 document filed with the SEC, which can be accessed on the SEC's website. Additionally, the CEO, Russell J. Weiner sold 11,780 shares of the stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $526.37, for a total transaction value of $6,200,638.60. Following the sale, the CEO now directly owns 32,001 shares of the company's stock, valued at $16,844,366.37. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,401 shares of the company's stock for $6,995,948. Company insiders own 0.76% of the company's shares.

Wall Street analysts predict growth

A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus increased their price target on Domino's Pizza from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Deutsche Bank increased their price target on Domino's Pizza from $555.00 to $580.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. Evercore ISI increased their price target on Domino's Pizza from $510.00 to $560.00 and gave the company an “outperform” rating in a research note on Monday, April 8th. HSBC increased their price target on Domino's Pizza from $507.00 to $583.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. Finally, Benchmark boosted their price target on Domino's Pizza from $510.00 to $575.00 and gave the company a “buy” rating in a research note on Tuesday, April 30. One 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 data, the stock has an average rating of a “moderate buy” and an average price target of $518.46.

Read the latest stock report on DPZ

Domino's Pizza shares rose 0.2%

NYSE:DPZ shares opened trading at $510.32 on Thursday. The company's 50-day moving average is $500.00 and its 200-day moving average is $444.93. The company has a market cap of $17.8 billion, a P/E ratio of 33.31, a P/G ratio of 2.51 and a beta of 0.83. Domino's Pizza, Inc.'s low over the past 12 months is $285.84 and its high over the past 12 months is $542.75.

Domino's Pizza (NYSE:DPZ – get free report ) announced its quarterly earnings on Monday, April 29th. The restaurant operator reported $3.58 earnings per share for the quarter, beating analysts' consensus estimates of $3.46 by $0.12. The company's quarterly revenue was $1.08 billion, beating analysts' estimates of $1.08 billion. Domino's had a net margin of 11.90% and a return on equity of -13.19%. The company's quarterly revenue grew 5.9% year over year. Earnings per share in the same period last year were $2.93. Equity research analysts expect Domino's Pizza to post earnings of $16 per share this year.

Domino's Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which is scheduled to be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a dividend of $1.51. This equates to an annualized dividend of $6.04, or 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%.

Domino's Pizza Company Profile

(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.

Feature Articles

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



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