Steward Partners Investment Advisory LLC acquires 39 shares of Domino's Pizza (NYSE:DPZ)



Steward Partners Investment Advisory LLC increased its holdings in Domino's Pizza, Inc. (NYSE:DPZ – free report ) by 0.8% during the fourth quarter, according to the latest filing with the Securities and Exchange Commission. The institutional investor bought an additional 39 shares during the period, giving it a holding of 5,007 shares of the restaurant operator's stock. Steward Partners Investment Advisory LLC's holdings in Domino's Pizza were worth $2,064,000 as of the latest filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares in Domino's Pizza. Norges Bank bought a new stake in Domino's Pizza in the fourth quarter, valued at approximately $208.604 million. International Asset Investment Management LLC increased its stake 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 million, after purchasing an additional 498,170 shares in the last quarter. FMR LLC increased its stake 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 million, after purchasing an additional 197,413 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in Domino's Pizza during the third quarter, valued at approximately $73,757,000. Finally, Schonfeld Strategic Advisors LLC increased its holdings in Domino's Pizza by 505.0% during the third quarter. Schonfeld Strategic Advisors LLC now owns 205,367 shares of the restaurant operator's stock, valued at $77,791,000, after acquiring an additional 171,422 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company's stock.

Wall Street analysts predict growth

DPZ has been the subject of several analyst reports. Argus increased their price target on Domino's Pizza from $580.00 to $600.00 and gave the company a “buy” rating in a research report on Tuesday, April 30th. Evercore ISI raised their price target on Domino's Pizza from $510.00 to $560.00 and gave the stock an “outperform” rating in a research note on Monday, April 8th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and raised their price target on Domino's Pizza from $420.00 to $430.00 in a research note on Tuesday, February 27th. TD Securities reaffirmed a “buy” rating and raised their price target on Domino's Pizza to $580.00 in a research note on Thursday, May 16th. Finally, BTIG Research boosted their price target on Domino's Pizza from $515.00 to $580.00 and gave the company a “buy” rating in a research note on Tuesday, April 30. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, and eighteen have given a buy rating. Based on data from MarketBeat.com, the company has an average rating of a “moderate buy” and a consensus price target of $518.46.

Read the latest report on DPZ

Insiders bet

In other Domino's Pizza news, EVP Cynthia A. Hedden 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 value of $346,767.36. With this transaction, the Executive Vice President now directly owns 4,103 shares of the company's stock, valued at $1,852,586.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Domino's Pizza news, EVP Cynthia A. Hedden sold 108 shares of Domino's Pizza stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total value of $53,468.64. Following the transaction, the Executive Vice President now directly owns 3,910 shares of the company's stock, valued at $1,935,762.80. The sale was disclosed in a legal filing with the Securities and Exchange Commission, available on the SEC's website. 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 transaction, the Executive Vice President now owns 4,103 shares of the company's stock, valued at $1,852,586.56. The disclosure for this sale can be found here. In the last 90 days, insiders have sold a total of 13,401 shares of the company's stock, valued at $6,995,948. 0.76% of the stock is owned by insiders.

Domino's Pizza shares fell 0.1%

DPZ shares opened trading at $508.58 on Friday. The stock has a market cap of $17.74 billion, a P/E ratio of 33.20, a P/G ratio of 2.51 and a beta of 0.83. Domino's Pizza's 52-week low is $285.84 and its 52-week high is $542.75. The company's 50-day simple moving average is $502.05 and its 200-day simple moving average is $446.75.

Domino's Pizza (NYSE:DPZ – get free report ) last released its quarterly earnings data on Monday, April 29th. The restaurant operator reported quarterly EPS of $3.58, beating the consensus estimate of $3.46 by $0.12. The company's quarterly revenue was $1.08 billion, beating analyst expectations of $1.08 billion. Domino's return on equity was -13.19%, while net margin was 11.90%. Domino's quarterly revenue grew 5.9% year-over-year. EPS during the same period last year was $2.93. Analysts, on average, expect Domino's to post earnings per share of $16 this year.

Domino's Pizza announces dividend

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. The ex-dividend date is Friday, June 14th. This equates to a dividend of $6.04 on an annualized basis, or a yield of 1.19%. 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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