Prudential PLC acquires 2,377 shares of Domino's Pizza (NYSE:DPZ)



Prudential PLC increased its holdings in Domino's Pizza (NYSE:DPZ – free report ) by 169.3% during the fourth quarter, according to the latest filing with the SEC. The institutional investor bought an additional 2,377 shares during the period, giving it a total holdings of 3,781 shares of the restaurant operator's stock. Prudential PLC's holdings in Domino's Pizza were worth $1,559,000 as of the latest filing with the SEC.

Other hedge funds and institutional investors have also recently added to or reduced shares in the company. CWM LLC increased its holdings in Domino's Pizza by 9.7% in the fourth quarter. CWM LLC now owns 1,177 shares of the restaurant operator's stock valued at $485,000. It purchased an additional 104 shares in the last quarter. Tritonpoint Wealth LLC purchased a new stake in Domino's Pizza in the fourth quarter valued at approximately $1,980,000. Nisa Investment Advisors LLC increased its holdings in Domino's Pizza by 353.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 4,091 shares of the restaurant operator's stock valued at $1,686,000. It acquired an additional 3,189 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in Domino's Pizza by 0.8% in the fourth quarter. Steward Partners Investment Advisory LLC now holds 5,007 shares of the restaurant operator's stock, valued at $2,064,000, after acquiring an additional 39 shares in the last quarter. Finally, International Assets Investment Management LLC increased its holdings in Domino's Pizza by 39,287.9% in the fourth quarter. International Assets Investment Management LLC now holds 499,438 shares of the restaurant operator's stock, valued at $205,883,000, after acquiring an additional 498,170 shares in the last quarter. 94.63% of the stock is owned by institutional investors.

Wall Street analysts predict growth

Several analysts have recently commented on DPZ stock. 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 report on Tuesday, April 30th. TD Securities reaffirmed their “buy” rating and set a $580.00 price target on Domino's Pizza in a research report on Thursday, May 16th. Wedbush reaffirmed their “outperform” rating and set a $520.00 price target on Domino's Pizza in a research report on Friday, April 26th. Wells Fargo & Company increased their price target on Domino's Pizza from $475.00 to $525.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 30th. Finally, TD Cowen reiterated a “buy” rating and a $550.00 price target on shares of Domino's Pizza in a research report on Monday, April 29th. 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 data from MarketBeat.com, Domino's Pizza currently has a “moderate buy” consensus rating with a consensus target price of $518.46.

View the latest stock analysis for Domino's Pizza

Domino's Pizza shares fell 0.0%

DPZ shares opened trading at $513.55 on Monday. The company's 50-day moving average price is $505.15 and its 200-day moving average price is $452.38. Domino's Pizza's 12-month low is $294.65 and its high is $542.75. The company has a market cap of $17.91 billion, a P/E ratio of 33.52, a price-to-earnings growth ratio of 2.53 and a beta of 0.85.

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 (EPS) for the quarter, beating the market consensus estimate of $3.46 by $0.12. Domino's return on equity was -13.19%, while net margin was 11.90%. The company had revenue of $1.08 billion for the quarter, compared to analyst expectations of $1.08 billion. During the same period last year, the company posted earnings per share of $2.93. The company's revenue grew 5.9% year-over-year. Research analysts expect Domino's Pizza to post EPS of 1.6 for the current fiscal 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 per share, which equates to an annualized dividend of $6.04, or a yield of 1.18%. The ex-dividend date is Friday, June 14th. Domino's Pizza's Dividend Payout Ratio (DPR) is currently 39.43%.

Insiders bet

In other 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. The transaction now makes the executive vice president owning 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 through this link. In other news, EVP Cynthia A. Hedden sold 768 shares of Domino's Pizza 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. Following this transaction, the Executive Vice President now owns 4,103 shares of the company's stock, valued at $1,852,586.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Additionally, Executive Vice President, Cynthia A. Headen 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 completion of the transaction, the Executive Vice President now owns 3,910 shares of the company's stock, valued at approximately $1,935,762.80. 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. Insiders own 0.81% of the company's shares.

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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