Domino's Pizza, Inc. (NYSE:DPZ) shares were sold by DL Carlson Investment Group Inc.


DL Carlson Investment Group announced in its latest filing with the SEC that it reduced its holdings in Domino's Pizza (NYSE:DPZ – free report ) by 19.4% during the fourth quarter. The firm now holds 8,779 shares of the restaurant operator's stock, selling 2,119 shares during the quarter. DL Carlson Investment Group's holdings in Domino's Pizza were valued at $3,728,000 as of the latest filing with the SEC.

Other large investors also modified their holdings in the company. Turtle Creek Wealth Advisors purchased a new stake in Domino's Pizza for $25,000 in the fourth quarter. Creative Financial Designs increased its stake in Domino's Pizza by 127.8% in the fourth quarter. Creative Financial Designs now owns 82 shares of the restaurant operator, valued at $34,000, after acquiring an additional 46 shares in the last quarter. Quadrant Capital Group LLC increased its stake in Domino's Pizza by 41.8% in the fourth quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator, valued at $46,000, after acquiring an additional 33 shares in the last quarter. Jones Financial Companies LLP purchased a new stake in Domino's Pizza for $49,000 in the third quarter. Finally, Parkside Financial Bank & Trust increased its holdings in Domino's Pizza by 67.4% during the third quarter. Parkside Financial Bank & Trust now owns 149 shares of the restaurant operator's stock worth $56,000 after acquiring an additional 60 shares in the last quarter. 94.63% of the stock is owned by institutional investors.

Analyst upgrades and downgrades

DPZ has been the subject of several research reports. Barclays increased their price target on Domino's Pizza from $405.00 to $470.00 and gave the stock an “underweight” rating in a research report on Tuesday, April 30th. Evercore ISI increased their price target on Domino's Pizza from $510.00 to $560.00 and gave the stock an “outperform” rating in a research report on Monday, April 8th. Piper Sandler increased their price target on Domino's Pizza from $400.00 to $435.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 27th. JPMorgan Chase reaffirmed a “neutral” rating and set their price target on Domino's Pizza at $430.00 (up from the previous $420.00) in a research report on Tuesday, February 27th. Finally, Benchmark raised their price target on Domino's Pizza from $510.00 to $575.00 and rated the stock a “buy” in a research report on Tuesday, April 30th. One investment analyst has rated the stock as a sell, nine have rated it as a hold, and 19 have rated it as a buy. According to data from MarketBeat.com, the company has a consensus rating of a “moderate buy” and an average price target of $525.66.

Check out the latest Domino's Pizza stock report

Domino's Pizza shares fell 0.9%

NYSE DPZ traded at $524.22, down $4.53 in trading on Friday. 146,073 shares of the company's stock were traded at an average trading volume of 546,588 shares. The company's 50-day simple moving average is $507.84 and its 200-day simple moving average is $455.65. The company has a market cap of $18.28 billion, a P/E ratio of 34.30, a PEG ratio of 2.62 and a beta of 0.85. Domino's Pizza, Inc.'s low in the past 12 months is $313.87 and its high in the past 12 months is $542.75.

Domino's Pizza (NYSE:DPZ – get free report ) last released its quarterly earnings data on Monday, April 29th. The restaurant operator reported $3.58 EPS for the quarter, beating analysts' consensus estimates of $3.46 by $0.12. Domino's Pizza had a negative return on equity of -13.19% and a net margin of 11.90%. The business had quarterly revenue of $1.08 billion, beating analysts' estimates of $1.08 billion. During the same period last year, the company posted earnings per share of $2.93. The company's quarterly revenue was up 5.9% year over year. Equity research analysts expect that Domino's Pizza will post 1.6 EPS 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. Investors of record on Friday, June 14th will be paid a dividend of $1.51 per share. This equates to a dividend of $6.04 on an annualized basis and a yield of 1.15%. The ex-dividend date is Friday, June 14th. Domino's Pizza's Dividend Payout Ratio (DPR) is currently at 39.43%.

Insider trading

In related news, CEO Russell J. Weiner sold 11,780 shares of Domino's Pizza stock in a transaction 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Domino's Pizza news, EVP Cynthia A. Headen 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. With this sale, the Executive Vice President now directly owns 3,910 shares of the company's stock, valued at $2,073,473. The transaction was disclosed in a document filed with the Securities and Exchange Commission, which can be accessed on the SEC's website. Also, CEO Russell J. Weiner sold 11,780 shares of Domino's Pizza stock in a transaction that took place on Monday, April 29th. The shares were sold at an average price of $526.37, for a total value of $6,200,638.60. With this 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 3 months, insiders have sold a total of 12,633 shares of the company's stock for $6,649,181. 0.76% of the stock is owned by company insiders.

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.

reference

Want to see if other hedge funds hold 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 (NYSE:DPZ) Institutional Holdings by Quarter

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