BI Asset Management Fondsmaeglerselskab A S Grows Stake in Domino’s Pizza, Inc. (NYSE:DPZ)

BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of Domino’s Pizza, Inc. (NYSE:DPZFree Report) by 50.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,190 shares of the restaurant operator’s stock after purchasing an additional 398 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Domino’s Pizza were worth $491,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Turtle Creek Wealth Advisors LLC acquired a new position in shares of Domino’s Pizza during the 4th quarter worth $25,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of Domino’s Pizza by 127.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock valued at $34,000 after purchasing an additional 46 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in shares of Domino’s Pizza in the third quarter valued at about $39,000. Quadrant Capital Group LLC grew its position in shares of 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 during the last quarter. Finally, Jones Financial Companies Lllp purchased a new position in shares of Domino’s Pizza during the 3rd quarter worth approximately $49,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Stephens upped their target price on Domino’s Pizza from $479.00 to $513.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 30th. Wells Fargo & Company boosted their price target on Domino’s Pizza from $475.00 to $525.00 and gave the company an “equal weight” rating in a report on Tuesday, April 30th. Stifel Nicolaus raised their price objective on Domino’s Pizza from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. HSBC lifted their price objective 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. Finally, Piper Sandler increased their target price 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. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eighteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $518.46.

Check Out Our Latest Report on Domino’s Pizza

Insider Transactions at Domino’s Pizza

In related news, EVP Cynthia A. Headen sold 768 shares of the stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $451.52, for a total 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 768 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $451.52, for a total value of $346,767.36. Following the transaction, the executive vice president now directly owns 4,103 shares of the company’s stock, valued at approximately $1,852,586.56. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 value of $6,200,638.60. Following the transaction, the chief executive officer now owns 32,001 shares of the company’s stock, valued at $16,844,366.37. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,401 shares of company stock valued at $6,995,948. 0.76% of the stock is currently owned by insiders.

Domino’s Pizza Stock Down 1.9 %

NYSE DPZ opened at $502.13 on Friday. Domino’s Pizza, Inc. has a fifty-two week low of $285.84 and a fifty-two week high of $542.75. The business has a 50 day moving average price of $495.14 and a two-hundred day moving average price of $440.70. The stock has a market cap of $17.51 billion, a PE ratio of 32.78, a P/E/G ratio of 2.52 and a beta of 0.83.

Domino’s Pizza (NYSE:DPZGet Free Report) last announced its earnings results on Monday, April 29th. The restaurant operator reported $3.58 earnings per share for the quarter, beating the consensus estimate of $3.46 by $0.12. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.08 billion. Domino’s Pizza had a net margin of 11.90% and a negative return on equity of 13.19%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.93 earnings per share. Sell-side analysts anticipate that Domino’s Pizza, Inc. will post 16 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a dividend of $1.51 per share. The ex-dividend date is Friday, June 14th. This represents a $6.04 annualized dividend and a dividend yield of 1.20%. Domino’s Pizza’s dividend payout ratio is presently 39.43%.

Domino’s Pizza 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. It offers pizzas under the Domino's brand name through company-owned and franchised stores.

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

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