LRT Capital Management LLC Buys Shares of 936 Domino’s Pizza, Inc. (NYSE:DPZ)

LRT Capital Management LLC bought a new stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) during the 4th quarter, Holdings Channel.com reports. The fund bought 936 shares of the restaurant operator’s stock, valued at approximately $386,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. CWM LLC boosted its position in Domino’s Pizza by 9.7% during the 4th quarter. CWM LLC now owns 1,177 shares of the restaurant operator’s stock valued at $485,000 after acquiring an additional 104 shares in the last quarter. Robbins Farley boosted its position in Domino’s Pizza by 2.0% during the 4th quarter. Robbins Farley now owns 6,699 shares of the restaurant operator’s stock valued at $2,762,000 after acquiring an additional 129 shares in the last quarter. abrdn plc boosted its position in Domino’s Pizza by 56.9% during the 4th quarter. abrdn plc now owns 18,575 shares of the restaurant operator’s stock valued at $7,657,000 after acquiring an additional 6,735 shares in the last quarter. Lafayette Investments Inc. boosted its position in Domino’s Pizza by 41.8% during the 4th quarter. Lafayette Investments Inc. now owns 791 shares of the restaurant operator’s stock valued at $326,000 after acquiring an additional 233 shares in the last quarter. Finally, Fidelis Capital Partners LLC bought a new stake in Domino’s Pizza during the 4th quarter valued at $234,000. Institutional investors own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $430.00 price objective (up previously from $420.00) on shares of Domino’s Pizza in a report on Tuesday, February 27th. Barclays increased their price objective on Domino’s Pizza from $346.00 to $405.00 and gave the company an “underweight” rating in a report on Tuesday, February 27th. Argus upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and set a $530.00 price objective for the company in a report on Tuesday, February 27th. Oppenheimer reiterated an “outperform” rating and set a $470.00 price objective on shares of Domino’s Pizza in a report on Thursday, February 22nd. Finally, Evercore ISI increased their price objective on Domino’s Pizza from $510.00 to $560.00 and gave the company an “outperform” rating in a report on Monday, April 8th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $460.90.

Insider Buying and Selling

In related news, EVP Cynthia A. Headen sold 768 shares of Domino’s Pizza 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 sale, the executive vice president now directly owns 4,103 shares in the company, valued at approximately $1,852,586.56. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, EVP Cynthia A. Headen sold 768 shares of the business’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 transaction of $346,767.36. Following the transaction, the executive vice president now directly owns 4,103 shares in the company, valued at approximately $1,852,586.56. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Cynthia A. Headen sold 108 shares of the business’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total value of $53,468.64. Following the transaction, the executive vice president now owns 3,910 shares in the company, valued at $1,935,762.80. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by insiders.

Domino’s Pizza Stock Down 1.7 %

Shares of NYSE:DPZ traded down $8.11 during trading on Friday, reaching $473.55. 590,272 shares of the company’s stock traded hands, compared to its average volume of 584,993. Domino’s Pizza, Inc. has a fifty-two week low of $285.84 and a fifty-two week high of $508.44. The firm has a market cap of $16.49 billion, a PE ratio of 32.28, a P/E/G ratio of 2.47 and a beta of 0.86. The company has a 50-day simple moving average of $460.83 and a 200-day simple moving average of $414.46.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Monday, February 26th. The restaurant operator reported $4.48 EPS for the quarter, beating analysts’ consensus estimates of $4.38 by $0.10. Domino’s Pizza had a negative return on equity of 12.56% and a net margin of 11.59%. The firm had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same period last year, the firm earned $4.43 EPS. The company’s quarterly revenue was up .8% on a year-over-year basis. On average, equities research analysts forecast that Domino’s Pizza, Inc. will post 15.72 EPS for the current year.

Domino’s Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.28%. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.21. The ex-dividend date was Thursday, March 14th. Domino’s Pizza’s payout ratio is presently 41.17%.

Domino’s Pizza Profile

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.