Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Acquired by Benjamin Edwards Inc.

Benjamin Edwards Inc. boosted its holdings in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 21.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,255 shares of the restaurant operator’s stock after acquiring an additional 571 shares during the period. Benjamin Edwards Inc.’s holdings in Domino’s Pizza were worth $1,366,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of DPZ. Sherman Asset Management Inc. acquired a new position in Domino’s Pizza in the 4th quarter valued at about $25,000. Brown Brothers Harriman & Co. raised its position in shares of Domino’s Pizza by 1,016.7% in the fourth quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 61 shares during the last quarter. Covestor Ltd lifted its stake in shares of Domino’s Pizza by 158.1% during the fourth quarter. Covestor Ltd now owns 80 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 49 shares during the period. EverSource Wealth Advisors LLC boosted its position in Domino’s Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock worth $38,000 after acquiring an additional 26 shares during the last quarter. Finally, Lee Danner & Bass Inc. purchased a new stake in Domino’s Pizza in the 4th quarter worth approximately $42,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

DPZ stock opened at $476.82 on Thursday. The firm has a fifty day moving average price of $464.37 and a two-hundred day moving average price of $451.23. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $538.44. The firm has a market cap of $16.33 billion, a price-to-earnings ratio of 29.29, a PEG ratio of 2.47 and a beta of 1.15.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 earnings per share for the quarter, topping the consensus estimate of $4.12 by $0.21. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the prior year, the business earned $3.58 earnings per share. Domino’s Pizza’s quarterly revenue was up 2.5% on a year-over-year basis. As a group, analysts expect that Domino’s Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $1.74 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a yield of 1.46%. Domino’s Pizza’s dividend payout ratio is currently 39.91%.

Insider Buying and Selling

In other news, EVP Kevin Scott Morris sold 5,416 shares of Domino’s Pizza stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the sale, the executive vice president now owns 793 shares of the company’s stock, valued at approximately $346,541. The trade was a 87.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Reddy Sandeep sold 1,077 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total value of $477,326.40. Following the completion of the transaction, the chief financial officer now directly owns 8,081 shares of the company’s stock, valued at $3,581,499.20. This trade represents a 11.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,996 shares of company stock worth $3,946,461 in the last three months. 0.83% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on DPZ shares. Barclays decreased their price objective on Domino’s Pizza from $425.00 to $420.00 and set an “underweight” rating on the stock in a report on Wednesday, April 30th. BTIG Research set a $530.00 price target on Domino’s Pizza and gave the company a “buy” rating in a report on Monday, April 28th. Wedbush reiterated an “outperform” rating and set a $500.00 price objective on shares of Domino’s Pizza in a report on Tuesday, February 25th. BMO Capital Markets boosted their target price on shares of Domino’s Pizza from $515.00 to $540.00 and gave the company an “outperform” rating in a report on Tuesday, April 29th. Finally, Bank of America increased their price target on shares of Domino’s Pizza from $520.00 to $549.00 and gave the stock a “buy” rating in a research note on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $498.50.

Domino’s Pizza Company 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.