Axa S.A. Has $263,000 Stake in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Axa S.A. lessened its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 28.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 627 shares of the restaurant operator’s stock after selling 251 shares during the period. Axa S.A.’s holdings in Domino’s Pizza were worth $263,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of DPZ. Norges Bank bought a new stake in shares of Domino’s Pizza during the 4th quarter worth about $250,571,000. Invesco Ltd. increased its stake in shares of Domino’s Pizza by 46.0% during the fourth quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator’s stock worth $255,649,000 after purchasing an additional 191,752 shares during the period. Freestone Grove Partners LP acquired a new stake in Domino’s Pizza during the 4th quarter worth approximately $56,647,000. Vaughan Nelson Investment Management L.P. bought a new stake in Domino’s Pizza in the 4th quarter valued at $41,701,000. Finally, Geode Capital Management LLC grew its holdings in Domino’s Pizza by 10.7% in the 4th quarter. Geode Capital Management LLC now owns 955,160 shares of the restaurant operator’s stock valued at $403,203,000 after buying an additional 92,389 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Domino’s Pizza

In related news, CFO Reddy Sandeep sold 1,077 shares of the business’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total value of $477,326.40. Following the transaction, the chief financial officer now owns 8,081 shares in the company, valued at $3,581,499.20. The trade was a 11.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kevin Scott Morris sold 5,416 shares of the stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $437.00, for a total value 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 disclosure for this sale can be found here. In the last quarter, insiders have sold 8,996 shares of company stock worth $3,946,461. Insiders own 0.83% of the company’s stock.

Domino’s Pizza Price Performance

Domino’s Pizza stock opened at $479.37 on Friday. The business has a 50 day moving average of $464.18 and a 200-day moving average of $452.10. The company has a market capitalization of $16.41 billion, a P/E ratio of 29.45, a P/E/G ratio of 2.47 and a beta of 1.15. Domino’s Pizza, Inc. has a 1 year low of $396.06 and a 1 year high of $538.44.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $0.21. The firm had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The company’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $3.58 EPS. Equities analysts anticipate that Domino’s Pizza, Inc. will post 16.74 EPS for the current year.

Domino’s Pizza Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $1.74 per share. This represents a $6.96 annualized dividend and a yield of 1.45%. The ex-dividend date is Friday, June 13th. Domino’s Pizza’s payout ratio is presently 39.91%.

Wall Street Analysts Forecast Growth

DPZ has been the subject of a number of recent research reports. Citigroup boosted their target price on shares of Domino’s Pizza from $480.00 to $500.00 and gave the company a “neutral” rating in a research report on Tuesday, April 29th. Loop Capital boosted their price objective on shares of Domino’s Pizza from $555.00 to $564.00 and gave the company a “buy” rating in a report on Tuesday, April 29th. TD Securities reaffirmed a “buy” rating and set a $490.00 target price on shares of Domino’s Pizza in a report on Monday, April 28th. Bank of America boosted their price target on Domino’s Pizza from $520.00 to $549.00 and gave the company a “buy” rating in a research note on Tuesday, April 29th. Finally, Guggenheim lifted their price objective on Domino’s Pizza from $450.00 to $460.00 and gave the company a “neutral” rating in a report on Tuesday, April 22nd. One investment 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $498.50.

About Domino’s Pizza

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.