Czech National Bank Boosts Stock Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Czech National Bank boosted its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 5.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,931 shares of the restaurant operator’s stock after purchasing an additional 443 shares during the period. Czech National Bank’s holdings in Domino’s Pizza were worth $3,644,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of DPZ. Berkshire Hathaway Inc lifted its stake in Domino’s Pizza by 86.5% in the fourth quarter. Berkshire Hathaway Inc now owns 2,382,000 shares of the restaurant operator’s stock valued at $999,868,000 after purchasing an additional 1,104,744 shares during the last quarter. Norges Bank purchased a new stake in shares of Domino’s Pizza during the fourth quarter worth $250,571,000. GAMMA Investing LLC lifted its position in shares of Domino’s Pizza by 53,740.4% during the first quarter. GAMMA Investing LLC now owns 260,049 shares of the restaurant operator’s stock worth $119,480,000 after acquiring an additional 259,566 shares in the last quarter. Invesco Ltd. lifted its position 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 acquiring an additional 191,752 shares in the last quarter. Finally, Freestone Grove Partners LP purchased a new stake in shares of Domino’s Pizza during the fourth quarter worth $56,647,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Down 0.3%

DPZ opened at $464.53 on Wednesday. The stock has a market cap of $15.91 billion, a PE ratio of 28.53, a P/E/G ratio of 2.47 and a beta of 1.11. Domino’s Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $538.44. The business’s fifty day simple moving average is $473.03 and its 200 day simple moving average is $458.22.

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

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $1.74 dividend. The ex-dividend date is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a yield of 1.50%. Domino’s Pizza’s dividend payout ratio is presently 39.91%.

Analyst Ratings Changes

Several research firms have issued reports on DPZ. Wedbush restated an “outperform” rating and set a $500.00 target price on shares of Domino’s Pizza in a research report on Tuesday, February 25th. Guggenheim restated a “neutral” rating on shares of Domino’s Pizza in a research report on Thursday, May 15th. BMO Capital Markets increased their target price on Domino’s Pizza from $515.00 to $540.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 29th. Wells Fargo & Company increased their target price on Domino’s Pizza from $445.00 to $465.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 29th. Finally, Barclays dropped their target price on Domino’s Pizza from $425.00 to $420.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $498.50.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, CFO Reddy Sandeep sold 1,077 shares of the company’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total transaction of $477,326.40. Following the completion of the sale, the chief financial officer now directly owns 8,081 shares in the company, valued at $3,581,499.20. This represents a 11.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Kelly E. Garcia sold 2,104 shares of the company’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total transaction of $917,933.12. Following the sale, the executive vice president now owns 5,699 shares of the company’s stock, valued at approximately $2,486,359.72. The trade was a 26.96% 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 over the last three months. Company insiders own 0.83% of the company’s stock.

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.