Mather Group LLC. Sells 263 Shares of Domino’s Pizza Inc (NASDAQ:DPZ)

Mather Group LLC. reduced its stake in Domino’s Pizza Inc (NASDAQ:DPZ) by 24.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 797 shares of the restaurant operator’s stock after selling 263 shares during the quarter. Mather Group LLC.’s holdings in Domino’s Pizza were worth $366,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of DPZ. Wood Tarver Financial Group LLC purchased a new position in Domino’s Pizza during the fourth quarter valued at approximately $25,000. Alpine Bank Wealth Management bought a new stake in shares of Domino’s Pizza during the 1st quarter valued at $25,000. Brown Brothers Harriman & Co. lifted its stake in shares of Domino’s Pizza by 1,016.7% during the 4th 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 in the last quarter. Covestor Ltd lifted its stake in shares of Domino’s Pizza by 158.1% during the 4th quarter. Covestor Ltd now owns 80 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 49 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Domino’s Pizza by 40.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock worth $38,000 after buying an additional 26 shares during the period. 94.63% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Morgan Stanley raised their price target on Domino’s Pizza from $492.00 to $510.00 and gave the company an “overweight” rating in a report on Tuesday, April 29th. Barclays decreased their target price on Domino’s Pizza from $425.00 to $420.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 30th. Loop Capital boosted their price target on Domino’s Pizza from $555.00 to $564.00 and gave the stock a “buy” rating in a report on Tuesday, April 29th. Robert W. Baird increased their price objective on shares of Domino’s Pizza from $500.00 to $535.00 and gave the company an “outperform” rating in a report on Wednesday, April 23rd. Finally, BMO Capital Markets lifted their price objective on shares of Domino’s Pizza from $515.00 to $540.00 and gave the company an “outperform” rating in a research report on Tuesday, April 29th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $487.17.

Domino’s Pizza Stock Performance

NASDAQ:DPZ opened at $456.00 on Friday. The firm has a market capitalization of $15.61 billion, a PE ratio of 26.15, a PEG ratio of 2.58 and a beta of 1.09. The stock’s fifty day moving average is $470.41 and its 200 day moving average is $457.61. Domino’s Pizza Inc has a fifty-two week low of $396.06 and a fifty-two week high of $509.09.

Domino’s Pizza (NASDAQ:DPZ) last announced its earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share for the quarter, beating the consensus estimate of $4.12 by $0.21. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. Domino’s Pizza had a net margin of 12.84% and a negative return on equity of 15.45%. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.58 earnings per share. Equities analysts forecast that Domino’s Pizza Inc will post 16.74 EPS for the current year.

Domino’s Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were given a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date was Friday, June 13th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 39.91%.

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.