Virtu Financial LLC Invests $560,000 in Domino's Pizza, Inc. (NASDAQ:DPZ)

Virtu Financial LLC bought a new stake in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,334 shares of the restaurant operator's stock, valued at approximately $560,000.

Several other institutional investors have also recently made changes to their positions in the company. FMR LLC grew its stake in Domino's Pizza by 16.3% in the 3rd quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator's stock worth $941,936,000 after acquiring an additional 307,528 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Domino's Pizza by 1.3% in the fourth quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator's stock valued at $708,498,000 after purchasing an additional 21,705 shares during the period. Berkshire Hathaway Inc bought a new position in Domino's Pizza in the third quarter worth approximately $549,399,000. Bank of New York Mellon Corp increased its holdings in Domino's Pizza by 3.4% during the 4th quarter. Bank of New York Mellon Corp now owns 267,046 shares of the restaurant operator's stock worth $112,095,000 after purchasing an additional 8,753 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in Domino's Pizza by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator's stock valued at $98,545,000 after purchasing an additional 2,201 shares in the last quarter. Institutional investors own 94.63% of the company's stock.

Insiders Place Their Bets

In other Domino's Pizza news, CFO Reddy Sandeep sold 1,077 shares of the company's stock in a transaction on 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 transaction, the chief financial officer now directly owns 8,081 shares in the company, valued at approximately $3,581,499.20. This represents a 11.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Kevin Scott Morris sold 5,416 shares of Domino's Pizza stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the completion of the sale, the executive vice president now owns 793 shares in the company, valued at approximately $346,541. This trade represents a 87.23 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,597 shares of company stock worth $3,762,052. 0.76% of the stock is owned by corporate insiders.

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Domino's Pizza Stock Performance

Shares of DPZ traded down $24.16 during trading hours on Friday, hitting $447.12. The stock had a trading volume of 790,069 shares, compared to its average volume of 621,065. The firm has a 50-day moving average price of $459.46 and a 200 day moving average price of $441.24. Domino's Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $542.75. The firm has a market capitalization of $15.33 billion, a price-to-earnings ratio of 27.46, a PEG ratio of 2.47 and a beta of 1.06.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 earnings per share for the quarter, missing analysts' consensus estimates of $4.93 by ($0.04). Domino's Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.47 billion. During the same period in the previous year, the firm posted $4.48 EPS. The firm's quarterly revenue was up 2.9% on a year-over-year basis. As a group, analysts predict that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino's Pizza Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a $1.74 dividend. This is a boost from Domino's Pizza's previous quarterly dividend of $1.51. The ex-dividend date was Friday, March 14th. This represents a $6.96 dividend on an annualized basis and a yield of 1.56%. Domino's Pizza's dividend payout ratio is presently 41.70%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on DPZ shares. Barclays lifted their price objective on Domino's Pizza from $402.00 to $420.00 and gave the company an "underweight" rating in a report on Tuesday, February 25th. Citigroup boosted their price target on shares of Domino's Pizza from $440.00 to $520.00 and gave the company a "neutral" rating in a report on Wednesday, February 19th. TD Cowen reiterated a "buy" rating and set a $490.00 price objective on shares of Domino's Pizza in a research note on Monday, February 24th. Stephens reissued an "equal weight" rating and issued a $440.00 price objective on shares of Domino's Pizza in a research note on Monday, March 3rd. Finally, Benchmark restated a "buy" rating and set a $520.00 target price on shares of Domino's Pizza in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $503.41.

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.