Amalgamated Bank Has $2.88 Million Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

Amalgamated Bank decreased its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 7.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,849 shares of the restaurant operator's stock after selling 562 shares during the period. Amalgamated Bank's holdings in Domino's Pizza were worth $2,875,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Berkshire Hathaway Inc acquired a new stake in Domino's Pizza in the 3rd quarter valued at about $549,399,000. FMR LLC grew its stake in shares of Domino's Pizza by 16.3% during the third quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator's stock valued at $941,936,000 after purchasing an additional 307,528 shares during the last quarter. Champlain Investment Partners LLC acquired a new stake in shares of Domino's Pizza in the third quarter valued at approximately $99,352,000. Vaughan Nelson Investment Management L.P. acquired a new position in Domino's Pizza during the 4th quarter worth $41,701,000. Finally, Jennison Associates LLC boosted its position in Domino's Pizza by 75.3% in the 3rd quarter. Jennison Associates LLC now owns 214,473 shares of the restaurant operator's stock valued at $92,253,000 after buying an additional 92,137 shares during the last quarter. Institutional investors own 94.63% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Stephens reiterated an "equal weight" rating and issued a $440.00 price target on shares of Domino's Pizza in a report on Monday. Robert W. Baird reduced their target price on shares of Domino's Pizza from $545.00 to $510.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 25th. Argus downgraded shares of Domino's Pizza from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Barclays lifted their target price on shares of Domino's Pizza from $402.00 to $420.00 and gave the stock an "underweight" rating in a report on Tuesday, February 25th. Finally, Loop Capital cut their price target on Domino's Pizza from $559.00 to $555.00 and set a "buy" rating on the stock in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $503.41.

Domino's Pizza Stock Performance

Domino's Pizza stock traded down $5.59 during mid-day trading on Wednesday, reaching $476.18. The company's stock had a trading volume of 660,552 shares, compared to its average volume of 596,327. Domino's Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75. The business's 50 day simple moving average is $447.99 and its 200 day simple moving average is $437.05. The company has a market capitalization of $16.33 billion, a price-to-earnings ratio of 29.25, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) 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 company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same period in the prior year, the firm posted $4.48 EPS. Domino's Pizza's revenue was up 2.9% compared to the same quarter last year. As a group, sell-side analysts expect that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a yield of 1.46%. This is an increase from Domino's Pizza's previous quarterly dividend of $1.51. The ex-dividend date is Friday, March 14th. Domino's Pizza's payout ratio is presently 41.70%.

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.