Andra AP fonden Has $19.56 Million Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

Andra AP fonden trimmed its stake in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 7.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,600 shares of the restaurant operator's stock after selling 3,979 shares during the quarter. Andra AP fonden owned about 0.13% of Domino's Pizza worth $19,561,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. E Fund Management Co. Ltd. bought a new stake in shares of Domino's Pizza during the 4th quarter worth about $477,000. HS Management Partners LLC lifted its position in Domino's Pizza by 11.6% during the fourth quarter. HS Management Partners LLC now owns 96,140 shares of the restaurant operator's stock worth $40,356,000 after acquiring an additional 10,010 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Domino's Pizza during the fourth quarter worth approximately $32,592,000. Arizona State Retirement System grew its position in shares of Domino's Pizza by 0.4% in the fourth quarter. Arizona State Retirement System now owns 10,031 shares of the restaurant operator's stock valued at $4,211,000 after purchasing an additional 38 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new position in shares of Domino's Pizza during the fourth quarter worth approximately $15,724,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on the company. BMO Capital Markets boosted their price target on Domino's Pizza from $500.00 to $515.00 and gave the company an "outperform" rating in a research note on Tuesday, February 25th. Benchmark reiterated a "buy" rating and issued a $520.00 price target on shares of Domino's Pizza in a research report on Tuesday, February 25th. TD Securities reissued a "buy" rating and set a $490.00 price target on shares of Domino's Pizza in a research report on Monday, February 24th. Stephens restated an "equal weight" rating and set a $440.00 price objective on shares of Domino's Pizza in a research note on Monday, March 3rd. Finally, Wedbush reiterated an "outperform" rating and set a $500.00 target price on shares of Domino's Pizza in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Domino's Pizza presently has a consensus rating of "Moderate Buy" and a consensus price target of $503.41.

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Domino's Pizza Stock Down 2.2 %

Domino's Pizza stock traded down $9.47 during trading hours on Tuesday, hitting $430.56. The stock had a trading volume of 865,669 shares, compared to its average volume of 601,787. The business's 50 day simple moving average is $450.17 and its 200-day simple moving average is $437.93. Domino's Pizza, Inc. has a one year low of $396.06 and a one year high of $542.75. The stock has a market cap of $14.77 billion, a price-to-earnings ratio of 26.45, a P/E/G ratio of 2.47 and a beta of 1.06.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter last year, the business earned $4.48 EPS. The firm's quarterly revenue was up 2.9% compared to the same quarter last year. Research analysts anticipate 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 will be paid on Friday, March 28th. Stockholders 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 dividend yield of 1.62%. The ex-dividend date is Friday, March 14th. This is a positive change from Domino's Pizza's previous quarterly dividend of $1.51. Domino's Pizza's payout ratio is 41.70%.

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.