Bridges Investment Management Inc. Grows Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

Bridges Investment Management Inc. increased its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 49.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,375 shares of the restaurant operator's stock after acquiring an additional 785 shares during the period. Bridges Investment Management Inc.'s holdings in Domino's Pizza were worth $997,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Sherman Asset Management Inc. acquired a new position in Domino's Pizza in the 4th quarter worth about $25,000. Metis Global Partners LLC increased its position in Domino's Pizza by 3.9% in the 4th quarter. Metis Global Partners LLC now owns 1,162 shares of the restaurant operator's stock valued at $488,000 after acquiring an additional 44 shares during the period. Fisher Asset Management LLC raised its stake in shares of Domino's Pizza by 24.2% during the fourth quarter. Fisher Asset Management LLC now owns 85,671 shares of the restaurant operator's stock valued at $35,961,000 after acquiring an additional 16,713 shares during the last quarter. Private Trust Co. NA lifted its holdings in shares of Domino's Pizza by 34.3% during the fourth quarter. Private Trust Co. NA now owns 145 shares of the restaurant operator's stock worth $61,000 after purchasing an additional 37 shares during the period. Finally, QRG Capital Management Inc. grew its stake in shares of Domino's Pizza by 13.5% in the fourth quarter. QRG Capital Management Inc. now owns 605 shares of the restaurant operator's stock worth $254,000 after purchasing an additional 72 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on DPZ shares. Royal Bank of Canada reissued an "outperform" rating and set a $500.00 target price on shares of Domino's Pizza in a research report on Thursday, February 20th. Morgan Stanley cut their target price on Domino's Pizza from $510.00 to $496.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 21st. Robert W. Baird cut their target price on Domino's Pizza from $545.00 to $510.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 25th. Barclays upped their target price on Domino's Pizza from $402.00 to $420.00 and gave the company an "underweight" rating in a research report on Tuesday, February 25th. Finally, TD Securities reiterated a "buy" rating and issued a $490.00 price target on shares of Domino's Pizza in a report on Monday, February 24th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $503.41.

Domino's Pizza Trading Down 0.0 %

DPZ traded down $0.03 during trading on Thursday, reaching $476.15. The stock had a trading volume of 287,673 shares, compared to its average volume of 595,137. The stock's 50 day moving average is $447.99 and its two-hundred day moving average is $437.05. The company has a market capitalization of $16.33 billion, a price-to-earnings ratio of 29.25, a P/E/G ratio of 2.47 and a beta of 1.06. Domino's Pizza, Inc. has a one year low of $396.06 and a one year high of $542.75.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted 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). The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. Domino's Pizza's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter last year, the company posted $4.48 EPS. On average, equities research analysts predict that Domino's Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino's Pizza Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a $1.74 dividend. This is a boost from Domino's Pizza's previous quarterly dividend of $1.51. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, March 14th. Domino's Pizza's dividend payout ratio is currently 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.