Champlain Investment Partners LLC Acquires 63,200 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

Champlain Investment Partners LLC grew its position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 27.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 294,175 shares of the restaurant operator's stock after purchasing an additional 63,200 shares during the period. Champlain Investment Partners LLC owned about 0.85% of Domino's Pizza worth $123,483,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Principal Financial Group Inc. grew its holdings in shares of Domino's Pizza by 1.4% during the third quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator's stock worth $716,681,000 after purchasing an additional 23,681 shares during the last quarter. MML Investors Services LLC grew its holdings in Domino's Pizza by 3.5% during the 3rd quarter. MML Investors Services LLC now owns 4,014 shares of the restaurant operator's stock worth $1,727,000 after acquiring an additional 137 shares during the last quarter. SkyView Investment Advisors LLC increased its position in Domino's Pizza by 11.5% in the 3rd quarter. SkyView Investment Advisors LLC now owns 2,853 shares of the restaurant operator's stock valued at $1,227,000 after acquiring an additional 295 shares in the last quarter. Sanctuary Advisors LLC raised its stake in shares of Domino's Pizza by 26.3% in the third quarter. Sanctuary Advisors LLC now owns 3,936 shares of the restaurant operator's stock worth $1,785,000 after acquiring an additional 819 shares during the last quarter. Finally, Tidal Investments LLC lifted its position in shares of Domino's Pizza by 737.1% during the third quarter. Tidal Investments LLC now owns 57,441 shares of the restaurant operator's stock worth $24,708,000 after purchasing an additional 50,579 shares in the last quarter. Institutional investors own 94.63% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on DPZ. Wedbush reissued an "outperform" rating and issued a $500.00 price target on shares of Domino's Pizza in a report on Tuesday, February 25th. TD Securities restated a "buy" rating and set a $490.00 target price on shares of Domino's Pizza in a research report on Monday, March 31st. Wells Fargo & Company raised their price target on Domino's Pizza from $420.00 to $445.00 and gave the company an "equal weight" rating in a report on Tuesday. Benchmark reiterated a "buy" rating and issued a $520.00 price objective on shares of Domino's Pizza in a research report on Tuesday, February 25th. Finally, Oppenheimer raised their target price on shares of Domino's Pizza from $490.00 to $495.00 and gave the company an "outperform" rating in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $497.88.

Domino's Pizza Trading Up 3.8 %

Shares of NASDAQ DPZ traded up $17.94 during midday trading on Tuesday, reaching $486.21. The company's stock had a trading volume of 174,509 shares, compared to its average volume of 625,780. The stock has a 50 day simple moving average of $461.87 and a 200-day simple moving average of $446.29. The stock has a market capitalization of $16.68 billion, a price-to-earnings ratio of 29.83, a PEG ratio of 2.47 and a beta of 1.15. Domino's Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $542.75.

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

Domino's Pizza Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were given a dividend of $1.74 per share. This is a positive change from Domino's Pizza's previous quarterly dividend of $1.51. The ex-dividend date of this dividend was Friday, March 14th. This represents a $6.96 annualized dividend and a dividend yield of 1.43%. Domino's Pizza's payout ratio is 41.70%.

Insider Activity

In other news, EVP Kelly E. Garcia sold 2,104 shares of the stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total value of $917,933.12. Following the transaction, the executive vice president now directly owns 5,699 shares of the company's stock, valued at $2,486,359.72. This represents a 26.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kevin Scott Morris sold 5,416 shares of the company's 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 transaction, 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. In the last 90 days, insiders sold 8,996 shares of company stock valued at $3,946,461. 0.83% of the stock is owned by insiders.

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.