HS Management Partners LLC Has $40.36 Million Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

HS Management Partners LLC lifted its stake in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 11.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,140 shares of the restaurant operator's stock after acquiring an additional 10,010 shares during the period. Domino's Pizza makes up about 2.8% of HS Management Partners LLC's investment portfolio, making the stock its 22nd largest holding. HS Management Partners LLC owned about 0.28% of Domino's Pizza worth $40,356,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Berkshire Hathaway Inc acquired a new position in Domino's Pizza during the 3rd quarter worth approximately $549,399,000. FMR LLC boosted its holdings in Domino's Pizza by 16.3% during the third quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator's stock worth $941,936,000 after purchasing an additional 307,528 shares during the last quarter. Champlain Investment Partners LLC acquired a new position in Domino's Pizza during the third quarter worth $99,352,000. Vaughan Nelson Investment Management L.P. bought a new position in Domino's Pizza in the fourth quarter valued at $41,701,000. Finally, Jennison Associates LLC increased its stake 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. 94.63% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Benchmark restated a "buy" rating and set a $520.00 price objective on shares of Domino's Pizza in a research note on Tuesday, February 25th. Robert W. Baird decreased their price target on Domino's Pizza from $545.00 to $510.00 and set an "outperform" rating for the company in a research note on Tuesday, February 25th. Morgan Stanley lowered their price target 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. Royal Bank of Canada reissued an "outperform" rating and issued a $500.00 price objective on shares of Domino's Pizza in a report on Thursday, February 20th. Finally, TD Securities reissued a "buy" rating and issued a $490.00 target price on shares of Domino's Pizza in a research note on Monday, February 24th. One investment analyst has rated the stock with a sell rating, eight have given 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.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $503.41.

Domino's Pizza Trading Down 6.8 %

NASDAQ DPZ traded down $32.02 during trading on Monday, reaching $440.03. The company's stock had a trading volume of 1,171,404 shares, compared to its average volume of 600,770. The firm has a 50 day moving average price of $449.79 and a 200 day moving average price of $437.76. Domino's Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75. The firm has a market capitalization of $15.09 billion, a price-to-earnings ratio of 27.03, 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 quarterly earnings results 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). 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. On average, equities analysts forecast that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal 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 issued a dividend of $1.74 per share. This is a positive change from Domino's Pizza's previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a dividend yield of 1.58%. The ex-dividend date is Friday, March 14th. Domino's Pizza's dividend payout ratio is 41.70%.

Domino's Pizza Company 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.