Fiduciary Group LLC Grows Stock Holdings in Domino's Pizza, Inc. (NASDAQ:DPZ)

Fiduciary Group LLC lifted its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 49.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,760 shares of the restaurant operator's stock after purchasing an additional 1,240 shares during the period. Fiduciary Group LLC's holdings in Domino's Pizza were worth $1,578,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Sherman Asset Management Inc. acquired a new stake in Domino's Pizza during the 4th quarter worth $25,000. True Wealth Design LLC raised its holdings in shares of Domino's Pizza by 2,033.3% in the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator's stock valued at $28,000 after buying an additional 61 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Domino's Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock worth $38,000 after buying an additional 26 shares during the period. Private Trust Co. NA grew 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 buying an additional 37 shares during the last quarter. Finally, Allworth Financial LP increased its position in Domino's Pizza by 37.6% in the 4th quarter. Allworth Financial LP now owns 150 shares of the restaurant operator's stock valued at $66,000 after acquiring an additional 41 shares during the period. Institutional investors and hedge funds own 94.63% of the company's stock.

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Insider Transactions at Domino's Pizza

In other Domino's Pizza news, EVP Kelly E. Garcia sold 2,104 shares of Domino's Pizza stock in a transaction on 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 owns 5,699 shares in the company, valued at $2,486,359.72. This trade represents a 26.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kevin Scott Morris sold 5,416 shares of the company's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total value of $2,366,792.00. Following the sale, the executive vice president now owns 793 shares of the company's stock, valued at approximately $346,541. The trade was a 87.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,597 shares of company stock worth $3,762,052 over the last quarter. 0.76% of the stock is currently owned by insiders.

Domino's Pizza Stock Up 1.0 %

Shares of DPZ traded up $4.64 during trading hours on Monday, reaching $466.04. 808,794 shares of the company traded hands, compared to its average volume of 610,432. The stock has a market capitalization of $15.98 billion, a PE ratio of 28.63, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06. The stock has a fifty day simple moving average of $454.96 and a 200 day simple moving average of $439.90. 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 released 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 firm had revenue of $1.44 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the business earned $4.48 earnings per share. Research analysts predict 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. Shareholders of record on Friday, March 14th will be issued a $1.74 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Domino's Pizza's previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a yield of 1.49%. Domino's Pizza's payout ratio is 41.70%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on DPZ shares. Wedbush reiterated an "outperform" rating and issued a $500.00 target price on shares of Domino's Pizza in a research note on Tuesday, February 25th. Morgan Stanley dropped their price objective on shares of Domino's Pizza from $510.00 to $496.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 21st. Stephens restated an "equal weight" rating and issued a $440.00 target price on shares of Domino's Pizza in a research note on Monday, March 3rd. Barclays lifted their target price on shares of Domino's Pizza from $402.00 to $420.00 and gave the company an "underweight" rating in a report on Tuesday, February 25th. Finally, Loop Capital cut their price target on shares of Domino's Pizza from $559.00 to $555.00 and set a "buy" rating for the company in a 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 issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $503.41.

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.