Domino's Pizza (NASDAQ:DPZ) Upgraded at Hsbc Global Res

Domino's Pizza (NASDAQ:DPZ - Get Free Report) was upgraded by stock analysts at Hsbc Global Res to a "strong-buy" rating in a report issued on Tuesday,Zacks.com reports.

Several other equities analysts have also issued reports on the stock. Benchmark reiterated a "buy" rating and set a $520.00 target price on shares of Domino's Pizza in a report on Tuesday, February 25th. Royal Bank of Canada reissued an "outperform" rating and issued a $500.00 target price on shares of Domino's Pizza in a report on Tuesday, April 1st. Argus cut Domino's Pizza from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Wedbush reiterated an "outperform" rating and issued a $500.00 price target on shares of Domino's Pizza in a research note on Tuesday, February 25th. Finally, Barclays raised their price objective on shares of Domino's Pizza from $420.00 to $425.00 and gave the company an "underweight" rating in a research note on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $499.48.

Domino's Pizza Trading Up 0.6 %

NASDAQ DPZ traded up $3.06 during trading on Tuesday, hitting $490.64. The company had a trading volume of 1,432,206 shares, compared to its average volume of 629,888. The company's fifty day moving average is $462.60 and its 200-day moving average is $448.43. Domino's Pizza has a one year low of $396.06 and a one year high of $542.75. The company has a market cap of $16.83 billion, a price-to-earnings ratio of 30.14, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share for the quarter, beating the consensus estimate of $4.12 by $0.21. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. During the same quarter last year, the firm earned $3.58 EPS. The firm's quarterly revenue was up 2.5% on a year-over-year basis. As a group, equities analysts anticipate that Domino's Pizza will post 16.74 EPS for the current year.

Insider Activity at Domino's Pizza

In related news, EVP Kevin Scott Morris sold 5,416 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the sale, the executive vice president now owns 793 shares in the company, valued at approximately $346,541. This represents a 87.23 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Reddy Sandeep sold 399 shares of the company's stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $462.18, for a total transaction of $184,409.82. Following the transaction, the executive vice president now owns 8,756 shares in the company, valued at $4,046,848.08. The trade was a 4.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,996 shares of company stock valued at $3,946,461. 0.83% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Domino's Pizza

A number of institutional investors and hedge funds have recently modified their holdings of DPZ. KG&L Capital Management LLC raised its position in Domino's Pizza by 1.4% during the 4th quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator's stock worth $724,000 after buying an additional 23 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Domino's Pizza by 2.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator's stock valued at $486,000 after purchasing an additional 23 shares in the last quarter. Lodestone Wealth Management LLC raised its stake in shares of Domino's Pizza by 4.4% during the 1st quarter. Lodestone Wealth Management LLC now owns 587 shares of the restaurant operator's stock worth $270,000 after buying an additional 25 shares during the period. Greenleaf Trust raised its position in Domino's Pizza by 3.1% during the fourth quarter. Greenleaf Trust now owns 854 shares of the restaurant operator's stock worth $358,000 after acquiring an additional 26 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in Domino's Pizza by 40.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock valued at $38,000 after buying an additional 26 shares in the last quarter. 94.63% of the stock is owned by institutional investors.

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.