Domino's Pizza, Inc. (NASDAQ:DPZ) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC boosted its stake in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 10.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 955,160 shares of the restaurant operator's stock after acquiring an additional 92,389 shares during the quarter. Geode Capital Management LLC owned 2.77% of Domino's Pizza worth $403,203,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. National Bank of Canada FI boosted its stake in shares of Domino's Pizza by 86.1% during the 4th quarter. National Bank of Canada FI now owns 36,124 shares of the restaurant operator's stock worth $15,163,000 after buying an additional 16,715 shares during the last quarter. HighPoint Advisor Group LLC grew its stake in shares of Domino's Pizza by 5.7% in the fourth quarter. HighPoint Advisor Group LLC now owns 651 shares of the restaurant operator's stock valued at $273,000 after buying an additional 35 shares in the last quarter. Alliancebernstein L.P. lifted its stake in Domino's Pizza by 7.3% in the fourth quarter. Alliancebernstein L.P. now owns 42,832 shares of the restaurant operator's stock valued at $17,979,000 after acquiring an additional 2,918 shares during the last quarter. RWA Wealth Partners LLC grew its position in shares of Domino's Pizza by 10.3% in the 4th quarter. RWA Wealth Partners LLC now owns 706 shares of the restaurant operator's stock valued at $296,000 after acquiring an additional 66 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Domino's Pizza by 38.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 130,522 shares of the restaurant operator's stock valued at $54,788,000 after purchasing an additional 36,161 shares during the period. Institutional investors and hedge funds own 94.63% of the company's stock.

Insider Buying and Selling

In other news, EVP Reddy Sandeep sold 399 shares of the firm's stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $462.18, for a total value of $184,409.82. Following the sale, the executive vice president now directly owns 8,756 shares in the company, valued at approximately $4,046,848.08. This trade represents a 4.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kelly E. Garcia sold 2,104 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total value of $917,933.12. Following the sale, the executive vice president now owns 5,699 shares of the company's stock, valued at approximately $2,486,359.72. The trade was a 26.96 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,996 shares of company stock valued at $3,946,461 in the last three months. 0.83% of the stock is owned by corporate insiders.

Domino's Pizza Stock Down 2.7 %

DPZ stock traded down $12.44 during trading on Thursday, hitting $443.91. 182,492 shares of the company's stock traded hands, compared to its average volume of 622,982. Domino's Pizza, Inc. has a 1 year low of $396.06 and a 1 year high of $542.75. The business has a fifty day simple moving average of $462.08 and a two-hundred day simple moving average of $444.03. The firm has a market capitalization of $15.22 billion, a P/E ratio of 27.37, a PEG ratio of 2.47 and a beta of 1.15.

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 for the quarter, missing analysts' consensus estimates of $4.93 by ($0.04). Domino's Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The company had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.47 billion. During the same period in the prior year, the business posted $4.48 earnings per share. The company's quarterly revenue was up 2.9% compared to the same quarter last year. On average, equities 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 disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a $1.74 dividend. The ex-dividend date was Friday, March 14th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.57%. This is a boost from Domino's Pizza's previous quarterly dividend of $1.51. Domino's Pizza's payout ratio is 41.70%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on DPZ shares. BMO Capital Markets increased their price target on shares of Domino's Pizza from $500.00 to $515.00 and gave the company an "outperform" rating in a report on Tuesday, February 25th. TD Cowen reaffirmed a "buy" rating and issued a $490.00 price objective on shares of Domino's Pizza in a report on Monday, February 24th. Benchmark reissued a "buy" rating and set a $520.00 target price on shares of Domino's Pizza in a report on Tuesday, February 25th. Robert W. Baird cut their price objective on shares of Domino's Pizza from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Monday. Finally, 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. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $503.04.

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.