Guggenheim Capital LLC Buys 1,404 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

Guggenheim Capital LLC lifted its holdings in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 10.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,297 shares of the restaurant operator's stock after acquiring an additional 1,404 shares during the period. Guggenheim Capital LLC's holdings in Domino's Pizza were worth $6,421,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. KG&L Capital Management LLC grew its stake in shares of Domino's Pizza by 1.4% in the fourth quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator's stock valued at $724,000 after acquiring an additional 23 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in 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 buying an additional 23 shares during the period. Greenleaf Trust increased its holdings in Domino's Pizza by 3.1% in the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator's stock valued at $358,000 after buying an additional 26 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Domino's Pizza by 40.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock worth $38,000 after acquiring an additional 26 shares during the period. Finally, Larson Financial Group LLC lifted its holdings in shares of Domino's Pizza by 2.8% during the 4th quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator's stock worth $427,000 after acquiring an additional 28 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DPZ has been the subject of several research analyst reports. Wells Fargo & Company boosted their price objective on shares of Domino's Pizza from $420.00 to $445.00 and gave the company an "equal weight" rating in a research report on Tuesday. Morgan Stanley lowered their price objective on shares of Domino's Pizza from $510.00 to $496.00 and set an "overweight" rating for the company in a research report on Tuesday, January 21st. Stephens restated an "equal weight" rating and set a $440.00 price objective on shares of Domino's Pizza in a research report on Wednesday, April 2nd. Benchmark restated a "buy" rating and set a $520.00 price objective on shares of Domino's Pizza in a research report on Tuesday, February 25th. Finally, BMO Capital Markets boosted their price objective on shares of Domino's Pizza from $500.00 to $515.00 and gave the company an "outperform" rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Domino's Pizza has a consensus rating of "Moderate Buy" and a consensus target price of $499.48.

Domino's Pizza Price Performance

Shares of Domino's Pizza stock traded down $2.54 during trading on Wednesday, hitting $483.60. The company's stock had a trading volume of 172,482 shares, compared to its average volume of 625,990. Domino's Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $542.75. The stock has a market cap of $16.59 billion, a price-to-earnings ratio of 29.71, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15. The stock has a 50-day moving average price of $462.00 and a two-hundred day moving average price of $446.57.

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

Domino's Pizza Increases Dividend

The company 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. The ex-dividend date was Friday, March 14th. This represents a $6.96 dividend on an annualized basis and a yield of 1.44%. This is a boost from Domino's Pizza's previous quarterly dividend of $1.51. Domino's Pizza's dividend payout ratio is 41.70%.

Insider Buying and Selling at Domino's Pizza

In other news, EVP Reddy Sandeep sold 399 shares of the 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 of the company's stock, valued at $4,046,848.08. This represents a 4.36 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kelly E. Garcia sold 2,104 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total transaction of $917,933.12. Following the transaction, the executive vice president now directly owns 5,699 shares in the company, valued at $2,486,359.72. This trade represents a 26.96 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,996 shares of company stock valued at $3,946,461. 0.83% of the stock is currently 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.