HUB Investment Partners LLC Takes $247,000 Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

HUB Investment Partners LLC bought a new position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 589 shares of the restaurant operator's stock, valued at approximately $247,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DPZ. Whittier Trust Co. lifted its position in Domino's Pizza by 2.8% during the fourth quarter. Whittier Trust Co. now owns 18,197 shares of the restaurant operator's stock valued at $7,638,000 after purchasing an additional 488 shares during the period. Northwest & Ethical Investments L.P. boosted its stake in shares of Domino's Pizza by 22.7% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 540 shares of the restaurant operator's stock worth $226,000 after buying an additional 100 shares during the last quarter. Fiduciary Group LLC grew its holdings in shares of Domino's Pizza by 49.2% in the fourth quarter. Fiduciary Group LLC now owns 3,760 shares of the restaurant operator's stock worth $1,578,000 after acquiring an additional 1,240 shares during the period. Royal London Asset Management Ltd. increased its position in Domino's Pizza by 0.3% during the fourth quarter. Royal London Asset Management Ltd. now owns 14,951 shares of the restaurant operator's stock valued at $6,276,000 after acquiring an additional 39 shares during the last quarter. Finally, Trillium Asset Management LLC lifted its holdings in Domino's Pizza by 45.3% in the fourth quarter. Trillium Asset Management LLC now owns 18,282 shares of the restaurant operator's stock valued at $7,674,000 after acquiring an additional 5,703 shares during the period. 94.63% of the stock is owned by institutional investors.

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Insider Activity

In other Domino's Pizza news, EVP Kevin Scott Morris sold 5,416 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 793 shares in the company, valued at approximately $346,541. This trade represents a 87.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Reddy Sandeep sold 1,077 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total transaction of $477,326.40. Following the sale, the chief financial officer now directly owns 8,081 shares in the company, valued at approximately $3,581,499.20. This represents a 11.76 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,597 shares of company stock worth $3,762,052. 0.76% of the stock is currently owned by company insiders.

Domino's Pizza Trading Down 1.7 %

Shares of Domino's Pizza stock traded down $7.90 during trading on Tuesday, hitting $458.15. 399,628 shares of the stock traded hands, compared to its average volume of 653,185. Domino's Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The stock's fifty day simple moving average is $456.08 and its 200 day simple moving average is $440.30. The firm has a market cap of $15.71 billion, a P/E ratio of 28.14, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The restaurant operator reported $4.89 EPS for the quarter, missing the consensus estimate 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 business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the prior year, the firm posted $4.48 EPS. The company's revenue for the quarter was up 2.9% compared to the same quarter last year. As a group, equities analysts expect that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $1.74 per share. This represents a $6.96 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Domino's Pizza's previous quarterly dividend of $1.51. Domino's Pizza's dividend payout ratio (DPR) is 41.70%.

Analyst Ratings Changes

Several brokerages recently issued reports on DPZ. TD Cowen restated a "buy" rating and set a $490.00 target price on shares of Domino's Pizza in a research report on Monday, February 24th. BMO Capital Markets boosted their price target on Domino's Pizza from $500.00 to $515.00 and gave the stock an "outperform" rating in a report on Tuesday, February 25th. Argus lowered Domino's Pizza from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. TD Securities reissued a "buy" rating and set a $490.00 price target on shares of Domino's Pizza in a research note on Monday, February 24th. Finally, Stephens reiterated an "equal weight" rating and set a $440.00 target price on shares of Domino's Pizza in a research report on Monday, March 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Domino's Pizza currently has a consensus rating of "Moderate Buy" and a consensus price target 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.