Domino's Pizza, Inc. (NASDAQ:DPZ) Shares Purchased by Infusive Asset Management Inc.

Infusive Asset Management Inc. raised its stake in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 38.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 8,444 shares of the restaurant operator's stock after buying an additional 2,350 shares during the period. Domino's Pizza comprises about 1.6% of Infusive Asset Management Inc.'s portfolio, making the stock its 29th largest holding. Infusive Asset Management Inc.'s holdings in Domino's Pizza were worth $3,544,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of the stock. Principal Financial Group Inc. boosted its position in Domino's Pizza by 1.4% during the third quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator's stock worth $716,681,000 after purchasing an additional 23,681 shares in the last quarter. SkyView Investment Advisors LLC raised its position in shares of Domino's Pizza by 11.5% during the 3rd quarter. SkyView Investment Advisors LLC now owns 2,853 shares of the restaurant operator's stock valued at $1,227,000 after buying an additional 295 shares during the period. Sanctuary Advisors LLC increased its position in shares of Domino's Pizza by 26.3% during the third quarter. Sanctuary Advisors LLC now owns 3,936 shares of the restaurant operator's stock valued at $1,785,000 after acquiring an additional 819 shares during the last quarter. Tidal Investments LLC grew its position in Domino's Pizza by 737.1% in the 3rd quarter. Tidal Investments LLC now owns 57,441 shares of the restaurant operator's stock valued at $24,708,000 after acquiring an additional 50,579 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in Domino's Pizza by 42.8% in the third quarter. Franklin Resources Inc. now owns 27,031 shares of the restaurant operator's stock valued at $11,571,000 after purchasing an additional 8,103 shares during the period. Hedge funds and other institutional investors own 94.63% of the company's stock.

Insiders Place Their Bets

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

Domino's Pizza Stock Performance

DPZ traded up $0.95 during trading on Wednesday, reaching $487.09. The company's stock had a trading volume of 258,407 shares, compared to its average volume of 626,306. The company has a market capitalization of $16.71 billion, a price-to-earnings ratio of 29.92, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15. The company's fifty day moving average price is $462.00 and its 200-day moving average price is $446.57. Domino's Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its 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). The company had revenue of $1.44 billion for the quarter, compared to analysts' expectations 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 quarter in the previous year, the firm posted $4.48 earnings per share. Equities analysts predict that Domino's Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino's Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a $1.74 dividend. 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 1.43%. The ex-dividend date of this dividend was Friday, March 14th. Domino's Pizza's dividend payout ratio (DPR) is presently 41.70%.

Wall Street Analysts Forecast Growth

DPZ has been the topic of several recent analyst reports. Robert W. Baird increased their target price on Domino's Pizza from $500.00 to $535.00 and gave the company an "outperform" rating in a report on Wednesday. Benchmark reiterated a "buy" rating and issued a $520.00 price objective on shares of Domino's Pizza in a report on Tuesday, February 25th. Argus cut Domino's Pizza from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Guggenheim increased their price target on shares of Domino's Pizza from $450.00 to $460.00 and gave the company a "neutral" rating in a research note on Tuesday. Finally, Royal Bank of Canada restated an "outperform" rating and set a $500.00 price objective on shares of Domino's Pizza in a research report on Tuesday, April 1st. 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 one has assigned a strong buy rating to the company. Based on data from MarketBeat, Domino's Pizza has a consensus rating of "Moderate Buy" and an average price target of $499.48.

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.