Mariner LLC Has $6.79 Million Stake in Domino's Pizza, Inc. (NASDAQ:DPZ)

Mariner LLC cut its stake in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,176 shares of the restaurant operator's stock after selling 738 shares during the quarter. Mariner LLC's holdings in Domino's Pizza were worth $6,790,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of DPZ. KG&L Capital Management LLC lifted its position in shares of 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 in the last quarter. Oppenheimer & Co. Inc. grew its stake 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 purchasing an additional 23 shares during the period. Greenleaf Trust increased its position in shares of Domino's Pizza by 3.1% during the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator's stock valued at $358,000 after purchasing an additional 26 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake 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 purchasing an additional 26 shares during the period. Finally, Larson Financial Group LLC boosted its holdings in shares of Domino's Pizza by 2.8% in the 4th quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator's stock worth $427,000 after buying an additional 28 shares during the last quarter. Institutional investors own 94.63% of the company's stock.

Insider Buying and Selling at Domino's Pizza

In related news, CFO Reddy Sandeep sold 1,077 shares of the firm's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total value of $477,326.40. Following the completion of the sale, the chief financial officer now owns 8,081 shares of the company's stock, valued at $3,581,499.20. This trade represents a 11.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Kelly E. Garcia sold 2,104 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were 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 approximately $2,486,359.72. The trade was a 26.96 % decrease in their ownership of the stock. 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 quarter. Company insiders own 0.83% of the company's stock.

Domino's Pizza Stock Up 1.0 %

Domino's Pizza stock opened at $466.74 on Friday. The firm has a fifty day simple moving average of $461.93 and a two-hundred day simple moving average of $445.82. Domino's Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $542.75. The company has a market capitalization of $16.01 billion, a PE ratio of 28.67, a P/E/G ratio of 2.47 and a beta of 1.15.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share 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 net margin of 12.26% and a negative return on equity of 14.35%. The company's revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.48 earnings per share. As a group, equities analysts expect that Domino's Pizza, Inc. will post 16.74 earnings per share 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. Investors of record on Friday, March 14th were issued a dividend of $1.74 per share. This is a positive change from Domino's Pizza's previous quarterly dividend of $1.51. This represents a $6.96 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date was Friday, March 14th. Domino's Pizza's dividend payout ratio is currently 41.70%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Wedbush reissued an "outperform" rating and set a $500.00 price objective on shares of Domino's Pizza in a report on Tuesday, February 25th. Loop Capital decreased their price objective on Domino's Pizza from $559.00 to $555.00 and set a "buy" rating for the company in a report on Tuesday, February 25th. Robert W. Baird dropped their price objective on shares of Domino's Pizza from $510.00 to $500.00 and set an "outperform" rating on the stock in a report on Monday, April 7th. TD Securities reiterated a "buy" rating and issued a $490.00 target price on shares of Domino's Pizza in a research note on Monday, March 31st. Finally, Barclays upped their price target on shares of Domino's Pizza from $402.00 to $420.00 and gave the company an "underweight" rating in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Domino's Pizza presently has an average rating of "Moderate Buy" and an average target price of $496.88.

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.

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