Markel Group Inc. Raises Stake in Domino's Pizza, Inc. (NASDAQ:DPZ)

Markel Group Inc. lifted its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 22.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,500 shares of the restaurant operator's stock after acquiring an additional 1,000 shares during the quarter. Markel Group Inc.'s holdings in Domino's Pizza were worth $2,309,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Sherman Asset Management Inc. acquired a new position in shares of Domino's Pizza during the 4th quarter worth about $25,000. True Wealth Design LLC increased its stake in Domino's Pizza by 2,033.3% during the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator's stock worth $28,000 after buying an additional 61 shares in the last quarter. Rakuten Securities Inc. raised its holdings in shares of Domino's Pizza by 195.6% during the third quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator's stock valued at $57,000 after acquiring an additional 88 shares during the last quarter. Private Trust Co. NA lifted its position in shares of Domino's Pizza by 34.3% in the fourth quarter. Private Trust Co. NA now owns 145 shares of the restaurant operator's stock valued at $61,000 after acquiring an additional 37 shares in the last quarter. Finally, Allworth Financial LP lifted its position in shares of Domino's Pizza by 37.6% in the fourth quarter. Allworth Financial LP now owns 150 shares of the restaurant operator's stock valued at $66,000 after acquiring an additional 41 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company's stock.

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Analysts Set New Price Targets

DPZ has been the topic of a number of research reports. Stephens restated an "equal weight" rating and issued a $440.00 price objective on shares of Domino's Pizza in a report on Monday, March 3rd. BMO Capital Markets raised their price target on shares of Domino's Pizza from $500.00 to $515.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 25th. TD Securities reaffirmed a "buy" rating and set a $490.00 price objective on shares of Domino's Pizza in a research note on Monday, February 24th. Barclays raised their target price on shares of Domino's Pizza from $402.00 to $420.00 and gave the stock an "underweight" rating in a research note on Tuesday, February 25th. Finally, Citigroup upped their price target on Domino's Pizza from $440.00 to $520.00 and gave the company a "neutral" rating in a research report on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $503.41.

Domino's Pizza Price Performance

Shares of Domino's Pizza stock traded up $7.01 during trading hours on Wednesday, hitting $437.57. The company had a trading volume of 559,014 shares, compared to its average volume of 602,312. The company's 50-day moving average is $450.39 and its two-hundred day moving average is $437.97. 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 cap of $15.01 billion, a P/E ratio of 26.90, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (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 company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the prior year, the company earned $4.48 EPS. The business's revenue was up 2.9% on a year-over-year basis. Sell-side analysts expect that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Increases Dividend

The company also recently declared 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 is a positive change from Domino's Pizza's previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Friday, March 14th. This represents a $6.96 annualized dividend and a yield of 1.59%. Domino's Pizza's payout ratio is 41.70%.

About Domino's Pizza

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.