Domino's Pizza, Inc. (NASDAQ:DPZ) Shares Acquired by National Bank of Canada FI

National Bank of Canada FI lifted its stake in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 86.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 36,124 shares of the restaurant operator's stock after acquiring an additional 16,715 shares during the period. National Bank of Canada FI owned 0.10% of Domino's Pizza worth $15,163,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Sherman Asset Management Inc. purchased a new stake in Domino's Pizza in the 4th quarter valued at $25,000. Brown Brothers Harriman & Co. raised its position in shares of Domino's Pizza by 1,016.7% in the fourth quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator's stock valued at $28,000 after purchasing an additional 61 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Domino's Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock worth $38,000 after acquiring an additional 26 shares in the last quarter. Lee Danner & Bass Inc. bought a new position in Domino's Pizza in the 4th quarter worth about $42,000. Finally, Mountain Hill Investment Partners Corp. purchased a new stake in shares of Domino's Pizza in the fourth quarter worth $55,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino's Pizza Stock Down 2.7 %

NASDAQ:DPZ traded down $12.44 during mid-day trading on Thursday, hitting $443.91. 182,492 shares of the company traded hands, compared to its average volume of 622,982. The stock's fifty day moving average price is $462.08 and its 200-day moving average price is $444.03. Domino's Pizza, Inc. has a one year low of $396.06 and a one year high of $542.75. The firm has a market cap of $15.22 billion, a price-to-earnings ratio of 27.37, a price-to-earnings-growth ratio of 2.47 and a beta of 1.15.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.93 by ($0.04). The firm had revenue of $1.44 billion during 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%. The business's revenue for the quarter was up 2.9% on a year-over-year basis. During the same period last year, the company earned $4.48 earnings per share. Equities analysts predict that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were paid a dividend of $1.74 per share. This represents a $6.96 annualized dividend and a yield of 1.57%. This is a positive change from Domino's Pizza's previous quarterly dividend of $1.51. The ex-dividend date was Friday, March 14th. Domino's Pizza's payout ratio is presently 41.70%.

Insiders Place Their Bets

In other news, EVP Reddy Sandeep sold 399 shares of the stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total transaction of $184,409.82. Following the completion of the sale, the executive vice president now owns 8,756 shares in the company, valued at approximately $4,046,848.08. This represents a 4.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kelly E. Garcia sold 2,104 shares of the company's stock in a transaction that occurred 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 owns 5,699 shares in the company, valued at $2,486,359.72. The trade was a 26.96 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,996 shares of company stock valued at $3,946,461 over the last 90 days. Insiders own 0.83% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Argus cut shares of Domino's Pizza from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. 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 report on Tuesday, February 25th. Oppenheimer upped their price target on Domino's Pizza from $490.00 to $495.00 and gave the company an "outperform" rating in a research report on Tuesday, January 7th. Benchmark reaffirmed a "buy" rating and issued a $520.00 target price on shares of Domino's Pizza in a research report on Tuesday, February 25th. Finally, Stephens reiterated an "equal weight" rating and set a $440.00 price target on shares of Domino's Pizza in a research report on Wednesday, April 2nd. One investment 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. According to MarketBeat, Domino's Pizza has a consensus rating of "Moderate Buy" and an average target price of $503.04.

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.