Natixis Advisors LLC Raises Holdings in Domino's Pizza, Inc. (NASDAQ:DPZ)

Natixis Advisors LLC boosted its stake in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 55.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,061 shares of the restaurant operator's stock after purchasing an additional 8,569 shares during the period. Natixis Advisors LLC owned approximately 0.07% of Domino's Pizza worth $10,100,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Principal Financial Group Inc. increased its holdings in Domino's Pizza by 1.4% in the 3rd quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator's stock worth $716,681,000 after acquiring an additional 23,681 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of Domino's Pizza during the 3rd quarter valued at $488,000. Empowered Funds LLC lifted its stake in shares of Domino's Pizza by 77.4% during the 3rd quarter. Empowered Funds LLC now owns 3,951 shares of the restaurant operator's stock valued at $1,699,000 after buying an additional 1,724 shares in the last quarter. Swiss National Bank boosted its holdings in Domino's Pizza by 0.4% in the 3rd quarter. Swiss National Bank now owns 103,500 shares of the restaurant operator's stock worth $44,519,000 after buying an additional 400 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Domino's Pizza in the 3rd quarter worth $680,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on DPZ shares. Oppenheimer upped their price objective on Domino's Pizza from $490.00 to $495.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 7th. Morgan Stanley dropped their price target on Domino's Pizza from $510.00 to $496.00 and set an "overweight" rating for the company in a research note on Tuesday, January 21st. TD Cowen reiterated a "buy" rating and set a $490.00 price objective on shares of Domino's Pizza in a research report on Monday, February 24th. BMO Capital Markets upped their target price on shares of Domino's Pizza from $500.00 to $515.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 25th. Finally, Robert W. Baird cut their target price on shares of Domino's Pizza from $545.00 to $510.00 and set an "outperform" rating for the company in a research note on Tuesday, February 25th. One 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. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $503.41.

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Domino's Pizza Trading Down 1.0 %

Shares of NASDAQ DPZ traded down $4.65 during trading hours on Friday, reaching $461.40. The stock had a trading volume of 705,853 shares, compared to its average volume of 608,917. Domino's Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The firm has a market cap of $15.82 billion, a price-to-earnings ratio of 28.34, a P/E/G ratio of 2.47 and a beta of 1.06. The business's fifty day moving average price is $454.96 and its two-hundred day moving average price is $439.41.

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). Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The firm had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.47 billion. During the same quarter in the prior year, the company posted $4.48 earnings per share. Domino's Pizza's quarterly revenue was up 2.9% compared to the same quarter last year. Equities research analysts anticipate that Domino's Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino's Pizza Increases Dividend

The firm 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 is an increase from Domino's Pizza's previous quarterly dividend of $1.51. The ex-dividend date is Friday, March 14th. This represents a $6.96 dividend on an annualized basis and a yield of 1.51%. Domino's Pizza's dividend payout ratio (DPR) is 41.70%.

Insider Buying and Selling at Domino's Pizza

In other news, EVP Kevin Scott Morris sold 5,416 shares of the firm's stock in a transaction on 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 owns 793 shares of the company's stock, valued at $346,541. This trade represents a 87.23 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Reddy Sandeep sold 1,077 shares of the company's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total transaction of $477,326.40. Following the transaction, the chief financial officer now owns 8,081 shares in the company, valued at approximately $3,581,499.20. This trade represents a 11.76 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,597 shares of company stock valued at $3,762,052. Company insiders own 0.76% of the company's stock.

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.