Domino's Pizza, Inc. (NASDAQ:DPZ) Stock Holdings Trimmed by NFJ Investment Group LLC

NFJ Investment Group LLC cut its stake in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,802 shares of the restaurant operator's stock after selling 2,853 shares during the quarter. Domino's Pizza makes up approximately 0.9% of NFJ Investment Group LLC's investment portfolio, making the stock its 29th largest position. NFJ Investment Group LLC owned approximately 0.20% of Domino's Pizza worth $29,300,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Principal Financial Group Inc. lifted its position in shares of Domino's Pizza by 1.4% during the 3rd quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator's stock valued at $716,681,000 after buying an additional 23,681 shares in the last quarter. MML Investors Services LLC increased its stake in shares of Domino's Pizza by 3.5% during the third quarter. MML Investors Services LLC now owns 4,014 shares of the restaurant operator's stock worth $1,727,000 after purchasing an additional 137 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 worth $1,227,000 after purchasing an additional 295 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in Domino's Pizza by 26.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 3,936 shares of the restaurant operator's stock worth $1,785,000 after buying an additional 819 shares during the last quarter. Finally, Tidal Investments LLC increased its stake in Domino's Pizza by 737.1% during the 3rd quarter. Tidal Investments LLC now owns 57,441 shares of the restaurant operator's stock worth $24,708,000 after buying an additional 50,579 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Royal Bank of Canada restated an "outperform" rating and issued a $500.00 price target on shares of Domino's Pizza in a research report on Tuesday, April 1st. Barclays raised their price objective on shares of Domino's Pizza from $402.00 to $420.00 and gave the stock an "underweight" rating in a research report on Tuesday, February 25th. 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. Oppenheimer boosted their price objective on Domino's Pizza from $490.00 to $495.00 and gave the company an "outperform" rating in a report on Tuesday, January 7th. Finally, Citigroup dropped their target price on Domino's Pizza from $500.00 to $480.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Domino's Pizza has a consensus rating of "Moderate Buy" and an average target price of $496.88.

Insider Transactions at Domino's Pizza

In other news, EVP Kelly E. Garcia sold 2,104 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total transaction of $917,933.12. Following the sale, the executive vice president now directly owns 5,699 shares in the company, valued at approximately $2,486,359.72. This represents a 26.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Reddy Sandeep sold 399 shares of the business's stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $462.18, for a total value of $184,409.82. Following the transaction, the executive vice president now owns 8,756 shares of the company's stock, valued at $4,046,848.08. This represents a 4.36 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,996 shares of company stock valued at $3,946,461. Insiders own 0.83% of the company's stock.

Domino's Pizza Stock Performance

Shares of NASDAQ:DPZ traded down $0.30 during mid-day trading on Monday, hitting $466.44. 152,329 shares of the company traded hands, compared to its average volume of 625,830. 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 $16.00 billion, a P/E ratio of 28.65, a PEG ratio of 2.47 and a beta of 1.15. The firm's 50 day simple moving average is $461.93 and its 200 day simple moving average is $445.99.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its quarterly earnings results on Monday, February 24th. The restaurant operator reported $4.89 EPS for the quarter, missing analysts' consensus estimates 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 business had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.47 billion. During the same period in the prior year, the company posted $4.48 EPS. The company's revenue for the quarter was up 2.9% on a year-over-year basis. Equities research analysts expect that Domino's Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino's Pizza Increases Dividend

The business 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 dividend on an annualized basis and a yield of 1.49%. This is an increase from Domino's Pizza's previous quarterly dividend of $1.51. The ex-dividend date was Friday, March 14th. Domino's Pizza's dividend 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.