Proficio Capital Partners LLC Purchases Shares of 37,460 Domino's Pizza, Inc. (NASDAQ:DPZ)

Proficio Capital Partners LLC purchased a new stake in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 37,460 shares of the restaurant operator's stock, valued at approximately $15,724,000. Proficio Capital Partners LLC owned about 0.11% of Domino's Pizza at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. KG&L Capital Management LLC lifted its holdings in shares of Domino's Pizza by 1.4% during the fourth 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. lifted its holdings in shares of Domino's Pizza by 2.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator's stock worth $486,000 after buying an additional 23 shares in the last quarter. Greenleaf Trust lifted its holdings in shares of Domino's Pizza by 3.1% during the fourth quarter. Greenleaf Trust now owns 854 shares of the restaurant operator's stock worth $358,000 after buying an additional 26 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of Domino's Pizza by 1.3% during the fourth quarter. Stephens Inc. AR now owns 2,413 shares of the restaurant operator's stock worth $1,013,000 after buying an additional 31 shares in the last quarter. Finally, Principal Securities Inc. lifted its holdings in shares of Domino's Pizza by 3.3% during the fourth quarter. Principal Securities Inc. now owns 1,076 shares of the restaurant operator's stock worth $452,000 after buying an additional 34 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company's stock.

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Domino's Pizza Price Performance

Shares of Domino's Pizza stock traded down $5.59 during midday trading on Wednesday, reaching $476.18. The company had a trading volume of 660,552 shares, compared to its average volume of 596,327. The stock has a fifty day moving average price of $447.99 and a 200 day moving average price of $437.05. The firm has a market cap of $16.33 billion, a PE ratio of 29.25, a P/E/G ratio of 2.47 and a beta of 1.06. Domino's Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $542.75.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 EPS for the quarter, missing analysts' consensus estimates of $4.93 by ($0.04). The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.47 billion. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. Domino's Pizza's revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.48 earnings per share. As a group, sell-side analysts forecast that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $1.74 dividend. The ex-dividend date is Friday, March 14th. This is a positive change from Domino's Pizza's previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a yield of 1.46%. Domino's Pizza's payout ratio is 41.70%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on DPZ. Barclays raised their price target on Domino's Pizza from $402.00 to $420.00 and gave the stock an "underweight" rating in a research report on Tuesday, February 25th. Stephens restated an "equal weight" rating and issued a $440.00 price target on shares of Domino's Pizza in a research report on Monday. TD Securities restated a "buy" rating and issued a $490.00 price target on shares of Domino's Pizza in a research report on Monday, February 24th. 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 Thursday, February 20th. Finally, Argus cut Domino's Pizza from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. 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 issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $503.41.

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.