SBI Securities Co. Ltd. acquired a new stake in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 673 shares of the restaurant operator's stock, valued at approximately $282,000.
A number of other hedge funds also recently bought and sold shares of the business. Sherman Asset Management Inc. purchased a new stake in shares of Domino's Pizza in the 4th quarter valued at approximately $25,000. True Wealth Design LLC grew its stake in shares of Domino's Pizza by 2,033.3% in the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator's stock valued at $28,000 after buying an additional 61 shares during the period. Rakuten Securities Inc. grew its stake in shares of Domino's Pizza by 195.6% in the 3rd quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator's stock valued at $57,000 after buying an additional 88 shares during the period. Private Trust Co. NA boosted its position in shares of Domino's Pizza by 34.3% during the 4th quarter. Private Trust Co. NA now owns 145 shares of the restaurant operator's stock worth $61,000 after purchasing an additional 37 shares during the period. Finally, Allworth Financial LP boosted its position in shares of Domino's Pizza by 37.6% during the 4th quarter. Allworth Financial LP now owns 150 shares of the restaurant operator's stock worth $66,000 after purchasing an additional 41 shares during the period. Institutional investors and hedge funds own 94.63% of the company's stock.
Domino's Pizza Trading Down 1.7 %
NASDAQ:DPZ traded down $8.19 during midday trading on Friday, hitting $472.05. 788,662 shares of the company were exchanged, compared to its average volume of 598,478. The company has a fifty day simple moving average of $449.79 and a 200 day simple moving average of $437.69. Domino's Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $542.75. The company has a market capitalization of $16.19 billion, a PE ratio of 29.00, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06.
Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its quarterly earnings results on Monday, February 24th. The restaurant operator reported $4.89 EPS 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 company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the prior year, the business earned $4.48 earnings per share. Domino's Pizza's revenue was up 2.9% compared to the same quarter last year. As a group, equities research analysts expect that Domino's Pizza, Inc. will post 16.74 EPS for the current year.
Domino's Pizza Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $1.74 per share. 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 1.47%. The ex-dividend date of this dividend is Friday, March 14th. Domino's Pizza's dividend payout ratio (DPR) is currently 41.70%.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on DPZ shares. Argus cut shares of Domino's Pizza from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. TD Cowen reaffirmed a "buy" rating and set a $490.00 price objective on shares of Domino's Pizza in a research report on Monday, February 24th. Loop Capital lowered their price objective on shares of Domino's Pizza from $559.00 to $555.00 and set a "buy" rating for the company in a research report on Tuesday, February 25th. Robert W. Baird lowered their price objective on shares of Domino's Pizza from $545.00 to $510.00 and set an "outperform" rating for the company in a research report on Tuesday, February 25th. Finally, Benchmark reiterated a "buy" rating and set a $520.00 target price on shares of Domino's Pizza in a report on Tuesday, February 25th. One equities research 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's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $503.41.
View Our Latest Research Report on Domino's Pizza
About Domino's Pizza
(
Free Report)
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.
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