Domino's Pizza, Inc. (NASDAQ:DPZ) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group lessened its stake in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 98.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,353 shares of the restaurant operator's stock after selling 90,421 shares during the period. Schroder Investment Management Group's holdings in Domino's Pizza were worth $569,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Janney Montgomery Scott LLC lifted its holdings in shares of Domino's Pizza by 278.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator's stock worth $4,643,000 after purchasing an additional 8,136 shares during the period. Empowered Funds LLC raised its position in Domino's Pizza by 44.6% during the 4th quarter. Empowered Funds LLC now owns 5,713 shares of the restaurant operator's stock worth $2,398,000 after buying an additional 1,762 shares during the last quarter. Alta Capital Management LLC lifted its stake in Domino's Pizza by 20.5% during the 4th quarter. Alta Capital Management LLC now owns 7,144 shares of the restaurant operator's stock valued at $2,999,000 after acquiring an additional 1,214 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Domino's Pizza by 1.3% in the 4th quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator's stock valued at $708,498,000 after acquiring an additional 21,705 shares during the last quarter. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Domino's Pizza in the fourth quarter worth $282,000. Institutional investors and hedge funds own 94.63% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on DPZ. Morgan Stanley cut their price target on Domino's Pizza from $510.00 to $496.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 21st. TD Cowen restated 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 Domino's Pizza from $559.00 to $555.00 and set a "buy" rating on the stock in a report on Tuesday, February 25th. Royal Bank of Canada reissued an "outperform" rating and set a $500.00 target price on shares of Domino's Pizza in a report on Tuesday, April 1st. Finally, Stephens reaffirmed an "equal weight" rating and issued a $440.00 price target on shares of Domino's Pizza in a research note on Wednesday, April 2nd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $499.69.

Insiders Place Their Bets

In other Domino's Pizza news, EVP Kevin Scott Morris sold 5,416 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the sale, the executive vice president now directly owns 793 shares in the company, valued at $346,541. This represents a 87.23 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Reddy Sandeep sold 399 shares of the business's 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 transaction, the executive vice president now owns 8,756 shares of the company's stock, valued at approximately $4,046,848.08. This trade represents a 4.36 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,996 shares of company stock worth $3,946,461 over the last ninety days. Corporate insiders own 0.83% of the company's stock.

Domino's Pizza Stock Performance

Shares of NASDAQ DPZ traded up $9.12 during mid-day trading on Friday, reaching $462.17. 625,094 shares of the company's stock were exchanged, compared to its average volume of 625,590. The firm has a market capitalization of $15.85 billion, a price-to-earnings ratio of 28.39, a PEG ratio of 2.47 and a beta of 1.15. Domino's Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The company's 50-day moving average is $461.95 and its 200-day moving average is $444.47.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its quarterly earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share 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 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% on a year-over-year basis. As a group, equities analysts predict that Domino's Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino's Pizza Increases Dividend

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

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.