Domino's Pizza, Inc. (NASDAQ:DPZ) Stake Trimmed by Sei Investments Co.

Sei Investments Co. trimmed its holdings in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 14.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 65,285 shares of the restaurant operator's stock after selling 10,844 shares during the period. Sei Investments Co. owned 0.19% of Domino's Pizza worth $27,405,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in DPZ. KG&L Capital Management LLC lifted its stake 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 purchasing an additional 23 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in Domino's Pizza by 2.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator's stock worth $486,000 after acquiring an additional 23 shares in the last quarter. Greenleaf Trust boosted its holdings in Domino's Pizza by 3.1% in the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator's stock worth $358,000 after acquiring an additional 26 shares during the period. EverSource Wealth Advisors LLC grew its position in Domino's Pizza by 40.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock valued at $38,000 after acquiring an additional 26 shares in the last quarter. Finally, Larson Financial Group LLC raised its stake in shares of Domino's Pizza by 2.8% during the fourth quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator's stock valued at $427,000 after purchasing an additional 28 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

DPZ has been the subject of several analyst reports. Robert W. Baird decreased 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. Royal Bank of Canada reissued an "outperform" rating and issued a $500.00 price objective on shares of Domino's Pizza in a research report on Thursday, February 20th. Citigroup lifted their target price on Domino's Pizza from $440.00 to $520.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 19th. Wedbush reissued an "outperform" rating and issued a $500.00 price target on shares of Domino's Pizza in a report on Tuesday, February 25th. Finally, Morgan Stanley lowered their price objective 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. One 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 assigned a strong buy rating to the stock. According to MarketBeat, Domino's Pizza has a consensus rating of "Moderate Buy" and a consensus target price of $503.41.

Insider Buying and Selling

In related news, 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 value of $477,326.40. Following the completion of the sale, the chief financial officer now owns 8,081 shares of the company's stock, valued at $3,581,499.20. This represents a 11.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Kevin Scott Morris sold 5,416 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the completion of the sale, the executive vice president now directly owns 793 shares of the company's stock, valued at approximately $346,541. This represents a 87.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,597 shares of company stock valued at $3,762,052 in the last three months. 0.76% of the stock is currently owned by corporate insiders.

Domino's Pizza Trading Down 5.1 %

DPZ traded down $24.16 during trading on Friday, reaching $447.12. 790,069 shares of the company were exchanged, compared to its average volume of 621,065. Domino's Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $542.75. The firm has a 50 day moving average of $459.46 and a 200 day moving average of $441.24. The stock has a market cap of $15.33 billion, a P/E ratio of 27.46, a PEG ratio of 2.47 and a beta of 1.06.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings data 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). The firm 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%. The firm's revenue was up 2.9% on a year-over-year basis. During the same period last year, the business earned $4.48 EPS. As a group, analysts forecast 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 disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were given a dividend of $1.74 per share. The ex-dividend date was Friday, March 14th. This is an increase from Domino's Pizza's previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a dividend yield of 1.56%. Domino's Pizza's payout ratio is currently 41.70%.

Domino's Pizza 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.