Symmetry Investments LP Acquires 30,941 Shares of Domino's Pizza, Inc. (NASDAQ:DPZ)

Symmetry Investments LP increased its holdings in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 177.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,381 shares of the restaurant operator's stock after buying an additional 30,941 shares during the period. Domino's Pizza accounts for about 1.1% of Symmetry Investments LP's investment portfolio, making the stock its 18th biggest holding. Symmetry Investments LP owned approximately 0.14% of Domino's Pizza worth $20,308,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Principal Financial Group Inc. increased its stake in shares of Domino's Pizza by 1.4% in 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 acquiring an additional 23,681 shares during the last quarter. SkyView Investment Advisors LLC raised its holdings in Domino's Pizza by 11.5% in the third 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 period. Tidal Investments LLC boosted its position in shares of Domino's Pizza by 737.1% during the third quarter. Tidal Investments LLC now owns 57,441 shares of the restaurant operator's stock worth $24,708,000 after purchasing an additional 50,579 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Domino's Pizza by 42.8% in the 3rd quarter. Franklin Resources Inc. now owns 27,031 shares of the restaurant operator's stock valued at $11,571,000 after buying an additional 8,103 shares during the period. Finally, Oddo BHF Asset Management Sas acquired a new stake in Domino's Pizza during the 3rd quarter worth $1,649,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DPZ has been the subject of several recent analyst reports. BMO Capital Markets increased their price target on Domino's Pizza from $500.00 to $515.00 and gave the stock an "outperform" rating in a report on Tuesday, February 25th. Wells Fargo & Company upped their price target on Domino's Pizza from $420.00 to $445.00 and gave the stock an "equal weight" rating in a research report on Tuesday. Barclays lifted their price objective on shares of Domino's Pizza from $420.00 to $425.00 and gave the company an "underweight" rating in a report on Tuesday. Loop Capital reduced their target price on shares of Domino's Pizza from $559.00 to $555.00 and set a "buy" rating for the company in a report on Tuesday, February 25th. Finally, Oppenheimer lifted their price target on shares of Domino's Pizza from $490.00 to $495.00 and gave the company an "outperform" rating in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Domino's Pizza currently has an average rating of "Moderate Buy" and a consensus target price of $498.08.

Domino's Pizza Stock Performance

NASDAQ:DPZ opened at $486.14 on Wednesday. The firm has a market cap of $16.67 billion, a price-to-earnings ratio of 29.86, a P/E/G 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 firm's 50-day simple moving average is $462.00 and its 200 day simple moving average is $446.57.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its 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). The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 2.9% compared to the same quarter last year. During the same period in the prior year, the business posted $4.48 earnings per share. Sell-side analysts anticipate that Domino's Pizza, Inc. will post 16.74 EPS for the current year.

Domino's Pizza Increases Dividend

The business also recently announced 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. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.43%. 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 presently 41.70%.

Insider Transactions at Domino's Pizza

In related news, EVP Kelly E. Garcia sold 2,104 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total transaction of $917,933.12. Following the sale, the executive vice president now owns 5,699 shares in the company, valued at approximately $2,486,359.72. This trade represents a 26.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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 transaction of $184,409.82. Following the transaction, the executive vice president now owns 8,756 shares of the company's stock, valued at approximately $4,046,848.08. This represents a 4.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,996 shares of company stock valued at $3,946,461. 0.83% of the stock is owned by corporate insiders.

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.

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