Commerzbank Aktiengesellschaft FI Makes New Investment in Domino’s Pizza Inc $DPZ

Commerzbank Aktiengesellschaft FI bought a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,307 shares of the restaurant operator’s stock, valued at approximately $962,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its stake in shares of Domino’s Pizza by 21,977.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator’s stock valued at $381,254,000 after purchasing an additional 910,529 shares in the last quarter. Arbejdsmarkedets Tillaegspension bought a new position in shares of Domino’s Pizza during the fourth quarter valued at approximately $23,238,000. New York Life Investment Management LLC increased its stake in shares of Domino’s Pizza by 73.0% during the fourth quarter. New York Life Investment Management LLC now owns 7,341 shares of the restaurant operator’s stock valued at $3,060,000 after purchasing an additional 3,098 shares in the last quarter. Allworth Financial LP increased its stake in shares of Domino’s Pizza by 23.0% during the fourth quarter. Allworth Financial LP now owns 267 shares of the restaurant operator’s stock valued at $111,000 after purchasing an additional 50 shares in the last quarter. Finally, Meridian Wealth Management LLC increased its stake in shares of Domino’s Pizza by 12.0% during the fourth quarter. Meridian Wealth Management LLC now owns 1,053 shares of the restaurant operator’s stock valued at $439,000 after purchasing an additional 113 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on DPZ shares. UBS Group decreased their target price on shares of Domino’s Pizza from $480.00 to $425.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. DA Davidson decreased their target price on shares of Domino’s Pizza from $436.00 to $423.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Mizuho decreased their target price on shares of Domino’s Pizza from $470.00 to $420.00 and set an “outperform” rating for the company in a research note on Tuesday, April 28th. BTIG Research decreased their target price on shares of Domino’s Pizza from $500.00 to $450.00 and set a “buy” rating for the company in a research note on Monday, April 27th. Finally, Robert W. Baird decreased their target price on shares of Domino’s Pizza from $495.00 to $400.00 and set an “outperform” rating for the company in a research note on Monday, April 27th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $419.74.

Insider Buying and Selling

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 488 shares of Domino’s Pizza stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $332.31, for a total value of $162,167.28. Following the completion of the sale, the executive vice president owned 9,352 shares of the company’s stock, valued at approximately $3,107,763.12. The trade was a 4.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.89% of the company’s stock.

Domino’s Pizza Trading Down 0.6%

NASDAQ:DPZ opened at $302.29 on Friday. Domino’s Pizza Inc has a 12 month low of $302.12 and a 12 month high of $499.08. The company has a market cap of $10.05 billion, a PE ratio of 17.40, a price-to-earnings-growth ratio of 1.40 and a beta of 1.02. The company has a 50 day simple moving average of $361.95 and a two-hundred day simple moving average of $392.49.

Domino’s Pizza (NASDAQ:DPZ) last posted its earnings results on Monday, April 27th. The restaurant operator reported $4.13 EPS for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.16). Domino’s Pizza had a negative return on equity of 15.04% and a net margin of 11.89%.The company had revenue of $1.15 billion during the quarter. During the same period in the previous year, the business posted $4.33 earnings per share. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. Research analysts forecast that Domino’s Pizza Inc will post 19.15 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. Domino’s Pizza’s payout ratio is 45.83%.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand?crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.