National Pension Service Grows Holdings in Domino’s Pizza Inc $DPZ

National Pension Service grew its holdings in Domino’s Pizza Inc (NASDAQ:DPZ) by 103.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,972 shares of the restaurant operator’s stock after purchasing an additional 2,015 shares during the period. National Pension Service’s holdings in Domino’s Pizza were worth $1,656,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of DPZ. Northwestern Mutual Wealth Management Co. increased its stake in Domino’s Pizza by 21,977.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator’s stock worth $381,254,000 after purchasing an additional 910,529 shares during the period. Berkshire Hathaway Inc increased its stake in Domino’s Pizza by 13.2% in the third quarter. Berkshire Hathaway Inc now owns 2,981,945 shares of the restaurant operator’s stock worth $1,287,335,000 after purchasing an additional 348,077 shares during the period. Two Sigma Investments LP increased its stake in Domino’s Pizza by 2,845.4% in the third quarter. Two Sigma Investments LP now owns 264,024 shares of the restaurant operator’s stock worth $113,982,000 after purchasing an additional 255,060 shares during the period. Woodline Partners LP increased its stake in Domino’s Pizza by 8,229.8% in the third quarter. Woodline Partners LP now owns 242,314 shares of the restaurant operator’s stock worth $104,609,000 after purchasing an additional 239,405 shares during the period. Finally, Marshall Wace LLP purchased a new stake in Domino’s Pizza in the third quarter worth $80,549,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

Shares of DPZ stock opened at $313.71 on Tuesday. Domino’s Pizza Inc has a 1-year low of $297.48 and a 1-year high of $496.00. The stock’s 50-day moving average is $343.63 and its 200 day moving average is $385.20. The company has a market cap of $10.43 billion, a P/E ratio of 18.06, a PEG ratio of 1.44 and a beta of 0.98.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings data on Monday, April 27th. The restaurant operator reported $4.13 earnings per share for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.16). Domino’s Pizza had a net margin of 11.89% and a negative return on equity of 15.04%. The company had revenue of $1.15 billion for the quarter. During the same quarter in the prior year, the firm posted $4.33 earnings per share. Domino’s Pizza’s quarterly revenue was up 3.5% compared to the same quarter last year. On average, analysts anticipate that Domino’s Pizza Inc will post 19.14 EPS for the current year.

Domino’s Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $1.99 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $7.96 dividend on an annualized basis and a yield of 2.5%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 45.83%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on DPZ shares. Evercore reduced their target price on Domino’s Pizza from $510.00 to $400.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 28th. Royal Bank Of Canada cut their price target on Domino’s Pizza from $400.00 to $350.00 and set a “sector perform” rating on the stock in a research note on Tuesday, April 28th. Wells Fargo & Company cut their price target on Domino’s Pizza from $400.00 to $350.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 28th. Weiss Ratings lowered Domino’s Pizza from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday. Finally, Guggenheim cut their price target on Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $418.13.

Insiders Place Their Bets

In related news, EVP Kelly E. Garcia sold 488 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $313.16, for a total transaction of $152,822.08. Following the sale, the executive vice president owned 9,352 shares of the company’s stock, valued at $2,928,672.32. This trade represents a 4.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.89% of the stock is currently owned by insiders.

Domino’s Pizza 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.