Domino’s Pizza, Inc. (NYSE:DPZ) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 46.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,608 shares of the restaurant operator’s stock after selling 4,887 shares during the period. SG Americas Securities LLC’s holdings in Domino’s Pizza were worth $2,312,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Capital Investment Advisors LLC raised its position in shares of Domino’s Pizza by 1.1% during the 4th quarter. Capital Investment Advisors LLC now owns 2,225 shares of the restaurant operator’s stock worth $917,000 after purchasing an additional 25 shares during the last quarter. B. Metzler seel. Sohn & Co. AG increased its position in Domino’s Pizza by 2.2% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 1,412 shares of the restaurant operator’s stock worth $476,000 after buying an additional 30 shares in the last quarter. Studio Investment Management LLC raised its holdings in shares of Domino’s Pizza by 4.9% in the fourth quarter. Studio Investment Management LLC now owns 665 shares of the restaurant operator’s stock worth $230,000 after acquiring an additional 31 shares during the last quarter. Castleview Partners LLC lifted its position in shares of Domino’s Pizza by 3.0% in the third quarter. Castleview Partners LLC now owns 1,083 shares of the restaurant operator’s stock valued at $410,000 after acquiring an additional 32 shares in the last quarter. Finally, Fortune Financial Advisors LLC boosted its stake in shares of Domino’s Pizza by 2.3% during the third quarter. Fortune Financial Advisors LLC now owns 1,621 shares of the restaurant operator’s stock valued at $614,000 after acquiring an additional 36 shares during the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on DPZ. Argus upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and set a $530.00 target price on the stock in a report on Tuesday, February 27th. Piper Sandler lifted their target price on shares of Domino’s Pizza from $400.00 to $435.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 27th. HSBC began coverage on Domino’s Pizza in a report on Wednesday, December 20th. They issued a “buy” rating and a $466.00 price target for the company. Morgan Stanley raised their price objective on Domino’s Pizza from $465.00 to $485.00 and gave the stock an “overweight” rating in a report on Tuesday, February 27th. Finally, TD Cowen reiterated an “outperform” rating and issued a $525.00 target price (up from $470.00) on shares of Domino’s Pizza in a research note on Monday, February 26th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $441.79.

Domino’s Pizza Stock Performance

Domino’s Pizza stock opened at $492.13 on Thursday. Domino’s Pizza, Inc. has a one year low of $285.84 and a one year high of $493.19. The stock’s 50 day moving average price is $437.67 and its 200 day moving average price is $401.50. The firm has a market capitalization of $17.14 billion, a PE ratio of 33.55, a price-to-earnings-growth ratio of 2.35 and a beta of 0.85.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Monday, February 26th. The restaurant operator reported $4.48 EPS for the quarter, topping analysts’ consensus estimates of $4.38 by $0.10. Domino’s Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the previous year, the company posted $4.43 earnings per share. The business’s revenue for the quarter was up .8% compared to the same quarter last year. On average, analysts forecast that Domino’s Pizza, Inc. will post 15.74 earnings per share for the current fiscal year.

Domino’s Pizza Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be given a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.23%. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.21. The ex-dividend date is Thursday, March 14th. Domino’s Pizza’s payout ratio is presently 41.17%.

Insider Buying and Selling

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 768 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $451.52, for a total transaction of $346,767.36. Following the completion of the sale, the executive vice president now owns 4,103 shares in the company, valued at approximately $1,852,586.56. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.76% of the company’s stock.

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.