Handelsbanken Fonder AB Acquires 402 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Handelsbanken Fonder AB raised its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 9.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,483 shares of the restaurant operator’s stock after purchasing an additional 402 shares during the quarter. Handelsbanken Fonder AB’s holdings in Domino’s Pizza were worth $1,848,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in DPZ. Turtle Creek Wealth Advisors LLC acquired a new position in shares of Domino’s Pizza in the 4th quarter valued at $25,000. Creative Financial Designs Inc. ADV grew its holdings in shares of Domino’s Pizza by 127.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 46 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in shares of Domino’s Pizza in the 3rd quarter valued at $39,000. Jones Financial Companies Lllp acquired a new position in shares of Domino’s Pizza in the 3rd quarter valued at $49,000. Finally, Larson Financial Group LLC acquired a new position in shares of Domino’s Pizza in the 3rd quarter valued at $53,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analyst Upgrades and Downgrades

DPZ has been the subject of a number of research analyst reports. Argus raised shares of Domino’s Pizza from a “hold” rating to a “buy” rating and set a $530.00 target price for the company in a research note on Tuesday, February 27th. UBS Group upped their target price on shares of Domino’s Pizza from $526.00 to $570.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Stephens reaffirmed an “equal weight” rating and issued a $479.00 target price on shares of Domino’s Pizza in a research note on Friday, April 12th. Wedbush reaffirmed an “outperform” rating and issued a $520.00 target price on shares of Domino’s Pizza in a research note on Friday. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $430.00 target price (up from $420.00) on shares of Domino’s Pizza in a report on Tuesday, February 27th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $460.90.

Insider Buying and Selling

In related news, EVP Cynthia A. Headen sold 108 shares of the stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the sale, the executive vice president now owns 3,910 shares in the company, valued at approximately $1,935,762.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 108 shares of the firm’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total value of $53,468.64. Following the sale, the executive vice president now owns 3,910 shares in the company, valued at $1,935,762.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Cynthia A. Headen sold 768 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The shares were 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 disclosure for this sale can be found here. 0.76% of the stock is currently owned by company insiders.

Domino’s Pizza Stock Up 0.9 %

Shares of NYSE:DPZ opened at $499.07 on Friday. The company’s 50 day moving average price is $467.11 and its two-hundred day moving average price is $418.58. Domino’s Pizza, Inc. has a 12-month low of $285.84 and a 12-month high of $508.44. The firm has a market cap of $17.38 billion, a PE ratio of 34.02, a PEG ratio of 2.55 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings results on Monday, February 26th. The restaurant operator reported $4.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.38 by $0.10. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.42 billion. Domino’s Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The firm’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter last year, the business posted $4.43 EPS. On average, research analysts expect that Domino’s Pizza, Inc. will post 15.72 EPS for the current year.

Domino’s Pizza Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $1.51 per share. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.21. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $6.04 annualized dividend and a dividend yield of 1.21%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 41.17%.

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.