GAMMA Investing LLC Takes $78,000 Position in Domino’s Pizza, Inc. (NYSE:DPZ)

GAMMA Investing LLC purchased a new position in Domino’s Pizza, Inc. (NYSE:DPZ) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 183 shares of the restaurant operator’s stock, valued at approximately $78,000.

Other hedge funds also recently bought and sold shares of the company. Capital Investment Advisors LLC lifted its stake in shares of Domino’s Pizza by 1.1% in the fourth quarter. Capital Investment Advisors LLC now owns 2,225 shares of the restaurant operator’s stock worth $917,000 after buying an additional 25 shares in the last quarter. Wealthsource Partners LLC lifted its holdings in shares of Domino’s Pizza by 2.0% during the fourth quarter. Wealthsource Partners LLC now owns 1,284 shares of the restaurant operator’s stock valued at $529,000 after purchasing an additional 25 shares in the last quarter. Castleview Partners LLC boosted its position in shares of Domino’s Pizza by 3.0% during the third quarter. Castleview Partners LLC now owns 1,083 shares of the restaurant operator’s stock valued at $410,000 after buying an additional 32 shares during the last quarter. Freedom Day Solutions LLC raised its position in Domino’s Pizza by 0.6% in the 4th quarter. Freedom Day Solutions LLC now owns 5,177 shares of the restaurant operator’s stock worth $2,134,000 after buying an additional 32 shares during the last quarter. Finally, Insight Advisors LLC PA raised its position in Domino’s Pizza by 4.5% in the 4th quarter. Insight Advisors LLC PA now owns 810 shares of the restaurant operator’s stock worth $334,000 after buying an additional 35 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Trading Up 5.6 %

DPZ opened at $527.12 on Tuesday. The stock has a 50-day moving average of $469.22 and a 200 day moving average of $420.72. Domino’s Pizza, Inc. has a 12 month low of $285.84 and a 12 month high of $539.99. The firm has a market cap of $18.36 billion, a P/E ratio of 35.93, a P/E/G ratio of 2.61 and a beta of 0.86.

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

Domino’s Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a yield of 1.15%. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.21. The ex-dividend date was Thursday, March 14th. Domino’s Pizza’s payout ratio is presently 41.17%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Citigroup boosted their price objective on shares of Domino’s Pizza from $458.00 to $505.00 and gave the company a “neutral” rating in a report on Thursday, April 11th. Gordon Haskett upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and set a $467.00 price target on the stock in a research note on Tuesday, January 16th. Wedbush reissued an “outperform” rating and issued a $520.00 target price on shares of Domino’s Pizza in a report on Friday. Jefferies Financial Group boosted their price target on Domino’s Pizza from $455.00 to $480.00 and gave the company a “hold” rating in a research note on Tuesday, April 16th. Finally, BMO Capital Markets boosted their target price on shares of Domino’s Pizza from $475.00 to $535.00 and gave the company an “outperform” rating in a research report on Tuesday, February 27th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seventeen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Domino’s Pizza presently has an average rating of “Moderate Buy” and a consensus target price of $469.67.

Insider Activity

In related news, EVP Cynthia A. Headen sold 768 shares of Domino’s Pizza stock in a transaction dated 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 transaction, the executive vice president now directly owns 4,103 shares of the company’s stock, valued at approximately $1,852,586.56. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, EVP Cynthia A. Headen sold 108 shares of the stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total value of $53,468.64. Following the sale, the executive vice president now directly owns 3,910 shares in the company, valued at $1,935,762.80. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Cynthia A. Headen sold 768 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total value of $346,767.36. Following the transaction, the executive vice president now owns 4,103 shares of the company’s stock, valued at approximately $1,852,586.56. The disclosure for this sale can be found here. Insiders own 0.81% of the company’s stock.

About Domino’s Pizza

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.