487 Shares in Domino’s Pizza, Inc. (NASDAQ:DPZ) Acquired by Fiduciary Trust Co

Fiduciary Trust Co acquired a new stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 487 shares of the restaurant operator’s stock, valued at approximately $204,000.

A number of other large investors have also added to or reduced their stakes in DPZ. Sherman Asset Management Inc. purchased a new position in Domino’s Pizza in the 4th quarter worth approximately $25,000. Brown Brothers Harriman & Co. boosted its stake in Domino’s Pizza by 1,016.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 61 shares during the last quarter. Covestor Ltd increased its holdings in shares of Domino’s Pizza by 158.1% in the 4th quarter. Covestor Ltd now owns 80 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 49 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Domino’s Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock valued at $38,000 after purchasing an additional 26 shares during the last quarter. Finally, Lee Danner & Bass Inc. purchased a new stake in Domino’s Pizza during the 4th quarter valued at $42,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

Domino’s Pizza stock opened at $482.11 on Tuesday. Domino’s Pizza, Inc. has a 1 year low of $396.06 and a 1 year high of $538.44. The firm’s 50 day moving average price is $464.30 and its 200-day moving average price is $452.84. The stock has a market cap of $16.51 billion, a P/E ratio of 29.61, a PEG ratio of 2.47 and a beta of 1.15.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.21. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. Domino’s Pizza’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.58 EPS. As a group, equities analysts expect that Domino’s Pizza, Inc. will post 16.74 EPS for the current year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a $1.74 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 annualized dividend and a dividend yield of 1.44%. Domino’s Pizza’s dividend payout ratio (DPR) is 39.91%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Citigroup increased their target price on Domino’s Pizza from $480.00 to $500.00 and gave the company a “neutral” rating in a report on Tuesday, April 29th. BMO Capital Markets upped their price target on shares of Domino’s Pizza from $515.00 to $540.00 and gave the company an “outperform” rating in a research report on Tuesday, April 29th. Wells Fargo & Company raised their price objective on shares of Domino’s Pizza from $445.00 to $465.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 29th. TD Securities reaffirmed a “buy” rating and set a $490.00 target price on shares of Domino’s Pizza in a report on Monday, April 28th. Finally, Hsbc Global Res upgraded shares of Domino’s Pizza to a “strong-buy” rating in a research report on Tuesday, April 22nd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $498.50.

Insider Buying and Selling

In related news, EVP Reddy Sandeep sold 399 shares of the business’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $462.18, for a total value of $184,409.82. Following the sale, the executive vice president now owns 8,756 shares in the company, valued at approximately $4,046,848.08. The trade was a 4.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kevin Scott Morris sold 5,416 shares of the company’s stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the sale, the executive vice president now directly owns 793 shares in the company, valued at approximately $346,541. The trade was a 87.23% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,996 shares of company stock worth $3,946,461. Corporate insiders own 0.83% 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.