126 Shares in Domino’s Pizza, Inc. (NASDAQ:DPZ) Acquired by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC purchased a new position in Domino’s Pizza, Inc. (NASDAQ:DPZ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 126 shares of the restaurant operator’s stock, valued at approximately $53,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its holdings in shares of Domino’s Pizza by 278.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator’s stock worth $4,643,000 after acquiring an additional 8,136 shares during the last quarter. Empowered Funds LLC boosted its stake in Domino’s Pizza by 44.6% during the 4th quarter. Empowered Funds LLC now owns 5,713 shares of the restaurant operator’s stock valued at $2,398,000 after purchasing an additional 1,762 shares during the last quarter. Alta Capital Management LLC increased its holdings in Domino’s Pizza by 20.5% during the 4th quarter. Alta Capital Management LLC now owns 7,144 shares of the restaurant operator’s stock worth $2,999,000 after purchasing an additional 1,214 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Domino’s Pizza by 1.3% in the fourth quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator’s stock worth $708,498,000 after purchasing an additional 21,705 shares during the last quarter. Finally, SBI Securities Co. Ltd. bought a new position in shares of Domino’s Pizza in the fourth quarter valued at approximately $282,000. Institutional investors own 94.63% of the company’s stock.

Insider Activity at Domino’s Pizza

In other news, CFO Reddy Sandeep sold 1,077 shares of the business’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total transaction of $477,326.40. Following the completion of the transaction, the chief financial officer now directly owns 8,081 shares in the company, valued at $3,581,499.20. The trade was a 11.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kevin Scott Morris sold 5,416 shares of the company’s stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the completion of the transaction, 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. In the last three months, insiders have sold 8,996 shares of company stock worth $3,946,461. 0.83% of the stock is owned by company insiders.

Domino’s Pizza Stock Up 0.5%

DPZ opened at $479.37 on Monday. The firm has a 50-day moving average price of $464.18 and a 200-day moving average price of $452.36. Domino’s Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $538.44. The company has a market capitalization of $16.41 billion, a price-to-earnings ratio of 29.45, a PEG ratio of 2.47 and a beta of 1.15.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.12 by $0.21. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates 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 was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business earned $3.58 EPS. On average, sell-side analysts expect that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a dividend of $1.74 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.45%. Domino’s Pizza’s payout ratio is 39.91%.

Analyst Upgrades and Downgrades

DPZ has been the topic of several analyst reports. Wedbush reaffirmed an “outperform” rating and set a $500.00 target price on shares of Domino’s Pizza in a research report on Tuesday, February 25th. Robert W. Baird lifted their price objective on shares of Domino’s Pizza from $500.00 to $535.00 and gave the stock an “outperform” rating in a report on Wednesday, April 23rd. Citigroup increased their target price on shares of Domino’s Pizza from $480.00 to $500.00 and gave the company a “neutral” rating in a report on Tuesday, April 29th. Barclays dropped their price target on shares of Domino’s Pizza from $425.00 to $420.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 30th. Finally, TD Securities reaffirmed a “buy” rating and issued a $490.00 price objective on shares of Domino’s Pizza in a research report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $498.50.

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.