635 Shares in Domino’s Pizza, Inc. (NASDAQ:DPZ) Bought by Ground Swell Capital LLC

Ground Swell Capital LLC bought a new stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 635 shares of the restaurant operator’s stock, valued at approximately $267,000.

Other large investors also recently bought and sold shares of the company. Franklin Resources Inc. increased its holdings in Domino’s Pizza by 42.8% during the 3rd quarter. Franklin Resources Inc. now owns 27,031 shares of the restaurant operator’s stock valued at $11,571,000 after acquiring an additional 8,103 shares in the last quarter. ORG Wealth Partners LLC increased its stake in shares of Domino’s Pizza by 21.3% during the 4th quarter. ORG Wealth Partners LLC now owns 262 shares of the restaurant operator’s stock worth $110,000 after purchasing an additional 46 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in shares of Domino’s Pizza by 3.1% during the 4th quarter. Harbor Capital Advisors Inc. now owns 4,035 shares of the restaurant operator’s stock worth $1,694,000 after purchasing an additional 122 shares in the last quarter. Czech National Bank raised its position in shares of Domino’s Pizza by 5.1% during the 4th quarter. Czech National Bank now owns 7,488 shares of the restaurant operator’s stock worth $3,143,000 after purchasing an additional 364 shares during the last quarter. Finally, Brookstone Capital Management lifted its stake in Domino’s Pizza by 1.0% in the 4th quarter. Brookstone Capital Management now owns 5,628 shares of the restaurant operator’s stock valued at $2,362,000 after buying an additional 57 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Citigroup boosted their price target on Domino’s Pizza from $480.00 to $500.00 and gave the stock a “neutral” rating in a report on Tuesday, April 29th. TD Cowen reissued a “buy” rating and issued a $490.00 target price on shares of Domino’s Pizza in a research note on Monday, February 24th. Guggenheim upped their target price on shares of Domino’s Pizza from $450.00 to $460.00 and gave the company a “neutral” rating in a report on Tuesday, April 22nd. Royal Bank of Canada lifted their price target on shares of Domino’s Pizza from $500.00 to $550.00 and gave the stock an “outperform” rating in a report on Tuesday, April 29th. Finally, Barclays reduced their price objective on shares of Domino’s Pizza from $425.00 to $420.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $498.50.

Domino’s Pizza Trading Up 0.5 %

NASDAQ:DPZ opened at $479.37 on Friday. The firm’s fifty day simple moving average is $464.18 and its 200 day simple moving average is $451.90. Domino’s Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $538.44. The firm 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 issued its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $4.12 by $0.21. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the firm posted $3.58 earnings per share. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. On average, analysts predict that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a $1.74 dividend. This represents a $6.96 annualized dividend and a yield of 1.45%. The ex-dividend date is Friday, June 13th. Domino’s Pizza’s dividend payout ratio (DPR) is 39.91%.

Insider Activity

In other news, EVP Kevin Scott Morris sold 5,416 shares of Domino’s Pizza stock in a transaction dated 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 sale, the executive vice president now directly owns 793 shares of the company’s stock, valued at approximately $346,541. The trade was a 87.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Reddy Sandeep sold 1,077 shares of the stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total value of $477,326.40. Following the completion of the transaction, the chief financial officer now directly owns 8,081 shares of the company’s stock, valued at $3,581,499.20. This represents a 11.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,996 shares of company stock worth $3,946,461 over the last 90 days. Company insiders own 0.83% 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.