Domino’s Pizza, Inc. (NYSE:DPZ) EVP Sells $395,073.50 in Stock

Domino’s Pizza, Inc. (NYSE:DPZ) EVP Cynthia A. Headen sold 745 shares of Domino’s Pizza stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $530.30, for a total transaction of $395,073.50. Following the completion of the transaction, the executive vice president now directly owns 3,910 shares in the company, valued at approximately $2,073,473. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Domino’s Pizza Stock Performance

DPZ stock opened at $516.42 on Thursday. The company’s 50-day simple moving average is $471.46 and its 200 day simple moving average is $422.01. Domino’s Pizza, Inc. has a 52 week low of $285.84 and a 52 week high of $542.75. The company has a market capitalization of $17.99 billion, a PE ratio of 33.71, a price-to-earnings-growth ratio of 2.75 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Monday, April 29th. The restaurant operator reported $3.58 earnings per share for the quarter, topping the consensus estimate of $3.46 by $0.12. Domino’s Pizza had a net margin of 11.90% and a negative return on equity of 13.19%. The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the prior year, the business posted $2.93 earnings per share. Domino’s Pizza’s revenue was up 5.9% compared to the same quarter last year. On average, analysts forecast that Domino’s Pizza, Inc. will post 15.73 EPS for the current year.

Domino’s Pizza Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a $1.51 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.17%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 39.43%.

Analysts Set New Price Targets

A number of brokerages have recently commented on DPZ. HSBC boosted their price objective on shares of Domino’s Pizza from $507.00 to $583.00 and gave the stock a “buy” rating in a research report on Tuesday. Wedbush reissued an “outperform” rating and issued a $520.00 price objective on shares of Domino’s Pizza in a research report on Friday, April 26th. Morgan Stanley boosted their price objective on shares of Domino’s Pizza from $485.00 to $515.00 and gave the stock an “overweight” rating in a research report on Friday, April 12th. TD Cowen reissued a “buy” rating and issued a $550.00 price objective on shares of Domino’s Pizza in a research report on Monday. Finally, Oppenheimer boosted their price objective on shares of Domino’s Pizza from $530.00 to $580.00 and gave the stock an “outperform” rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $516.19.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in DPZ. Turtle Creek Wealth Advisors LLC bought a new position in shares of Domino’s Pizza in the fourth quarter worth about $25,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of Domino’s Pizza by 127.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock worth $34,000 after acquiring an additional 46 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new position in Domino’s Pizza in the 3rd quarter valued at approximately $39,000. Quadrant Capital Group LLC raised its holdings in Domino’s Pizza by 41.8% in the 4th quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock valued at $46,000 after buying an additional 33 shares during the last quarter. Finally, Jones Financial Companies Lllp bought a new position in Domino’s Pizza in the 3rd quarter valued at approximately $49,000. Institutional investors own 94.63% 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.