Kestra Private Wealth Services LLC Purchases 373 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Kestra Private Wealth Services LLC grew its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 21.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,084 shares of the restaurant operator’s stock after acquiring an additional 373 shares during the period. Kestra Private Wealth Services LLC’s holdings in Domino’s Pizza were worth $859,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of DPZ. Capital Investment Advisors LLC lifted its position in shares of Domino’s Pizza by 1.1% during the fourth quarter. Capital Investment Advisors LLC now owns 2,225 shares of the restaurant operator’s stock valued at $917,000 after purchasing an additional 25 shares in the last quarter. Wealthsource Partners LLC lifted its position 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. Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Domino’s Pizza by 2.9% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 934 shares of the restaurant operator’s stock valued at $385,000 after purchasing an additional 26 shares in the last quarter. Castleview Partners LLC lifted 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 purchasing an additional 32 shares in the last quarter. Finally, Freedom Day Solutions LLC lifted its position in shares of Domino’s Pizza by 0.6% during the fourth quarter. Freedom Day Solutions LLC now owns 5,177 shares of the restaurant operator’s stock valued at $2,134,000 after purchasing an additional 32 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.

Analyst Ratings Changes

DPZ has been the subject of a number of research analyst reports. Morgan Stanley raised their price objective on shares of Domino’s Pizza from $485.00 to $515.00 and gave the stock an “overweight” rating in a report on Friday, April 12th. BTIG Research raised their price objective on shares of Domino’s Pizza from $515.00 to $580.00 and gave the stock a “buy” rating in a report on Tuesday, April 30th. HSBC raised their price objective on shares of Domino’s Pizza from $507.00 to $583.00 and gave the stock a “buy” rating in a report on Tuesday, April 30th. Evercore ISI raised their price objective on shares of Domino’s Pizza from $510.00 to $560.00 and gave the stock an “outperform” rating in a report on Monday, April 8th. Finally, Royal Bank of Canada raised their price objective on shares of Domino’s Pizza from $525.00 to $575.00 and gave the stock an “outperform” rating in a report on Tuesday, April 30th. One analyst has rated the stock with a sell rating, nine have given a hold rating and seventeen have issued a buy rating to the company’s stock. According to data from MarketBeat, Domino’s Pizza currently has an average rating of “Moderate Buy” and an average target price of $516.19.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Cynthia A. Headen sold 768 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, EVP Cynthia A. Headen sold 108 shares of the stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total transaction of $53,468.64. Following the transaction, the executive vice president now owns 3,910 shares of the company’s stock, valued at approximately $1,935,762.80. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Cynthia A. Headen sold 768 shares of the stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $451.52, for a total value of $346,767.36. Following the transaction, the executive vice president now directly owns 4,103 shares in the company, valued at approximately $1,852,586.56. The disclosure for this sale can be found here. Insiders sold a total of 13,401 shares of company stock worth $6,995,948 in the last three months. 0.76% of the stock is owned by corporate insiders.

Domino’s Pizza Stock Up 0.3 %

Domino’s Pizza stock opened at $514.33 on Friday. 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 $17.94 billion, a price-to-earnings ratio of 33.57, a price-to-earnings-growth ratio of 2.56 and a beta of 0.83. The stock has a 50-day moving average price of $476.68 and a 200 day moving average price of $424.42.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings results on Monday, April 29th. The restaurant operator reported $3.58 EPS for the quarter, topping the consensus estimate of $3.46 by $0.12. Domino’s Pizza had a negative return on equity of 13.19% and a net margin of 11.90%. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the previous year, the business earned $2.93 earnings per share. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. Research analysts anticipate that Domino’s Pizza, Inc. will post 16 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

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

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.