Mn Services Vermogensbeheer B.V. Reduces Position in Domino’s Pizza, Inc. (NYSE:DPZ)

Mn Services Vermogensbeheer B.V. lowered its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 3.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,200 shares of the restaurant operator’s stock after selling 600 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Domino’s Pizza were worth $6,678,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Freedom Day Solutions LLC grew its holdings in shares of Domino’s Pizza by 0.6% in 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 during the period. Louisiana State Employees Retirement System purchased a new position in Domino’s Pizza during the fourth quarter worth about $866,000. Helios Capital Management PTE. Ltd. purchased a new position in Domino’s Pizza during the fourth quarter worth about $1,022,000. Harbor Investment Advisory LLC boosted its stake in Domino’s Pizza by 3.9% during the fourth quarter. Harbor Investment Advisory LLC now owns 1,185 shares of the restaurant operator’s stock worth $488,000 after buying an additional 44 shares during the period. Finally, Impax Asset Management Group plc boosted its stake in Domino’s Pizza by 12.8% during the fourth quarter. Impax Asset Management Group plc now owns 874 shares of the restaurant operator’s stock worth $360,000 after buying an additional 99 shares during the period. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 108 shares of the business’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the sale, the executive vice president now directly owns 3,910 shares in the company, valued at approximately $1,935,762.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 768 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total transaction of $346,767.36. Following the sale, the executive vice president now directly owns 4,103 shares in the company, valued at approximately $1,852,586.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Cynthia A. Headen sold 108 shares of the business’s 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 completion of the sale, the executive vice president now owns 3,910 shares in the company, valued at $1,935,762.80. The disclosure for this sale can be found here. 0.81% of the stock is currently owned by corporate insiders.

Domino’s Pizza Price Performance

Shares of Domino’s Pizza stock opened at $488.02 on Tuesday. The firm’s fifty day simple moving average is $456.25 and its 200-day simple moving average is $411.75. The stock has a market capitalization of $17.00 billion, a price-to-earnings ratio of 33.27, a PEG ratio of 2.50 and a beta of 0.86. Domino’s Pizza, Inc. has a 12 month low of $285.84 and a 12 month high of $508.44.

Domino’s Pizza (NYSE:DPZ) last announced its earnings results on Monday, February 26th. The restaurant operator reported $4.48 EPS for the quarter, beating analysts’ consensus estimates of $4.38 by $0.10. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Domino’s Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The company’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company posted $4.43 EPS. Analysts anticipate that Domino’s Pizza, Inc. will post 15.78 earnings per share for the current year.

Domino’s Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $1.51 dividend. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.21. This represents a $6.04 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend was Thursday, March 14th. Domino’s Pizza’s payout ratio is currently 41.17%.

Analysts Set New Price Targets

Several research analysts have weighed in on DPZ shares. Morgan Stanley increased their target price on shares of Domino’s Pizza from $485.00 to $515.00 and gave the stock an “overweight” rating in a research note on Friday. TD Cowen reaffirmed a “buy” rating and set a $550.00 target price on shares of Domino’s Pizza in a research note on Wednesday, April 10th. Argus raised shares of Domino’s Pizza from a “hold” rating to a “buy” rating and set a $530.00 price target on the stock in a research report on Tuesday, February 27th. Citigroup increased their price target on shares of Domino’s Pizza from $458.00 to $505.00 and gave the stock a “neutral” rating in a research report on Thursday, April 11th. Finally, Evercore ISI increased their price target on shares of Domino’s Pizza from $510.00 to $560.00 and gave the stock an “outperform” rating in a research report on Monday, April 8th. One analyst has rated the stock with a sell rating, eight have given a hold rating and seventeen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $455.76.

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.