Sumitomo Mitsui DS Asset Management Company Ltd Sells 270 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Sumitomo Mitsui DS Asset Management Company Ltd cut its position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 6.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,825 shares of the restaurant operator’s stock after selling 270 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Domino’s Pizza were worth $1,577,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Capital Investment Advisors LLC grew its position in Domino’s Pizza by 1.1% during the 4th quarter. Capital Investment Advisors LLC now owns 2,225 shares of the restaurant operator’s stock worth $917,000 after acquiring an additional 25 shares during the last quarter. Wealthsource Partners LLC grew its position in Domino’s Pizza by 2.0% during the 4th quarter. Wealthsource Partners LLC now owns 1,284 shares of the restaurant operator’s stock worth $529,000 after acquiring an additional 25 shares during the last quarter. Castleview Partners LLC grew its position in Domino’s Pizza by 3.0% during the 3rd quarter. Castleview Partners LLC now owns 1,083 shares of the restaurant operator’s stock worth $410,000 after acquiring an additional 32 shares during the last quarter. Freedom Day Solutions LLC grew its position in Domino’s Pizza by 0.6% during the 4th quarter. Freedom Day Solutions LLC now owns 5,177 shares of the restaurant operator’s stock worth $2,134,000 after acquiring an additional 32 shares during the last quarter. Finally, Insight Advisors LLC PA grew its position in Domino’s Pizza by 4.5% during the 4th quarter. Insight Advisors LLC PA now owns 810 shares of the restaurant operator’s stock worth $334,000 after acquiring an additional 35 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on DPZ. Oppenheimer reiterated an “outperform” rating and issued a $470.00 price objective on shares of Domino’s Pizza in a report on Thursday, February 22nd. Evercore ISI increased their price objective on Domino’s Pizza from $510.00 to $560.00 and gave the stock an “outperform” rating in a report on Monday, April 8th. Argus upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and set a $530.00 price objective for the company in a report on Tuesday, February 27th. BMO Capital Markets increased their price objective on Domino’s Pizza from $475.00 to $535.00 and gave the stock an “outperform” rating in a report on Tuesday, February 27th. Finally, TD Cowen reiterated a “buy” rating and issued a $550.00 price objective on shares of Domino’s Pizza in a report on Wednesday, April 10th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seventeen have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $460.90.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 108 shares of Domino’s Pizza stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total value of $53,468.64. Following the completion of the sale, 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 can be accessed through the SEC website. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 108 shares of Domino’s Pizza stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total value of $53,468.64. Following the completion of the sale, 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 can be accessed through the SEC website. Also, EVP Cynthia A. Headen sold 768 shares of Domino’s Pizza 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 completion of the sale, the executive vice president now directly owns 4,103 shares of the company’s stock, valued at approximately $1,852,586.56. The disclosure for this sale can be found here. 0.81% of the stock is owned by company insiders.

Domino’s Pizza Trading Up 1.4 %

Shares of NYSE:DPZ opened at $487.71 on Thursday. The stock has a fifty day simple moving average of $464.16 and a two-hundred day simple moving average of $417.01. The stock has a market capitalization of $16.99 billion, a price-to-earnings ratio of 33.25, a PEG ratio of 2.46 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 quarterly earnings data on Monday, February 26th. The restaurant operator reported $4.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.38 by $0.10. The business had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Domino’s Pizza had a negative return on equity of 12.56% and a net margin of 11.59%. The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.43 earnings per share. As a group, equities research analysts predict that Domino’s Pizza, Inc. will post 15.72 EPS for the current year.

Domino’s Pizza Increases Dividend

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

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.