Securian Asset Management Inc. Sells 100 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Securian Asset Management Inc. trimmed its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 5.2% in the 4th quarter, Holdings Channel reports. The fund owned 1,833 shares of the restaurant operator’s stock after selling 100 shares during the quarter. Securian Asset Management Inc.’s holdings in Domino’s Pizza were worth $769,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of DPZ. KG&L Capital Management LLC increased its stake in Domino’s Pizza by 1.4% during the 4th quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator’s stock valued at $724,000 after purchasing an additional 23 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in Domino’s Pizza by 2.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock valued at $486,000 after purchasing an additional 23 shares in the last quarter. Greenleaf Trust increased its stake in Domino’s Pizza by 3.1% during the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock valued at $358,000 after purchasing an additional 26 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Domino’s Pizza by 40.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock valued at $38,000 after purchasing an additional 26 shares in the last quarter. Finally, Larson Financial Group LLC increased its stake in Domino’s Pizza by 2.8% during the 4th quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator’s stock valued at $427,000 after purchasing an additional 28 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Price Performance

Domino’s Pizza stock opened at $425.58 on Friday. The stock has a market cap of $14.60 billion, a P/E ratio of 26.14, a PEG ratio of 2.47 and a beta of 1.06. Domino’s Pizza, Inc. has a 1 year low of $396.06 and a 1 year high of $542.75. The firm’s 50 day moving average price is $450.39 and its 200-day moving average price is $438.05.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share for the quarter, missing the consensus estimate of $4.93 by ($0.04). Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the prior year, the firm posted $4.48 EPS. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. As a group, equities analysts expect that Domino’s Pizza, Inc. will post 16.74 EPS for the current year.

Domino’s Pizza Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a $1.74 dividend. This represents a $6.96 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. Domino’s Pizza’s payout ratio is currently 41.70%.

Insider Buying and Selling

In related news, EVP Kelly E. Garcia sold 2,104 shares of the business’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total value of $917,933.12. Following the sale, the executive vice president now owns 5,699 shares in the company, valued at approximately $2,486,359.72. The trade was a 26.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Reddy Sandeep sold 1,077 shares of the business’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total transaction of $477,326.40. Following the completion of the sale, the chief financial officer now owns 8,081 shares in the company, valued at $3,581,499.20. This represents a 11.76 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,597 shares of company stock worth $3,762,052. Insiders own 0.76% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on DPZ shares. TD Cowen reiterated a “buy” rating and issued a $490.00 price target on shares of Domino’s Pizza in a research note on Monday, February 24th. Wedbush reiterated an “outperform” rating and issued a $500.00 price target on shares of Domino’s Pizza in a research note on Tuesday, February 25th. Citigroup lifted their price target on shares of Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 19th. Benchmark reiterated a “buy” rating and issued a $520.00 price target on shares of Domino’s Pizza in a research note on Tuesday, February 25th. Finally, Oppenheimer lifted their price target on shares of Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and a consensus target price of $503.41.

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.