Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Bought by TD Private Client Wealth LLC

TD Private Client Wealth LLC lifted its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 35.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 196 shares of the restaurant operator’s stock after purchasing an additional 51 shares during the period. TD Private Client Wealth LLC’s holdings in Domino’s Pizza were worth $82,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in DPZ. Sherman Asset Management Inc. bought a new position in shares of Domino’s Pizza in the fourth quarter valued at $25,000. True Wealth Design LLC raised its position in shares of Domino’s Pizza by 2,033.3% during the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 61 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Domino’s Pizza by 40.0% during the fourth 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 during the last quarter. Lee Danner & Bass Inc. acquired a new position in shares of Domino’s Pizza in the 4th quarter valued at $42,000. Finally, Private Trust Co. NA increased its stake in Domino’s Pizza by 34.3% in the 4th quarter. Private Trust Co. NA now owns 145 shares of the restaurant operator’s stock worth $61,000 after purchasing an additional 37 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Stock Performance

Shares of NASDAQ:DPZ opened at $460.27 on Wednesday. The stock’s 50-day moving average is $456.96 and its 200-day moving average is $440.66. The company has a market cap of $15.79 billion, a P/E ratio of 28.27, a P/E/G ratio of 2.47 and a beta of 1.06. Domino’s Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75.

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

Domino’s Pizza Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a $1.74 dividend. The ex-dividend date is Friday, March 14th. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.51. This represents a $6.96 dividend on an annualized basis and a yield of 1.51%. Domino’s Pizza’s dividend payout ratio is 41.70%.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Oppenheimer raised their target price on shares of Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Argus cut shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. TD Cowen restated a “buy” rating and issued a $490.00 target price on shares of Domino’s Pizza in a report on Monday, February 24th. BMO Capital Markets lifted their price target on Domino’s Pizza from $500.00 to $515.00 and gave the company an “outperform” rating in a report on Tuesday, February 25th. Finally, Barclays increased their price objective on Domino’s Pizza from $402.00 to $420.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $503.41.

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.