XTX Topco Ltd Makes New Investment in Domino’s Pizza, Inc. (NASDAQ:DPZ)

XTX Topco Ltd purchased a new stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) during the fourth quarter, Holdings Channel.com reports. The firm purchased 1,069 shares of the restaurant operator’s stock, valued at approximately $449,000.

Other hedge funds have also made changes to their positions in the company. Sherman Asset Management Inc. acquired a new stake in shares of Domino’s Pizza in the fourth quarter worth $25,000. Brown Brothers Harriman & Co. boosted its position in Domino’s Pizza by 1,016.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 61 shares during the period. Covestor Ltd grew its stake in Domino’s Pizza by 158.1% during the 4th quarter. Covestor Ltd now owns 80 shares of the restaurant operator’s stock valued at $34,000 after acquiring an additional 49 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Domino’s Pizza by 40.0% in 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 during the period. Finally, Lee Danner & Bass Inc. acquired a new stake in shares of Domino’s Pizza during the fourth quarter worth approximately $42,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

DPZ has been the subject of a number of research analyst reports. TD Cowen reiterated a “buy” rating and issued a $490.00 target price on shares of Domino’s Pizza in a research report on Monday, February 24th. Oppenheimer lifted their price objective on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Argus downgraded Domino’s Pizza from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. TD Securities reissued a “buy” rating and issued a $490.00 price target on shares of Domino’s Pizza in a research note on Monday, March 31st. Finally, Barclays lifted their target price on shares of Domino’s Pizza from $402.00 to $420.00 and gave the company an “underweight” rating in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $496.88.

Insider Transactions at Domino’s Pizza

In related news, EVP Kelly E. Garcia sold 2,104 shares of the company’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total transaction of $917,933.12. Following the transaction, the executive vice president now owns 5,699 shares in the company, valued at $2,486,359.72. This represents a 26.96 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Reddy Sandeep sold 1,077 shares of the firm’s stock in a transaction dated 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 owns 8,081 shares of the company’s stock, valued at $3,581,499.20. The trade was a 11.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,996 shares of company stock valued at $3,946,461 in the last three months. 0.83% of the stock is owned by corporate insiders.

Domino’s Pizza Trading Up 0.3 %

DPZ stock opened at $468.27 on Tuesday. The firm has a market cap of $16.06 billion, a P/E ratio of 28.76, a P/E/G ratio of 2.47 and a beta of 1.15. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75. The business’s 50 day moving average is $461.87 and its 200-day moving average is $446.29.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) 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 company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the prior year, the company earned $4.48 earnings per share. The business’s revenue was up 2.9% compared to the same quarter last year. Sell-side analysts forecast that Domino’s Pizza, Inc. will post 16.74 EPS for the current year.

Domino’s Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a dividend of $1.74 per share. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date was Friday, March 14th. This represents a $6.96 annualized dividend and a dividend yield of 1.49%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 41.70%.

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.