National Pension Service Sells 57,474 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

National Pension Service cut its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 99.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 566 shares of the restaurant operator’s stock after selling 57,474 shares during the period. National Pension Service’s holdings in Domino’s Pizza were worth $238,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Berkshire Hathaway Inc purchased a new position in shares of Domino’s Pizza during the 3rd quarter worth about $549,399,000. Janney Montgomery Scott LLC boosted its stake in shares of Domino’s Pizza by 278.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator’s stock worth $4,643,000 after purchasing an additional 8,136 shares during the period. Empowered Funds LLC boosted its stake in shares of Domino’s Pizza by 44.6% during the 4th quarter. Empowered Funds LLC now owns 5,713 shares of the restaurant operator’s stock worth $2,398,000 after purchasing an additional 1,762 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Domino’s Pizza by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator’s stock worth $98,545,000 after purchasing an additional 2,201 shares during the period. Finally, Commerce Bank boosted its stake in shares of Domino’s Pizza by 17.7% during the 3rd quarter. Commerce Bank now owns 9,354 shares of the restaurant operator’s stock worth $4,024,000 after purchasing an additional 1,404 shares during the period. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Stock Up 1.5 %

NASDAQ DPZ opened at $489.71 on Friday. The firm has a market cap of $16.80 billion, a PE ratio of 30.08, a price-to-earnings-growth ratio of 2.47 and a beta of 0.90. The company has a 50 day moving average price of $444.92 and a 200 day moving average price of $436.26. 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 posted its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 EPS for the quarter, missing the consensus estimate of $4.93 by ($0.04). The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.47 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The company’s revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the firm earned $4.48 EPS. On average, equities research analysts anticipate that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current fiscal 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 paid 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 of this dividend is Friday, March 14th. This represents a $6.96 dividend on an annualized basis and a yield of 1.42%. Domino’s Pizza’s dividend payout ratio is presently 41.70%.

Analysts Set New Price Targets

A number of equities analysts recently commented on DPZ shares. Argus cut shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Robert W. Baird lowered their price objective on shares of Domino’s Pizza from $545.00 to $510.00 and set an “outperform” rating for the company in a research report on Tuesday, February 25th. BMO Capital Markets boosted their price objective on shares of Domino’s Pizza from $500.00 to $515.00 and gave the company an “outperform” rating in a research report on Tuesday, February 25th. Morgan Stanley lowered their price objective on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. Finally, Barclays boosted their price objective on shares of Domino’s Pizza from $402.00 to $420.00 and gave the company an “underweight” rating in a research report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $503.41.

Domino’s Pizza 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.