Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Purchased by AdvisorShares Investments LLC

AdvisorShares Investments LLC raised its holdings in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 325.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,418 shares of the restaurant operator’s stock after acquiring an additional 1,085 shares during the quarter. AdvisorShares Investments LLC’s holdings in Domino’s Pizza were worth $595,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of DPZ. KG&L Capital Management LLC increased its stake in shares of Domino’s Pizza by 1.4% in the 4th quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator’s stock valued at $724,000 after buying an additional 23 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of Domino’s Pizza by 2.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock worth $486,000 after acquiring an additional 23 shares in the last quarter. Greenleaf Trust increased its stake in Domino’s Pizza by 3.1% in the fourth 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 lifted its holdings in shares of Domino’s Pizza by 2.8% in the fourth 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 hedge funds and other institutional investors.

Insider Activity at Domino’s Pizza

In other Domino’s Pizza news, CFO Reddy Sandeep sold 1,077 shares of the business’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 sale, the chief financial officer now directly owns 8,081 shares in the company, valued at approximately $3,581,499.20. The trade was a 11.76 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kelly E. Garcia sold 2,104 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total transaction of $917,933.12. Following the completion of the sale, the executive vice president now owns 5,699 shares in the company, valued at $2,486,359.72. The trade was a 26.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,996 shares of company stock worth $3,946,461 in the last quarter. Company insiders own 0.83% of the company’s stock.

Domino’s Pizza Price Performance

Shares of Domino’s Pizza stock opened at $490.64 on Tuesday. The stock has a market cap of $16.83 billion, a price-to-earnings ratio of 30.14, a PEG ratio of 2.47 and a beta of 1.15. The firm’s 50-day moving average is $462.91 and its two-hundred day moving average is $448.85. Domino’s Pizza, Inc. has a 1 year low of $396.06 and a 1 year high of $542.75.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $4.12 by $0.21. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.58 earnings per share. On average, equities analysts expect that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino’s Pizza Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a yield of 1.42%. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend was Friday, March 14th. Domino’s Pizza’s payout ratio is 41.70%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on DPZ shares. Argus downgraded Domino’s Pizza from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Robert W. Baird increased their price target on shares of Domino’s Pizza from $500.00 to $535.00 and gave the company an “outperform” rating in a research report on Wednesday, April 23rd. BTIG Research set a $530.00 target price on Domino’s Pizza and gave the stock a “buy” rating in a report on Monday. TD Cowen restated a “buy” rating and set a $490.00 price target on shares of Domino’s Pizza in a report on Monday, February 24th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 price target on shares of Domino’s Pizza in a report on Tuesday, April 1st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $500.68.

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.