Robeco Institutional Asset Management B.V. Boosts Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

Robeco Institutional Asset Management B.V. grew its holdings in Domino’s Pizza, Inc. (NYSE:DPZ – Get Rating) by 4.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 30,040 shares of the restaurant operator’s stock after purchasing an additional 1,410 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Domino’s Pizza were worth $9,317,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Marks Group Wealth Management Inc boosted its stake in shares of Domino’s Pizza by 8.8% in the second quarter. Marks Group Wealth Management Inc now owns 582 shares of the restaurant operator’s stock valued at $227,000 after purchasing an additional 47 shares during the period. National Bank of Canada FI boosted its stake in shares of Domino’s Pizza by 43.8% in the third quarter. National Bank of Canada FI now owns 35,203 shares of the restaurant operator’s stock valued at $10,934,000 after purchasing an additional 10,716 shares during the period. Fred Alger Management LLC boosted its stake in shares of Domino’s Pizza by 141.7% in the third quarter. Fred Alger Management LLC now owns 198,020 shares of the restaurant operator’s stock valued at $61,426,000 after purchasing an additional 116,100 shares during the period. Fundamentun LLC boosted its stake in shares of Domino’s Pizza by 6.6% in the second quarter. Fundamentun LLC now owns 916 shares of the restaurant operator’s stock valued at $357,000 after purchasing an additional 57 shares during the period. Finally, Advisory Research Inc. boosted its stake in shares of Domino’s Pizza by 184.7% in the second quarter. Advisory Research Inc. now owns 3,200 shares of the restaurant operator’s stock valued at $1,247,000 after purchasing an additional 2,076 shares during the period. Hedge funds and other institutional investors own 90.32% of the company’s stock.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, Director Patricia E. Lopez sold 244 shares of the company’s stock in a transaction dated Friday, December 23rd. The shares were sold at an average price of $351.93, for a total value of $85,870.92. Following the transaction, the director now directly owns 1,519 shares in the company, valued at approximately $534,581.67. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Domino’s Pizza news, Director Patricia E. Lopez sold 244 shares of the company’s stock in a transaction dated Friday, December 23rd. The shares were sold at an average price of $351.93, for a total value of $85,870.92. Following the transaction, the director now directly owns 1,519 shares in the company, valued at approximately $534,581.67. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Cynthia A. Headen sold 136 shares of the company’s stock in a transaction dated Monday, March 13th. The shares were sold at an average price of $300.00, for a total transaction of $40,800.00. Following the completion of the transaction, the executive vice president now owns 4,867 shares in the company, valued at $1,460,100. The disclosure for this sale can be found here. 1.12% of the stock is owned by insiders.

Domino’s Pizza Stock Down 1.0 %

Domino’s Pizza stock opened at $310.67 on Friday. Domino’s Pizza, Inc. has a 52 week low of $291.00 and a 52 week high of $426.44. The firm’s 50-day simple moving average is $335.21 and its 200 day simple moving average is $343.80. The firm has a market capitalization of $11.00 billion, a PE ratio of 24.77, a P/E/G ratio of 1.97 and a beta of 0.76.

Domino’s Pizza (NYSE:DPZ – Get Rating) last released its quarterly earnings data on Thursday, February 23rd. The restaurant operator reported $4.43 EPS for the quarter, topping the consensus estimate of $3.92 by $0.51. Domino’s Pizza had a net margin of 9.97% and a negative return on equity of 10.71%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same period in the previous year, the firm earned $4.25 EPS. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. On average, research analysts expect that Domino’s Pizza, Inc. will post 12.93 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 30th. Shareholders of record on Wednesday, March 15th will be issued a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a yield of 1.56%. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.10. The ex-dividend date is Tuesday, March 14th. Domino’s Pizza’s dividend payout ratio is 38.60%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Wells Fargo & Company assumed coverage on shares of Domino’s Pizza in a research note on Monday, January 23rd. They issued an “equal weight” rating and a $360.00 price target for the company. Morgan Stanley decreased their price target on shares of Domino’s Pizza from $430.00 to $405.00 and set an “overweight” rating for the company in a research note on Friday, February 24th. Gordon Haskett downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating and decreased their price target for the stock from $344.00 to $315.00 in a research note on Friday, March 3rd. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Domino’s Pizza from $351.00 to $334.00 and set a “hold” rating for the company in a research note on Monday, February 27th. Finally, StockNews.com initiated coverage on shares of Domino’s Pizza in a research note on Thursday. They issued a “hold” rating for the company. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $361.12.

Domino’s Pizza Profile

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Domino’s Pizza, Inc engages in the management of a network of company-owned and franchise-owned pizza stores. It operates through the following segments: U.S. Stores, International Franchise, and Supply Chain. The U.S. Stores segment consists primarily of franchise operations. The International Franchise segment comprises a network of franchised stores.