Stephens Investment Management Group LLC Grows Position in Domino’s Pizza, Inc. (NYSE:DPZ)

Stephens Investment Management Group LLC increased its position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 9.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 171,149 shares of the restaurant operator’s stock after buying an additional 14,570 shares during the period. Stephens Investment Management Group LLC owned about 0.48% of Domino’s Pizza worth $56,457,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in DPZ. Norges Bank purchased a new stake in shares of Domino’s Pizza during the fourth quarter worth approximately $369,800,000. Van ECK Associates Corp purchased a new stake in shares of Domino’s Pizza during the first quarter worth approximately $102,420,000. T. Rowe Price Investment Management Inc. increased its stake in Domino’s Pizza by 23.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,616,607 shares of the restaurant operator’s stock valued at $559,993,000 after purchasing an additional 306,750 shares during the last quarter. Schonfeld Strategic Advisors LLC increased its stake in Domino’s Pizza by 966.0% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 289,535 shares of the restaurant operator’s stock valued at $100,295,000 after purchasing an additional 262,373 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in Domino’s Pizza by 47.8% in the first quarter. Renaissance Technologies LLC now owns 761,325 shares of the restaurant operator’s stock valued at $251,138,000 after purchasing an additional 246,300 shares during the last quarter. 92.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 382 shares of the firm’s stock in a transaction on Wednesday, July 12th. The stock was sold at an average price of $400.00, for a total value of $152,800.00. Following the completion of the sale, the executive vice president now owns 4,333 shares of the company’s stock, valued at $1,733,200. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last quarter, insiders sold 427 shares of company stock valued at $170,095. 0.76% of the stock is owned by company insiders.

Domino’s Pizza Stock Performance

Domino’s Pizza stock traded down $1.98 during midday trading on Friday, reaching $387.37. The company’s stock had a trading volume of 421,660 shares, compared to its average volume of 382,046. Domino’s Pizza, Inc. has a fifty-two week low of $285.84 and a fifty-two week high of $409.95. The stock’s 50 day simple moving average is $383.73 and its 200 day simple moving average is $338.95. The firm has a market capitalization of $13.59 billion, a PE ratio of 29.28, a P/E/G ratio of 2.19 and a beta of 0.85.

Domino’s Pizza (NYSE:DPZ) last released its earnings results on Monday, July 24th. The restaurant operator reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $3.06 by $0.02. Domino’s Pizza had a negative return on equity of 11.24% and a net margin of 10.49%. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the company earned $2.82 earnings per share. Domino’s Pizza’s quarterly revenue was down 3.8% compared to the same quarter last year. Equities analysts predict that Domino’s Pizza, Inc. will post 13.72 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be issued a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date is Thursday, September 14th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 36.58%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Royal Bank of Canada increased their price target on shares of Domino’s Pizza from $440.00 to $460.00 and gave the company an “outperform” rating in a research note on Wednesday, August 30th. StockNews.com assumed coverage on shares of Domino’s Pizza in a research note on Thursday, August 17th. They issued a “hold” rating on the stock. BTIG Research increased their price target on shares of Domino’s Pizza from $400.00 to $465.00 and gave the company a “buy” rating in a research note on Wednesday, July 19th. Robert W. Baird increased their price target on shares of Domino’s Pizza from $360.00 to $390.00 in a research note on Tuesday, July 25th. Finally, Wedbush increased their price target on shares of Domino’s Pizza from $430.00 to $445.00 and gave the company an “outperform” rating in a research note on Monday, July 24th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $396.14.

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.