Domino’s Pizza, Inc. (NYSE:DPZ) Shares Purchased by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale increased its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 4.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,033 shares of the restaurant operator’s stock after acquiring an additional 337 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Domino’s Pizza were worth $3,268,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Creative Financial Designs Inc. ADV boosted its position in Domino’s Pizza by 127.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock worth $34,000 after acquiring an additional 46 shares during the last quarter. KB Financial Partners LLC acquired a new position in Domino’s Pizza during the first quarter worth about $32,000. Harvest Fund Management Co. Ltd acquired a new position in Domino’s Pizza during the third quarter worth about $39,000. Jones Financial Companies Lllp acquired a new position in Domino’s Pizza during the third quarter worth about $49,000. Finally, Larson Financial Group LLC acquired a new position in Domino’s Pizza during the third quarter worth about $53,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently weighed in on DPZ. Morgan Stanley boosted their price target on shares of Domino’s Pizza from $485.00 to $515.00 and gave the stock an “overweight” rating in a research report on Friday. Citigroup boosted their target price on shares of Domino’s Pizza from $458.00 to $505.00 and gave the company a “neutral” rating in a report on Thursday. Evercore ISI boosted their target price on shares of Domino’s Pizza from $510.00 to $560.00 and gave the company an “outperform” rating in a report on Monday, April 8th. Barclays boosted their target price on shares of Domino’s Pizza from $346.00 to $405.00 and gave the company an “underweight” rating in a report on Tuesday, February 27th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $430.00 target price (up from $420.00) on shares of Domino’s Pizza in a report on Tuesday, February 27th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have issued a buy rating to the company. Based on data from MarketBeat, Domino’s Pizza has an average rating of “Moderate Buy” and a consensus target price of $455.76.

Domino’s Pizza Trading Down 1.8 %

Shares of NYSE:DPZ opened at $495.31 on Friday. Domino’s Pizza, Inc. has a 52 week low of $285.84 and a 52 week high of $508.44. The company’s 50 day moving average is $454.85 and its two-hundred day moving average is $410.57. The company has a market cap of $17.25 billion, a PE ratio of 33.76, a P/E/G ratio of 2.56 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings data on Monday, February 26th. The restaurant operator reported $4.48 EPS for the quarter, beating analysts’ consensus estimates of $4.38 by $0.10. Domino’s Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the prior year, the firm posted $4.43 EPS. The company’s quarterly revenue was up .8% compared to the same quarter last year. As a group, equities research analysts expect that Domino’s Pizza, Inc. will post 15.77 EPS for the current year.

Domino’s Pizza Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were issued a $1.51 dividend. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.21. The ex-dividend date was Thursday, March 14th. This represents a $6.04 annualized dividend and a dividend yield of 1.22%. Domino’s Pizza’s dividend payout ratio is presently 41.17%.

Insider Activity

In other news, EVP Cynthia A. Headen sold 768 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total value of $346,767.36. Following the completion of the transaction, the executive vice president now owns 4,103 shares in the company, valued at approximately $1,852,586.56. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, EVP Cynthia A. Headen sold 108 shares of the stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the completion of the sale, the executive vice president now owns 3,910 shares in the company, valued at approximately $1,935,762.80. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Cynthia A. Headen sold 768 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $451.52, for a total transaction of $346,767.36. Following the sale, the executive vice president now owns 4,103 shares of the company’s stock, valued at approximately $1,852,586.56. The disclosure for this sale can be found here. Company insiders own 0.76% of the company’s stock.

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.