Raymond James & Associates Grows Stake in Domino’s Pizza, Inc. (NYSE:DPZ)

Raymond James & Associates increased its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZFree Report) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,028 shares of the restaurant operator’s stock after purchasing an additional 2,221 shares during the quarter. Raymond James & Associates owned approximately 0.15% of Domino’s Pizza worth $21,447,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. LVW Advisors LLC acquired a new position in Domino’s Pizza in the fourth quarter valued at $394,000. Wealthsource Partners LLC grew its position in shares of Domino’s Pizza by 2.0% during the fourth quarter. Wealthsource Partners LLC now owns 1,284 shares of the restaurant operator’s stock worth $529,000 after acquiring an additional 25 shares during the last quarter. HB Wealth Management LLC acquired a new position in shares of Domino’s Pizza in the 4th quarter valued at $269,000. Brookstone Capital Management boosted its stake in Domino’s Pizza by 1.4% during the 4th quarter. Brookstone Capital Management now owns 5,304 shares of the restaurant operator’s stock worth $2,186,000 after purchasing an additional 75 shares during the period. Finally, Contravisory Investment Management Inc. grew its position in Domino’s Pizza by 47.0% during the 4th quarter. Contravisory Investment Management Inc. now owns 1,285 shares of the restaurant operator’s stock worth $530,000 after purchasing an additional 411 shares during the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Insider Buying and Selling at Domino’s Pizza

In related news, EVP Cynthia A. Headen sold 768 shares of the stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $451.52, for a total transaction of $346,767.36. Following the completion of the transaction, the executive vice president now owns 4,103 shares in the company, valued at $1,852,586.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.76% of the company’s stock.

Domino’s Pizza Stock Performance

NYSE:DPZ opened at $496.88 on Monday. The stock’s fifty day moving average price is $440.49 and its two-hundred day moving average price is $402.98. The company has a market cap of $17.31 billion, a price-to-earnings ratio of 33.87, a P/E/G ratio of 2.51 and a beta of 0.85. Domino’s Pizza, Inc. has a 52-week low of $285.84 and a 52-week high of $497.14.

Domino’s Pizza (NYSE:DPZGet Free Report) last posted its earnings results on Monday, February 26th. The restaurant operator reported $4.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.38 by $0.10. The company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.42 billion. Domino’s Pizza had a negative return on equity of 12.56% and a net margin of 11.59%. The company’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the company earned $4.43 EPS. On average, equities analysts predict that Domino’s Pizza, Inc. will post 15.74 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

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

Analysts Set New Price Targets

Several brokerages recently issued reports on DPZ. Stephens boosted their price target on Domino’s Pizza from $365.00 to $400.00 and gave the company an “equal weight” rating in a research report on Friday, December 8th. Gordon Haskett raised Domino’s Pizza from a “hold” rating to a “buy” rating and set a $467.00 price objective for the company in a report on Tuesday, January 16th. Stifel Nicolaus upped their target price on Domino’s Pizza from $440.00 to $470.00 and gave the company a “buy” rating in a report on Thursday, January 4th. Barclays lifted their price objective on Domino’s Pizza from $346.00 to $405.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 27th. Finally, BMO Capital Markets upped their target price on Domino’s Pizza from $475.00 to $535.00 and gave the company an “outperform” rating in a research note on Tuesday, February 27th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have given a buy rating to the stock. According to MarketBeat, Domino’s Pizza presently has an average rating of “Moderate Buy” and an average price target of $441.79.

Get Our Latest Analysis on Domino’s Pizza

Domino’s Pizza Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Domino's Pizza (NYSE:DPZ)

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