Assenagon Asset Management S.A. Has $2.09 Million Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

Assenagon Asset Management S.A. lessened its stake in Domino’s Pizza, Inc. (NYSE:DPZFree Report) by 73.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,069 shares of the restaurant operator’s stock after selling 14,194 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Domino’s Pizza were worth $2,090,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in DPZ. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Domino’s Pizza by 6.6% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,869 shares of the restaurant operator’s stock valued at $1,982,000 after buying an additional 302 shares during the period. Cibc World Market Inc. boosted its holdings in shares of Domino’s Pizza by 15.3% in the first quarter. Cibc World Market Inc. now owns 6,303 shares of the restaurant operator’s stock valued at $2,565,000 after buying an additional 838 shares during the period. Sei Investments Co. boosted its holdings in shares of Domino’s Pizza by 2.3% in the first quarter. Sei Investments Co. now owns 15,131 shares of the restaurant operator’s stock valued at $6,034,000 after buying an additional 339 shares during the period. Aviva PLC lifted its position in shares of Domino’s Pizza by 35.3% in the first quarter. Aviva PLC now owns 17,279 shares of the restaurant operator’s stock worth $7,033,000 after purchasing an additional 4,505 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its position in shares of Domino’s Pizza by 1,387.6% in the first quarter. Canada Pension Plan Investment Board now owns 1,800 shares of the restaurant operator’s stock worth $733,000 after purchasing an additional 1,679 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Insiders Place Their Bets

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 108 shares of the stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the sale, the executive vice president now directly owns 3,910 shares in the company, valued at $1,935,762.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 108 shares of the stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the sale, the executive vice president now directly owns 3,910 shares in the company, valued at $1,935,762.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Cynthia A. Headen sold 768 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president now owns 4,103 shares in the company, valued at $1,852,586.56. The disclosure for this sale can be found here. Corporate insiders own 0.81% of the company’s stock.

Domino’s Pizza Stock Performance

DPZ stock opened at $506.46 on Thursday. The company’s 50-day simple moving average is $444.94 and its 200 day simple moving average is $405.13. Domino’s Pizza, Inc. has a 52 week low of $285.84 and a 52 week high of $508.44. The company has a market capitalization of $17.64 billion, a PE ratio of 34.52, a price-to-earnings-growth ratio of 2.50 and a beta of 0.86.

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

Domino’s Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a yield of 1.19%. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.21. The ex-dividend date was Thursday, March 14th. Domino’s Pizza’s dividend payout ratio is presently 41.17%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on DPZ shares. Wedbush reissued an “outperform” rating and issued a $520.00 price objective (up previously from $445.00) on shares of Domino’s Pizza in a research report on Monday, February 26th. Sanford C. Bernstein raised shares of Domino’s Pizza from an “underperform” rating to a “market perform” rating and boosted their price objective for the stock from $330.00 to $370.00 in a research report on Tuesday, January 9th. Argus raised shares of Domino’s Pizza from a “hold” rating to a “buy” rating and set a $530.00 price objective on the stock in a research report on Tuesday, February 27th. Stephens boosted their price objective on shares of Domino’s Pizza from $365.00 to $400.00 and gave the stock an “equal weight” rating in a research report on Friday, December 8th. Finally, BMO Capital Markets boosted their price objective on shares of Domino’s Pizza from $475.00 to $535.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 27th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $442.66.

Check Out Our Latest Report on DPZ

Domino’s Pizza Company 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.

Further Reading

Want to see what other hedge funds are holding DPZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Domino’s Pizza, Inc. (NYSE:DPZFree Report).

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

Receive News & Ratings for Domino's Pizza Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza and related companies with MarketBeat.com's FREE daily email newsletter.