Domino’s Pizza (NYSE:DPZ) Price Target Increased to $480.00 by Analysts at Jefferies Financial Group

Domino’s Pizza (NYSE:DPZ) had its target price hoisted by Jefferies Financial Group from $455.00 to $480.00 in a report released on Tuesday morning, Benzinga reports. The firm currently has a hold rating on the restaurant operator’s stock.

A number of other research firms also recently commented on DPZ. Oppenheimer reaffirmed an outperform rating and set a $470.00 target price on shares of Domino’s Pizza in a report on Thursday, February 22nd. Stifel Nicolaus raised their target price on shares of Domino’s Pizza from $500.00 to $550.00 and gave the stock a buy rating in a report on Thursday, April 11th. UBS Group upped their price target on shares of Domino’s Pizza from $526.00 to $570.00 and gave the company a buy rating in a report on Tuesday. Sanford C. Bernstein raised Domino’s Pizza from an underperform rating to a market perform rating and increased their price target for the stock from $330.00 to $370.00 in a research report on Tuesday, January 9th. Finally, Barclays boosted their price objective on Domino’s Pizza from $346.00 to $405.00 and gave the company an underweight rating in a report on Tuesday, February 27th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of Moderate Buy and a consensus target price of $460.90.

Domino’s Pizza Trading Down 0.3 %

NYSE:DPZ opened at $486.73 on Tuesday. Domino’s Pizza has a twelve month low of $285.84 and a twelve month high of $508.44. The company has a market cap of $16.95 billion, a PE ratio of 33.18, a P/E/G ratio of 2.50 and a beta of 0.86. The company’s 50 day moving average is $457.56 and its two-hundred day moving average is $412.51.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings data on Monday, February 26th. The restaurant operator reported $4.48 earnings per share for the quarter, beating analysts’ consensus estimates of $4.38 by $0.10. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.42 billion. Domino’s Pizza had a net margin of 11.59% and a negative return on equity of 12.56%. The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the company earned $4.43 earnings per share. As a group, analysts expect that Domino’s Pizza will post 15.78 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid 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 1.24%. Domino’s Pizza’s dividend payout ratio is 41.17%.

Insider Activity at Domino’s Pizza

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 completion of the transaction, the executive vice president now owns 3,910 shares of the company’s stock, valued at $1,935,762.80. The sale was disclosed in a legal filing 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 dated Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total transaction of $53,468.64. Following the transaction, the executive vice president now owns 3,910 shares of the company’s stock, valued at approximately $1,935,762.80. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 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 transaction, the executive vice president now directly 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. 0.81% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tritonpoint Wealth LLC acquired a new position in Domino’s Pizza during the 4th quarter worth approximately $1,980,000. Nisa Investment Advisors LLC lifted its holdings in Domino’s Pizza by 353.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 4,091 shares of the restaurant operator’s stock worth $1,686,000 after buying an additional 3,189 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of Domino’s Pizza by 39,287.9% during the 4th quarter. International Assets Investment Management LLC now owns 499,438 shares of the restaurant operator’s stock worth $205,883,000 after acquiring an additional 498,170 shares in the last quarter. Deutsche Bank AG raised its position in shares of Domino’s Pizza by 41.2% during the 3rd quarter. Deutsche Bank AG now owns 112,487 shares of the restaurant operator’s stock worth $42,609,000 after acquiring an additional 32,797 shares in the last quarter. Finally, HB Wealth Management LLC purchased a new position in Domino’s Pizza in the fourth quarter valued at approximately $269,000. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino’s Pizza Company Profile

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.