878 Shares in Domino’s Pizza, Inc. (NYSE:DPZ) Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC acquired a new stake in Domino’s Pizza, Inc. (NYSE:DPZ) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 878 shares of the restaurant operator’s stock, valued at approximately $362,000.

A number of other institutional investors also recently bought and sold shares of the business. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Domino’s Pizza during the fourth quarter worth about $25,000. Fortune Financial Advisors LLC lifted its position in Domino’s Pizza by 5.0% during the 4th quarter. Fortune Financial Advisors LLC now owns 1,702 shares of the restaurant operator’s stock worth $702,000 after acquiring an additional 81 shares during the period. Moseley Investment Management Inc. grew its stake in shares of Domino’s Pizza by 32.9% in the 4th quarter. Moseley Investment Management Inc. now owns 1,350 shares of the restaurant operator’s stock valued at $557,000 after purchasing an additional 334 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Domino’s Pizza by 353.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 4,091 shares of the restaurant operator’s stock valued at $1,686,000 after purchasing an additional 3,189 shares during the period. Finally, Narwhal Capital Management purchased a new stake in shares of Domino’s Pizza during the fourth quarter worth approximately $595,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Stock Down 0.1 %

NYSE DPZ opened at $481.66 on Friday. Domino’s Pizza, Inc. has a fifty-two week low of $285.84 and a fifty-two week high of $508.44. The business has a fifty day moving average of $459.86 and a 200-day moving average of $413.47. The stock has a market cap of $16.78 billion, a price-to-earnings ratio of 32.83, a price-to-earnings-growth ratio of 2.46 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last announced its earnings results on Monday, February 26th. The restaurant operator reported $4.48 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter in the previous year, the company posted $4.43 EPS. The firm’s revenue for the quarter was up .8% on a year-over-year basis. As a group, analysts anticipate that Domino’s Pizza, Inc. will post 15.76 EPS for the current year.

Domino’s Pizza Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders 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. This represents a $6.04 annualized dividend and a yield of 1.25%. The ex-dividend date was Thursday, March 14th. Domino’s Pizza’s payout ratio is presently 41.17%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on DPZ shares. Piper Sandler lifted their price objective on shares of Domino’s Pizza from $400.00 to $435.00 and gave the company a “neutral” rating in a research report on Tuesday, February 27th. Jefferies Financial Group boosted their price target on shares of Domino’s Pizza from $455.00 to $480.00 and gave the stock a “hold” rating in a research note on Tuesday. TD Cowen reissued a “buy” rating and set a $550.00 price target on shares of Domino’s Pizza in a report on Wednesday, April 10th. Morgan Stanley lifted their price objective on Domino’s Pizza from $485.00 to $515.00 and gave the company an “overweight” rating in a report on Friday, April 12th. Finally, UBS Group boosted their target price on Domino’s Pizza from $526.00 to $570.00 and gave the stock a “buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have given a buy rating to the company’s stock. Based on data from MarketBeat, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and an average price target of $460.90.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Cynthia A. Headen sold 768 shares of the firm’s 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 in the company, valued at $1,852,586.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Cynthia A. Headen sold 768 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $1,852,586.56. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Cynthia A. Headen sold 108 shares of the firm’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was 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 directly owns 3,910 shares in the company, valued at $1,935,762.80. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by insiders.

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.