Domino’s Pizza, Inc. (NYSE:DPZ) Shares Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. grew its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 54.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,924 shares of the restaurant operator’s stock after acquiring an additional 1,389 shares during the quarter. Vontobel Holding Ltd.’s holdings in Domino’s Pizza were worth $1,618,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in DPZ. Turtle Creek Wealth Advisors LLC bought a new position in shares of Domino’s Pizza in the 4th quarter worth about $25,000. Creative Financial Designs Inc. ADV grew its stake in shares of Domino’s Pizza by 127.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 46 shares in the last quarter. KB Financial Partners LLC acquired a new position in shares of Domino’s Pizza during the first quarter valued at $32,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Domino’s Pizza during the third quarter valued at about $39,000. Finally, Jones Financial Companies Lllp acquired a new stake in Domino’s Pizza in the third quarter worth about $49,000. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Stock Down 1.7 %

Shares of Domino’s Pizza stock opened at $473.55 on Friday. The stock has a market cap of $16.49 billion, a PE ratio of 32.28, a price-to-earnings-growth ratio of 2.52 and a beta of 0.86. Domino’s Pizza, Inc. has a 12 month low of $285.84 and a 12 month high of $508.44. The business has a fifty day simple moving average of $460.83 and a 200-day simple moving average of $414.11.

Domino’s Pizza (NYSE:DPZ) last released 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. The company had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Domino’s Pizza had a negative return on equity of 12.56% and a net margin of 11.59%. The business’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.43 EPS. Analysts expect that Domino’s Pizza, Inc. will post 15.72 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.28%. The ex-dividend date was Thursday, March 14th. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.21. Domino’s Pizza’s dividend payout ratio is currently 41.17%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Argus raised shares of Domino’s Pizza from a “hold” rating to a “buy” rating and set a $530.00 target price on the stock in a research note on Tuesday, February 27th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $430.00 target price (up previously from $420.00) on shares of Domino’s Pizza in a report on Tuesday, February 27th. Piper Sandler increased their price target on Domino’s Pizza from $400.00 to $435.00 and gave the company a “neutral” rating in a research note on Tuesday, February 27th. BMO Capital Markets lifted their price target on Domino’s Pizza from $475.00 to $535.00 and gave the company an “outperform” rating in a research report on Tuesday, February 27th. Finally, TD Cowen restated a “buy” rating and issued a $550.00 price objective on shares of Domino’s Pizza in a report on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $460.90.

Insiders Place Their Bets

In other news, EVP Cynthia A. Headen sold 108 shares of the business’s 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 transaction, the executive vice president now directly owns 3,910 shares in the company, valued at approximately $1,935,762.80. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, EVP Cynthia A. Headen sold 108 shares of Domino’s Pizza stock in a transaction 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 owns 3,910 shares of the company’s stock, valued at $1,935,762.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Cynthia A. Headen sold 768 shares of the company’s stock in a transaction dated Wednesday, March 13th. The stock was 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 directly owns 4,103 shares in the company, valued at $1,852,586.56. The disclosure for this sale can be found here. 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.