Kestra Private Wealth Services LLC Has $859,000 Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

Kestra Private Wealth Services LLC increased its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 21.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,084 shares of the restaurant operator’s stock after purchasing an additional 373 shares during the period. Kestra Private Wealth Services LLC’s holdings in Domino’s Pizza were worth $859,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its stake in Domino’s Pizza by 4.2% in the 3rd quarter. Principal Financial Group Inc. now owns 1,704,241 shares of the restaurant operator’s stock worth $645,549,000 after purchasing an additional 68,317 shares during the period. FMR LLC boosted its stake in shares of Domino’s Pizza by 16.0% during the 3rd quarter. FMR LLC now owns 1,428,765 shares of the restaurant operator’s stock worth $541,202,000 after buying an additional 197,413 shares during the last quarter. International Assets Investment Management LLC boosted its stake 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 buying an additional 498,170 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Domino’s Pizza by 9.4% during the 3rd quarter. Northern Trust Corp now owns 381,443 shares of the restaurant operator’s stock worth $144,487,000 after buying an additional 32,820 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Domino’s Pizza by 4.9% during the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 300,782 shares of the restaurant operator’s stock worth $113,933,000 after buying an additional 14,013 shares during the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DPZ. Robert W. Baird increased their price objective on shares of Domino’s Pizza from $510.00 to $530.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 30th. HSBC increased their price objective on shares of Domino’s Pizza from $507.00 to $583.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th. Stifel Nicolaus raised their target price on shares of Domino’s Pizza from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Oppenheimer raised their target price on shares of Domino’s Pizza from $530.00 to $580.00 and gave the company an “outperform” rating in a research note on Tuesday, April 30th. Finally, Wells Fargo & Company raised their target price on shares of Domino’s Pizza from $475.00 to $525.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and seventeen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $516.19.

Domino’s Pizza Trading Up 0.3 %

Shares of DPZ opened at $514.33 on Friday. The firm’s 50-day moving average price is $476.68 and its 200-day moving average price is $424.42. Domino’s Pizza, Inc. has a 1-year low of $285.84 and a 1-year high of $542.75. The firm has a market capitalization of $17.94 billion, a price-to-earnings ratio of 33.57, a PEG ratio of 2.56 and a beta of 0.83.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Monday, April 29th. The restaurant operator reported $3.58 earnings per share for the quarter, beating the consensus estimate of $3.46 by $0.12. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Domino’s Pizza had a net margin of 11.90% and a negative return on equity of 13.19%. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.93 earnings per share. On average, research analysts forecast that Domino’s Pizza, Inc. will post 16 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a $1.51 dividend. The ex-dividend date is Friday, June 14th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.17%. Domino’s Pizza’s payout ratio is currently 39.43%.

Insiders Place Their Bets

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 745 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $530.30, for a total value of $395,073.50. Following the completion of the transaction, the executive vice president now directly owns 3,910 shares in the company, valued at $2,073,473. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, EVP Cynthia A. Headen sold 745 shares of the company’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $530.30, for a total transaction of $395,073.50. Following the completion of the transaction, the executive vice president now owns 3,910 shares in the company, valued at $2,073,473. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Russell J. Weiner sold 11,780 shares of the company’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $526.37, for a total transaction of $6,200,638.60. Following the transaction, the chief executive officer now owns 32,001 shares of the company’s stock, valued at approximately $16,844,366.37. The disclosure for this sale can be found here. Insiders sold a total of 13,401 shares of company stock worth $6,995,948 over the last three months. 0.76% of the stock is currently owned by company insiders.

Domino’s Pizza 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.