Benjamin F. Edwards & Company Inc. Raises Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

Benjamin F. Edwards & Company Inc. increased its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 3,060.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,106 shares of the restaurant operator’s stock after buying an additional 1,071 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Domino’s Pizza were worth $455,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in DPZ. Amalgamated Bank raised its position in Domino’s Pizza by 3.9% in the fourth quarter. Amalgamated Bank now owns 9,534 shares of the restaurant operator’s stock valued at $3,930,000 after purchasing an additional 360 shares during the period. Natixis Advisors L.P. purchased a new position in Domino’s Pizza in the fourth quarter valued at about $5,208,000. ICW Investment Advisors LLC raised its position in Domino’s Pizza by 7.1% in the fourth quarter. ICW Investment Advisors LLC now owns 858 shares of the restaurant operator’s stock valued at $354,000 after purchasing an additional 57 shares during the period. Kestra Private Wealth Services LLC raised its position in Domino’s Pizza by 21.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 2,084 shares of the restaurant operator’s stock valued at $859,000 after purchasing an additional 373 shares during the period. Finally, Gilbert & Cook Inc. raised its position in Domino’s Pizza by 7.3% in the fourth quarter. Gilbert & Cook Inc. now owns 1,488 shares of the restaurant operator’s stock valued at $613,000 after purchasing an additional 101 shares during the period. 94.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DPZ has been the topic of several research reports. BTIG Research raised their price objective on Domino’s Pizza from $515.00 to $580.00 and gave the company a “buy” rating in a research report on Tuesday, April 30th. Benchmark lifted their target price on Domino’s Pizza from $510.00 to $575.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Wedbush reaffirmed an “outperform” rating and set a $520.00 target price on shares of Domino’s Pizza in a research report on Friday, April 26th. Royal Bank of Canada lifted their target price on Domino’s Pizza from $525.00 to $575.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 30th. Finally, TD Cowen reaffirmed a “buy” rating and set a $550.00 target price on shares of Domino’s Pizza in a research report on Monday, April 29th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and seventeen have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $516.19.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 768 shares of the business’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 transaction, the executive vice president now owns 4,103 shares in the company, valued at $1,852,586.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 745 shares of the business’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $530.30, for a total value of $395,073.50. Following 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 filing with the Securities & Exchange Commission, which is accessible 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 sale, the executive vice president now 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. Insiders have sold 13,401 shares of company stock worth $6,995,948 over the last 90 days. 0.81% of the stock is currently owned by corporate insiders.

Domino’s Pizza Trading Down 0.1 %

Shares of NYSE DPZ opened at $516.47 on Thursday. Domino’s Pizza, Inc. has a 12-month low of $285.84 and a 12-month high of $542.75. The company has a market cap of $18.01 billion, a PE ratio of 33.71, a P/E/G ratio of 2.57 and a beta of 0.83. The stock has a 50 day simple moving average of $480.76 and a 200-day simple moving average of $428.57.

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

Domino’s Pizza Announces Dividend

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

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.