Yousif Capital Management LLC Sells 85 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Yousif Capital Management LLC trimmed its holdings in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 2.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,262 shares of the restaurant operator’s stock after selling 85 shares during the period. Yousif Capital Management LLC’s holdings in Domino’s Pizza were worth $1,958,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Allspring Global Investments Holdings LLC lifted its stake in Domino’s Pizza by 43.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 32,521 shares of the restaurant operator’s stock valued at $14,144,000 after purchasing an additional 9,877 shares during the last quarter. Asset Management One Co. Ltd. raised its stake in shares of Domino’s Pizza by 4.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 13,762 shares of the restaurant operator’s stock valued at $5,912,000 after buying an additional 578 shares during the period. Vontobel Holding Ltd. lifted its position in shares of Domino’s Pizza by 26.2% during the 4th quarter. Vontobel Holding Ltd. now owns 9,581 shares of the restaurant operator’s stock valued at $4,022,000 after buying an additional 1,988 shares during the last quarter. Principal Securities Inc. grew its stake in shares of Domino’s Pizza by 3.3% during the 4th quarter. Principal Securities Inc. now owns 1,076 shares of the restaurant operator’s stock worth $452,000 after acquiring an additional 34 shares during the period. Finally, Allworth Financial LP grew its stake in shares of Domino’s Pizza by 37.6% during the 4th quarter. Allworth Financial LP now owns 150 shares of the restaurant operator’s stock worth $66,000 after acquiring an additional 41 shares during the period. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Stock Performance

Shares of NASDAQ:DPZ opened at $452.15 on Monday. The firm has a market capitalization of $15.48 billion, a PE ratio of 27.77, a price-to-earnings-growth ratio of 2.47 and a beta of 1.11. Domino’s Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $535.98. The firm has a fifty day moving average of $474.07 and a 200 day moving average of $458.33.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $0.21. The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.12 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.58 earnings per share. On average, sell-side analysts forecast that Domino’s Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a $1.74 dividend. This represents a $6.96 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend is Friday, June 13th. Domino’s Pizza’s dividend payout ratio is currently 39.91%.

Analyst Upgrades and Downgrades

Several research firms have commented on DPZ. Benchmark upped their price objective on shares of Domino’s Pizza from $520.00 to $535.00 and gave the company a “buy” rating in a report on Tuesday, April 29th. Guggenheim restated a “neutral” rating on shares of Domino’s Pizza in a research note on Thursday, May 15th. Wedbush reaffirmed an “outperform” rating and issued a $500.00 price objective on shares of Domino’s Pizza in a report on Tuesday, February 25th. TD Securities reissued a “buy” rating and set a $490.00 target price on shares of Domino’s Pizza in a report on Monday, April 28th. Finally, Argus restated a “hold” rating and set a $490.00 target price on shares of Domino’s Pizza in a research report on Tuesday, April 29th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $487.17.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Reddy Sandeep sold 399 shares of the business’s stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total value of $184,409.82. Following the completion of the sale, the executive vice president now owns 8,756 shares of the company’s stock, valued at approximately $4,046,848.08. The trade was a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.83% of the company’s stock.

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.