Domino’s Pizza Inc (NASDAQ:DPZ) Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC raised its stake in Domino’s Pizza Inc (NASDAQ:DPZ) by 7.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 703 shares of the restaurant operator’s stock after acquiring an additional 46 shares during the period. Nisa Investment Advisors LLC’s holdings in Domino’s Pizza were worth $323,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of DPZ. Berkshire Hathaway Inc boosted its stake in Domino’s Pizza by 86.5% in the fourth quarter. Berkshire Hathaway Inc now owns 2,382,000 shares of the restaurant operator’s stock valued at $999,868,000 after acquiring an additional 1,104,744 shares in the last quarter. Norges Bank acquired a new position in Domino’s Pizza in the fourth quarter valued at $250,571,000. GAMMA Investing LLC boosted its stake in Domino’s Pizza by 53,740.4% in the first quarter. GAMMA Investing LLC now owns 260,049 shares of the restaurant operator’s stock valued at $119,480,000 after acquiring an additional 259,566 shares in the last quarter. Invesco Ltd. boosted its stake in Domino’s Pizza by 46.0% in the fourth quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator’s stock valued at $255,649,000 after acquiring an additional 191,752 shares in the last quarter. Finally, Freestone Grove Partners LP acquired a new position in Domino’s Pizza in the fourth quarter valued at $56,647,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Trading Down 0.0%

Shares of Domino’s Pizza stock opened at $465.30 on Thursday. Domino’s Pizza Inc has a 12-month low of $396.06 and a 12-month high of $500.55. The stock has a market cap of $15.93 billion, a PE ratio of 26.68, a price-to-earnings-growth ratio of 2.65 and a beta of 1.09. The company has a 50-day moving average of $466.56 and a two-hundred day moving average of $459.60.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.21. Domino’s Pizza had a net margin of 12.84% and a negative return on equity of 15.45%. The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same period last year, the company posted $3.58 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, sell-side analysts forecast that Domino’s Pizza Inc will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were issued a $1.74 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a yield of 1.50%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 39.91%.

Analyst Ratings Changes

DPZ has been the subject of several research analyst reports. Stephens restated an “equal weight” rating and issued a $440.00 price objective on shares of Domino’s Pizza in a research note on Wednesday, April 2nd. Loop Capital upped their target price on shares of Domino’s Pizza from $555.00 to $564.00 and gave the company a “buy” rating in a report on Tuesday, April 29th. Robert W. Baird upped their target price on shares of Domino’s Pizza from $500.00 to $535.00 and gave the company an “outperform” rating in a report on Wednesday, April 23rd. Redburn Atlantic assumed coverage on shares of Domino’s Pizza in a report on Tuesday, June 10th. They issued a “sell” rating and a $340.00 target price for the company. Finally, Argus reaffirmed a “hold” rating and issued a $490.00 target price on shares of Domino’s Pizza in a report on Tuesday, April 29th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $487.84.

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.