Amiral Gestion Buys 16,644 Shares of Domino’s Pizza Inc $DPZ

Amiral Gestion grew its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 195.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,160 shares of the restaurant operator’s stock after acquiring an additional 16,644 shares during the period. Domino’s Pizza accounts for 3.8% of Amiral Gestion’s holdings, making the stock its 11th largest position. Amiral Gestion owned about 0.07% of Domino’s Pizza worth $10,487,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Johnson Financial Group Inc. boosted its stake in shares of Domino’s Pizza by 200.0% in the third quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock valued at $36,000 after buying an additional 56 shares during the period. CYBER HORNET ETFs LLC acquired a new position in Domino’s Pizza in the 2nd quarter valued at $42,000. MUFG Securities EMEA plc bought a new stake in shares of Domino’s Pizza during the 2nd quarter valued at $46,000. Smartleaf Asset Management LLC grew its holdings in shares of Domino’s Pizza by 64.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 110 shares of the restaurant operator’s stock worth $48,000 after purchasing an additional 43 shares in the last quarter. Finally, Activest Wealth Management increased its position in shares of Domino’s Pizza by 411.5% in the third quarter. Activest Wealth Management now owns 133 shares of the restaurant operator’s stock worth $58,000 after purchasing an additional 107 shares during the period. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

Shares of NASDAQ DPZ opened at $348.14 on Friday. The stock has a market capitalization of $11.71 billion, a PE ratio of 19.81, a P/E/G ratio of 1.55 and a beta of 1.16. Domino’s Pizza Inc has a one year low of $346.39 and a one year high of $499.08. The business’s fifty day moving average price is $392.89 and its 200-day moving average price is $410.39.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings data on Monday, February 23rd. The restaurant operator reported $5.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.38 by ($0.03). The firm had revenue of $1.54 billion during the quarter. Domino’s Pizza had a net margin of 12.18% and a negative return on equity of 15.28%. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.89 EPS. As a group, equities analysts expect that Domino’s Pizza Inc will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be paid a $1.99 dividend. The ex-dividend date is Friday, March 13th. This represents a $7.96 dividend on an annualized basis and a yield of 2.3%. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.74. Domino’s Pizza’s dividend payout ratio (DPR) is presently 45.30%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DPZ. Guggenheim reduced their price target on shares of Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Wells Fargo & Company dropped their price objective on Domino’s Pizza from $450.00 to $430.00 and set an “equal weight” rating for the company in a research report on Thursday, January 22nd. Stifel Nicolaus reduced their price objective on Domino’s Pizza from $510.00 to $485.00 and set a “buy” rating on the stock in a research note on Wednesday, January 7th. Benchmark reissued a “buy” rating on shares of Domino’s Pizza in a report on Monday, February 23rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Domino’s Pizza in a report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Domino’s Pizza currently has an average rating of “Hold” and a consensus price target of $475.71.

About Domino’s Pizza

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.