7,056 Shares in Domino’s Pizza, Inc. (NYSE:DPZ) Purchased by IFM Investors Pty Ltd

IFM Investors Pty Ltd bought a new stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) in the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 7,056 shares of the restaurant operator’s stock, valued at approximately $3,506,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DPZ. Insight Folios Inc grew its holdings in Domino’s Pizza by 3.4% in the 1st quarter. Insight Folios Inc now owns 847 shares of the restaurant operator’s stock worth $421,000 after buying an additional 28 shares in the last quarter. Oak Harvest Investment Services acquired a new position in Domino’s Pizza during the 1st quarter worth $390,000. Norden Group LLC bought a new position in shares of Domino’s Pizza in the first quarter worth $1,082,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Domino’s Pizza by 50.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 26,879 shares of the restaurant operator’s stock valued at $13,356,000 after purchasing an additional 9,072 shares during the period. Finally, LVW Advisors LLC raised its stake in shares of Domino’s Pizza by 100.2% during the first quarter. LVW Advisors LLC now owns 1,912 shares of the restaurant operator’s stock valued at $950,000 after purchasing an additional 957 shares in the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have commented on DPZ. Barclays raised their target price on shares of Domino’s Pizza from $346.00 to $405.00 and gave the company an “underweight” rating in a research note on Tuesday, February 27th. Morgan Stanley raised their price objective on shares of Domino’s Pizza from $485.00 to $515.00 and gave the company an “overweight” rating in a research note on Friday, April 12th. Citigroup upped their target price on Domino’s Pizza from $458.00 to $505.00 and gave the stock a “neutral” rating in a research report on Thursday, April 11th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $430.00 price target (up from $420.00) on shares of Domino’s Pizza in a research report on Tuesday, February 27th. Finally, Oppenheimer restated an “outperform” rating and issued a $470.00 price objective on shares of Domino’s Pizza in a report on Thursday, February 22nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $460.90.

Insider Transactions at Domino’s Pizza

In related news, EVP Cynthia A. Headen sold 108 shares of the business’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total transaction of $53,468.64. Following the transaction, the executive vice president now directly owns 3,910 shares of the company’s stock, valued at $1,935,762.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, EVP Cynthia A. Headen sold 108 shares of Domino’s Pizza stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total transaction of $53,468.64. Following the completion of the sale, the executive vice president now owns 3,910 shares of the company’s stock, valued at $1,935,762.80. The transaction was disclosed in a legal filing with the SEC, which is available 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 completion of the transaction, the executive vice president now directly owns 4,103 shares in the company, valued at $1,852,586.56. The disclosure for this sale can be found here. 0.76% of the stock is owned by insiders.

Domino’s Pizza Trading Up 0.9 %

NYSE:DPZ traded up $4.30 during trading hours on Friday, hitting $499.07. 958,086 shares of the stock traded hands, compared to its average volume of 568,682. The firm has a 50 day moving average price of $467.11 and a 200 day moving average price of $418.58. The firm has a market cap of $17.38 billion, a price-to-earnings ratio of 34.02, a PEG ratio of 2.58 and a beta of 0.86. Domino’s Pizza, Inc. has a fifty-two week low of $285.84 and a fifty-two week high of $508.44.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings results on Monday, February 26th. The restaurant operator reported $4.48 earnings per share for the quarter, beating the consensus estimate of $4.38 by $0.10. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.42 billion. Domino’s Pizza had a negative return on equity of 12.56% and a net margin of 11.59%. During the same period in the previous year, the firm earned $4.43 earnings per share. Domino’s Pizza’s quarterly revenue was up .8% on a year-over-year basis. Research analysts predict that Domino’s Pizza, Inc. will post 15.72 EPS for the current year.

Domino’s Pizza Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.21%. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.21. The ex-dividend date was Thursday, March 14th. Domino’s Pizza’s dividend payout ratio is 41.17%.

About Domino’s Pizza

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.