Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 14.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 55,204 shares of the restaurant operator’s stock after purchasing an additional 6,902 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.16% of Domino’s Pizza worth $24,184,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. KG&L Capital Management LLC boosted its holdings in shares of Domino’s Pizza by 1.4% in the fourth quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator’s stock valued at $724,000 after acquiring an additional 23 shares during the period. Oppenheimer & Co. Inc. raised its position in Domino’s Pizza by 2.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock valued at $486,000 after purchasing an additional 23 shares during the last quarter. Greenleaf Trust boosted its stake in Domino’s Pizza by 3.1% during the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock worth $358,000 after purchasing an additional 26 shares during the period. EverSource Wealth Advisors LLC grew its position in Domino’s Pizza by 40.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock worth $38,000 after purchasing an additional 26 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in Domino’s Pizza by 2.8% in the fourth quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator’s stock valued at $427,000 after purchasing an additional 28 shares during the period. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Insider Activity

In other news, CFO Reddy Sandeep sold 1,077 shares of the stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total transaction of $477,326.40. Following the transaction, the chief financial officer now directly owns 8,081 shares in the company, valued at $3,581,499.20. This represents a 11.76 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kevin Scott Morris sold 5,416 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the completion of the sale, the executive vice president now owns 793 shares of the company’s stock, valued at approximately $346,541. The trade was a 87.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,597 shares of company stock valued at $3,762,052 over the last quarter. Company insiders own 0.83% of the company’s stock.

Analyst Ratings Changes

DPZ has been the topic of a number of research reports. TD Securities reissued a “buy” rating and set a $490.00 price target on shares of Domino’s Pizza in a report on Monday, February 24th. Barclays lifted their target price on Domino’s Pizza from $402.00 to $420.00 and gave the company an “underweight” rating in a research note on Tuesday, February 25th. Royal Bank of Canada restated an “outperform” rating and set a $500.00 price target on shares of Domino’s Pizza in a research note on Thursday, February 20th. TD Cowen reiterated a “buy” rating and issued a $490.00 price objective on shares of Domino’s Pizza in a research report on Monday, February 24th. Finally, Argus downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $503.41.

Domino’s Pizza Trading Down 5.1 %

NASDAQ:DPZ opened at $447.12 on Monday. Domino’s Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $542.75. The firm has a market cap of $15.33 billion, a price-to-earnings ratio of 27.46, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06. The company’s 50-day moving average is $459.46 and its two-hundred day moving average is $441.65.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.93 by ($0.04). The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.47 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the company posted $4.48 EPS. On average, equities research analysts forecast that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a dividend of $1.74 per share. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend was Friday, March 14th. This represents a $6.96 annualized dividend and a dividend yield of 1.56%. Domino’s Pizza’s dividend payout ratio (DPR) is 41.70%.

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.