Orion Portfolio Solutions LLC Has $1.33 Million Stake in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Orion Portfolio Solutions LLC increased its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 20.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,166 shares of the restaurant operator’s stock after acquiring an additional 547 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Domino’s Pizza were worth $1,329,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Sherman Asset Management Inc. bought a new position in Domino’s Pizza in the fourth quarter worth approximately $25,000. EverSource Wealth Advisors LLC grew its position in Domino’s Pizza by 40.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock valued at $38,000 after purchasing an additional 26 shares during the period. Lee Danner & Bass Inc. bought a new stake in Domino’s Pizza during the 4th quarter valued at $42,000. Mountain Hill Investment Partners Corp. acquired a new position in Domino’s Pizza during the fourth quarter worth $55,000. Finally, Private Trust Co. NA raised its holdings in Domino’s Pizza by 34.3% during the fourth quarter. Private Trust Co. NA now owns 145 shares of the restaurant operator’s stock worth $61,000 after buying an additional 37 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Stock Down 4.2 %

Shares of NASDAQ DPZ opened at $444.21 on Friday. The company has a market cap of $15.24 billion, a P/E ratio of 27.29, a P/E/G ratio of 2.47 and a beta of 1.15. Domino’s Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $542.75. The business has a 50-day simple moving average of $461.64 and a two-hundred day simple moving average of $443.04.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 EPS for the quarter, missing analysts’ consensus estimates of $4.93 by ($0.04). The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. Domino’s Pizza’s revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the business posted $4.48 earnings per share. Equities research analysts anticipate that Domino’s Pizza, Inc. will post 16.74 EPS for the current year.

Domino’s Pizza Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a $1.74 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $6.96 annualized dividend and a dividend yield of 1.57%. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. Domino’s Pizza’s dividend payout ratio is presently 41.70%.

Insider Buying and Selling

In other news, EVP Kevin Scott Morris sold 5,416 shares of the firm’s stock in a transaction 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 sale, the executive vice president now owns 793 shares in the company, valued at approximately $346,541. This trade represents a 87.23 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Reddy Sandeep sold 399 shares of Domino’s Pizza stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total transaction of $184,409.82. Following the sale, the executive vice president now directly owns 8,756 shares of the company’s stock, valued at $4,046,848.08. This represents a 4.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,996 shares of company stock worth $3,946,461. Corporate insiders own 0.83% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on DPZ. Wedbush reissued an “outperform” rating and issued a $500.00 price objective on shares of Domino’s Pizza in a research note on Tuesday, February 25th. Oppenheimer increased their target price on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Argus cut shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Citigroup upped their price objective on shares of Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 19th. Finally, Loop Capital dropped their target price on shares of Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating on the stock in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Domino’s Pizza has an average rating of “Moderate Buy” and a consensus price target of $503.41.

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.