1,381 Shares in Domino’s Pizza, Inc. (NYSE:DPZ) Acquired by Doliver Advisors LP

Doliver Advisors LP bought a new stake in Domino’s Pizza, Inc. (NYSE:DPZ) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,381 shares of the restaurant operator’s stock, valued at approximately $580,000.

Several other hedge funds also recently bought and sold shares of the company. Summit Trail Advisors LLC increased its position in shares of Domino’s Pizza by 5.0% in the 2nd quarter. Summit Trail Advisors LLC now owns 568 shares of the restaurant operator’s stock valued at $293,000 after buying an additional 27 shares in the last quarter. Mather Group LLC. increased its stake in Domino’s Pizza by 5.7% during the 3rd quarter. Mather Group LLC. now owns 684 shares of the restaurant operator’s stock worth $294,000 after purchasing an additional 37 shares in the last quarter. Vontobel Holding Ltd. increased its position in shares of Domino’s Pizza by 0.5% during the third quarter. Vontobel Holding Ltd. now owns 7,593 shares of the restaurant operator’s stock worth $3,266,000 after acquiring an additional 40 shares in the last quarter. Shepherd Financial Partners LLC raised its stake in shares of Domino’s Pizza by 2.0% in the 3rd quarter. Shepherd Financial Partners LLC now owns 2,006 shares of the restaurant operator’s stock valued at $863,000 after purchasing an additional 40 shares during the period. Finally, First Horizon Advisors Inc. raised its position in Domino’s Pizza by 10.3% in the 3rd quarter. First Horizon Advisors Inc. now owns 429 shares of the restaurant operator’s stock valued at $185,000 after buying an additional 40 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Price Performance

DPZ traded down $10.56 during trading on Monday, hitting $427.52. The stock had a trading volume of 321,238 shares, compared to its average volume of 448,154. The firm has a market cap of $14.76 billion, a price-to-earnings ratio of 26.26, a P/E/G ratio of 2.47 and a beta of 0.90. The company has a 50 day moving average price of $442.75 and a 200-day moving average price of $440.45. Domino’s Pizza, Inc. has a one year low of $395.08 and a one year high of $542.75.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 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 for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the firm earned $4.18 earnings per share. As a group, sell-side analysts predict that Domino’s Pizza, Inc. will post 16.82 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were given a $1.51 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.41%. Domino’s Pizza’s payout ratio is 37.10%.

Insider Activity at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $459.00, for a total value of $1,214,514.00. Following the completion of the transaction, the executive vice president now directly owns 1,966 shares in the company, valued at approximately $902,394. The trade was a 57.37 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andrew Balson sold 6,970 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $428.27, for a total transaction of $2,985,041.90. Following the sale, the director now owns 15,390 shares in the company, valued at $6,591,075.30. This represents a 31.17 % decrease in their position. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Wedbush reissued an “outperform” rating and issued a $470.00 price objective on shares of Domino’s Pizza in a research report on Friday, October 11th. Wells Fargo & Company cut their price target on shares of Domino’s Pizza from $450.00 to $420.00 and set an “equal weight” rating on the stock in a research report on Friday, October 11th. Citigroup decreased their price objective on Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating for the company in a report on Friday, October 11th. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and upped their target price for the stock from $419.00 to $559.00 in a report on Friday, November 8th. Finally, BMO Capital Markets reduced their price target on Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 11th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $495.76.

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.