Point72 Hong Kong Ltd purchased a new position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) during the 4th quarter, Holdings Channel.com reports. The fund purchased 1,147 shares of the restaurant operator’s stock, valued at approximately $337,000.

Other large investors also recently bought and sold shares of the company. Neo Ivy Capital Management increased its holdings in Domino’s Pizza by 2.8% in the 3rd quarter. Neo Ivy Capital Management now owns 2,666 shares of the restaurant operator’s stock worth $605,000 after purchasing an additional 73 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in Domino’s Pizza by 26.4% in the 3rd quarter. Global Retirement Partners LLC now owns 1,975 shares of the restaurant operator’s stock valued at $483,000 after acquiring an additional 413 shares during the last quarter. California State Teachers Retirement System lifted its holdings in Domino’s Pizza by 1.3% in the 3rd quarter. California State Teachers Retirement System now owns 69,476 shares of the restaurant operator’s stock valued at $16,993,000 after acquiring an additional 870 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in Domino’s Pizza by 8.3% during the third quarter. Sunbelt Securities Inc. now owns 1,482 shares of the restaurant operator’s stock valued at $362,000 after buying an additional 114 shares in the last quarter. Finally, Quantum Capital Management purchased a new stake in Domino’s Pizza during the third quarter valued at about $154,000. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on DPZ shares. Cfra increased their price objective on Domino’s Pizza from $270.00 to $400.00 and gave the stock a “hold” rating in a report on Friday, February 21st. Wells Fargo & Co raised their target price on Domino’s Pizza from $271.00 to $294.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 23rd. Gordon Haskett began coverage on Domino’s Pizza in a report on Friday, February 28th. They set a “hold” rating and a $320.00 price objective for the company. Goldman Sachs Group lifted their price objective on Domino’s Pizza from $320.00 to $400.00 and gave the company a “buy” rating in a report on Friday, February 21st. Finally, Stifel Nicolaus cut Domino’s Pizza from a “buy” rating to a “hold” rating and lifted their price objective for the company from $325.00 to $365.00 in a report on Friday, February 21st. Twelve investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $349.11.

In other Domino’s Pizza news, CFO Jeffrey D. Lawrence sold 2,913 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $374.24, for a total transaction of $1,090,161.12. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Timothy P. Mcintyre sold 2,450 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $337.36, for a total value of $826,532.00. The disclosure for this sale can be found here. Insiders have sold a total of 66,863 shares of company stock worth $22,670,723 in the last quarter. 1.74% of the stock is currently owned by company insiders.

Shares of Domino’s Pizza stock traded down $22.11 during trading on Wednesday, hitting $321.45. 962,603 shares of the company were exchanged, compared to its average volume of 987,620. The firm has a market capitalization of $12.64 billion, a P/E ratio of 33.62, a price-to-earnings-growth ratio of 2.26 and a beta of 0.26. Domino’s Pizza, Inc. has a 1-year low of $220.90 and a 1-year high of $381.86. The firm’s fifty day moving average price is $318.10 and its 200 day moving average price is $284.49.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Thursday, February 20th. The restaurant operator reported $3.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.93 by $0.20. Domino’s Pizza had a negative return on equity of 13.12% and a net margin of 11.07%. The business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the previous year, the business posted $2.62 EPS. Domino’s Pizza’s revenue for the quarter was up 6.3% on a year-over-year basis. Sell-side analysts predict that Domino’s Pizza, Inc. will post 10.74 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 13th will be issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 0.97%. The ex-dividend date is Thursday, March 12th. This is a boost from Domino’s Pizza’s previous quarterly dividend of $0.65. Domino’s Pizza’s payout ratio is 32.60%.

About Domino’s Pizza

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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