Cynthia A. Headen Sells 745 Shares of Domino’s Pizza, Inc. (NYSE:DPZ) Stock

Domino’s Pizza, Inc. (NYSE:DPZ) EVP Cynthia A. Headen sold 745 shares of Domino’s Pizza stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $530.30, for a total value of $395,073.50. Following the completion of the sale, the executive vice president now directly owns 3,910 shares in the company, valued at approximately $2,073,473. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Domino’s Pizza Trading Up 0.3 %

Shares of DPZ stock opened at $514.33 on Friday. The stock has a market cap of $17.94 billion, a P/E ratio of 33.57, a price-to-earnings-growth ratio of 2.58 and a beta of 0.83. The stock has a 50 day simple moving average of $475.07 and a 200 day simple moving average of $423.29. Domino’s Pizza, Inc. has a 1 year low of $285.84 and a 1 year high of $542.75.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings results on Monday, April 29th. The restaurant operator reported $3.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.46 by $0.12. The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Domino’s Pizza had a negative return on equity of 13.19% and a net margin of 11.90%. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.93 earnings per share. Analysts forecast that Domino’s Pizza, Inc. will post 16 EPS for the current year.

Domino’s Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a dividend of $1.51 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $6.04 annualized dividend and a yield of 1.17%. Domino’s Pizza’s dividend payout ratio is currently 39.43%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DPZ. Turtle Creek Wealth Advisors LLC acquired a new position in Domino’s Pizza during the fourth quarter valued at approximately $25,000. Creative Financial Designs Inc. ADV raised its position in Domino’s Pizza by 127.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock valued at $34,000 after purchasing an additional 46 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new position in Domino’s Pizza during the third quarter valued at approximately $39,000. Quadrant Capital Group LLC raised its position in Domino’s Pizza by 41.8% during the fourth quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock valued at $46,000 after purchasing an additional 33 shares in the last quarter. Finally, Jones Financial Companies Lllp acquired a new position in Domino’s Pizza during the third quarter valued at approximately $49,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DPZ has been the topic of a number of recent research reports. Oppenheimer lifted their target price on Domino’s Pizza from $530.00 to $580.00 and gave the company an “outperform” rating in a research report on Tuesday. Morgan Stanley lifted their target price on Domino’s Pizza from $485.00 to $515.00 and gave the company an “overweight” rating in a research report on Friday, April 12th. Sanford C. Bernstein raised Domino’s Pizza from an “underperform” rating to a “market perform” rating and lifted their target price for the company from $330.00 to $370.00 in a research report on Tuesday, January 9th. Deutsche Bank Aktiengesellschaft lifted their price target on Domino’s Pizza from $555.00 to $580.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Barclays lifted their price target on Domino’s Pizza from $405.00 to $470.00 and gave the stock an “underweight” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and seventeen have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $516.19.

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.