First Horizon Advisors Inc. Acquires 454 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

First Horizon Advisors Inc. lifted its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 105.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 883 shares of the restaurant operator’s stock after purchasing an additional 454 shares during the period. First Horizon Advisors Inc.’s holdings in Domino’s Pizza were worth $371,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. True Wealth Design LLC lifted its position in shares of Domino’s Pizza by 2,033.3% in the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock worth $28,000 after buying an additional 61 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Domino’s Pizza by 100.0% in the 3rd quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock valued at $54,000 after acquiring an additional 63 shares in the last quarter. Rakuten Securities Inc. lifted its holdings in Domino’s Pizza by 195.6% in the 3rd quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock worth $57,000 after purchasing an additional 88 shares during the last quarter. Allworth Financial LP boosted its position in Domino’s Pizza by 37.6% during the fourth quarter. Allworth Financial LP now owns 150 shares of the restaurant operator’s stock worth $66,000 after purchasing an additional 41 shares during the period. Finally, ORG Wealth Partners LLC grew its holdings in Domino’s Pizza by 21.3% during the fourth quarter. ORG Wealth Partners LLC now owns 262 shares of the restaurant operator’s stock valued at $110,000 after purchasing an additional 46 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Stephens boosted their price objective on shares of Domino’s Pizza from $420.00 to $440.00 and gave the stock an “equal weight” rating in a research note on Tuesday. TD Cowen reissued a “buy” rating and set a $490.00 target price on shares of Domino’s Pizza in a research report on Monday. Citigroup upped their price target on shares of Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a report on Wednesday, February 19th. Loop Capital dropped their price objective on Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, BMO Capital Markets increased their target price on Domino’s Pizza from $500.00 to $515.00 and gave the company an “outperform” rating in a research note on Tuesday. One 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 company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $503.41.

Domino’s Pizza Trading Up 3.2 %

NASDAQ DPZ opened at $470.14 on Wednesday. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75. The company has a market capitalization of $16.23 billion, a price-to-earnings ratio of 28.88, a PEG ratio of 2.47 and a beta of 0.90. The stock’s 50 day moving average is $441.59 and its two-hundred day moving average is $435.35.

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

Domino’s Pizza Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a $1.74 dividend. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date is Friday, March 14th. This represents a $6.96 annualized dividend and a dividend yield of 1.48%. Domino’s Pizza’s dividend payout ratio is presently 37.10%.

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.