Machina Capital S.A.S. lowered its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ – Free Report) by 35.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 607 shares of the restaurant operator’s stock after selling 327 shares during the period. Machina Capital S.A.S.’s holdings in Domino’s Pizza were worth $255,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in the business. KG&L Capital Management LLC grew its stake in shares of Domino’s Pizza by 1.4% in the 4th quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator’s stock worth $724,000 after purchasing an additional 23 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of Domino’s Pizza by 2.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock worth $486,000 after purchasing an additional 23 shares during the last quarter. Greenleaf Trust grew its stake in shares of Domino’s Pizza by 3.1% in the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock worth $358,000 after purchasing an additional 26 shares during the last quarter. M&T Bank Corp grew its stake in shares of Domino’s Pizza by 1.0% in the 4th quarter. M&T Bank Corp now owns 3,172 shares of the restaurant operator’s stock worth $1,332,000 after purchasing an additional 30 shares during the last quarter. Finally, Stephens Inc. AR grew its stake in shares of Domino’s Pizza by 1.3% in the 4th quarter. Stephens Inc. AR now owns 2,413 shares of the restaurant operator’s stock worth $1,013,000 after purchasing an additional 31 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have commented on DPZ. Morgan Stanley decreased their target price on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Argus cut shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Loop Capital decreased their target price on shares of Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating for the company in a report on Tuesday, February 25th. Oppenheimer raised their target price on shares of Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Finally, TD Cowen reiterated a “buy” rating and issued a $490.00 target price on shares of Domino’s Pizza in a report on Monday, February 24th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Moderate Buy” and an average target price of $503.41.
Domino’s Pizza Stock Down 1.7 %
NASDAQ DPZ opened at $472.05 on Monday. The stock has a market capitalization of $16.19 billion, a PE ratio of 29.00, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06. The company has a 50 day moving average price of $449.79 and a two-hundred day moving average price of $437.76. Domino’s Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $542.75.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last released its quarterly earnings results on Monday, February 24th. The restaurant operator reported $4.89 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the prior year, the business earned $4.48 EPS. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. As a group, equities 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 will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given 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 dividend on an annualized basis and a dividend yield of 1.47%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 41.70%.
About Domino’s Pizza
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.
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