Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Acquired by X Square Capital LLC

X Square Capital LLC lifted its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 1.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,515 shares of the restaurant operator’s stock after purchasing an additional 55 shares during the quarter. X Square Capital LLC’s holdings in Domino’s Pizza were worth $1,895,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Berkshire Hathaway Inc acquired a new stake in Domino’s Pizza during the third quarter worth about $549,399,000. Norges Bank acquired a new position in Domino’s Pizza in the 4th quarter valued at about $250,571,000. FMR LLC lifted its holdings in Domino’s Pizza by 16.3% during the 3rd quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock worth $941,936,000 after buying an additional 307,528 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new position in Domino’s Pizza in the fourth quarter valued at $41,701,000. Finally, Raymond James Financial Inc. purchased a new position in Domino’s Pizza in the fourth quarter worth approximately $32,592,000. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino’s Pizza Price Performance

Shares of DPZ stock opened at $471.28 on Friday. The stock has a market capitalization of $16.16 billion, a PE ratio of 28.95, a PEG ratio of 2.47 and a beta of 1.06. The business’s 50 day simple moving average is $459.07 and its 200 day simple moving average is $441.06. Domino’s Pizza, Inc. has a one year low of $396.06 and a one year high of $542.75.

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

Domino’s Pizza Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.48%. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date is Friday, March 14th. Domino’s Pizza’s dividend payout ratio is presently 41.70%.

Insider Activity

In other news, EVP Kevin Scott Morris sold 5,416 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the completion of the sale, the executive vice president now owns 793 shares in the company, valued at $346,541. The trade was a 87.23 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Reddy Sandeep sold 1,077 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total value of $477,326.40. Following the completion of the transaction, the chief financial officer now owns 8,081 shares in the company, valued at approximately $3,581,499.20. This represents a 11.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,597 shares of company stock worth $3,762,052 in the last quarter. 0.76% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Wedbush reaffirmed an “outperform” rating and issued a $500.00 price target on shares of Domino’s Pizza in a report on Tuesday, February 25th. Loop Capital cut their price target on Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating for the company in a research note on Tuesday, February 25th. Citigroup upped their price objective on shares of Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 19th. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price target on shares of Domino’s Pizza in a research note on Thursday, February 20th. Finally, Oppenheimer lifted their price objective on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $503.41.

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.