1,334 Shares in Domino’s Pizza, Inc. (NASDAQ:DPZ) Purchased by Virtu Financial LLC

Virtu Financial LLC purchased a new position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,334 shares of the restaurant operator’s stock, valued at approximately $560,000.

Several other institutional investors also recently bought and sold shares of the business. KG&L Capital Management LLC increased its stake in shares of Domino’s Pizza by 1.4% during the fourth 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 in the last quarter. Oppenheimer & Co. Inc. increased its stake in Domino’s Pizza by 2.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock worth $486,000 after buying an additional 23 shares in the last quarter. Greenleaf Trust raised its holdings in shares of Domino’s Pizza by 3.1% during the fourth quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock valued at $358,000 after acquiring an additional 26 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Domino’s Pizza by 40.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock valued at $38,000 after acquiring an additional 26 shares in the last quarter. Finally, Larson Financial Group LLC boosted its stake in shares of Domino’s Pizza by 2.8% in the fourth quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator’s stock worth $427,000 after acquiring an additional 28 shares during the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Stephens restated an “equal weight” rating and issued a $440.00 price objective on shares of Domino’s Pizza in a report on Monday, March 3rd. TD Securities restated a “buy” rating and set a $490.00 price target on shares of Domino’s Pizza in a research report on Monday, February 24th. Oppenheimer increased their price objective on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. BMO Capital Markets raised their target price on shares of Domino’s Pizza from $500.00 to $515.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 25th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $500.00 price target on shares of Domino’s Pizza in a research report on Thursday, February 20th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and a consensus price target of $503.41.

Insider Buying and Selling at Domino’s Pizza

In other news, CFO Reddy Sandeep sold 1,077 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total value of $477,326.40. Following the sale, the chief financial officer now directly owns 8,081 shares in the company, valued at approximately $3,581,499.20. This trade represents a 11.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kevin Scott Morris sold 5,416 shares of the business’s stock in a transaction 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 transaction, the executive vice president now owns 793 shares of the company’s stock, valued at approximately $346,541. The trade was a 87.23 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,597 shares of company stock valued at $3,762,052 in the last quarter. Corporate insiders own 0.76% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of DPZ opened at $460.27 on Wednesday. The company’s 50-day simple moving average is $456.96 and its 200-day simple moving average is $440.66. Domino’s Pizza, Inc. has a 1 year low of $396.06 and a 1 year high of $542.75. The stock has a market capitalization of $15.79 billion, a PE ratio of 28.27, a P/E/G ratio of 2.47 and a beta of 1.06.

Domino’s Pizza (NASDAQ:DPZ) last issued 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 business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.47 billion. During the same period in the prior year, the business earned $4.48 EPS. The business’s quarterly revenue was up 2.9% on a year-over-year basis. On average, sell-side analysts predict that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino’s Pizza Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $1.74 per share. This represents a $6.96 annualized dividend and a yield of 1.51%. 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 payout ratio is presently 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.