Domino’s Pizza, Inc. (NASDAQ:DPZ) Stock Holdings Boosted by Alta Capital Management LLC

Alta Capital Management LLC lifted its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 20.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 7,144 shares of the restaurant operator’s stock after acquiring an additional 1,214 shares during the period. Alta Capital Management LLC’s holdings in Domino’s Pizza were worth $2,999,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of DPZ. Sherman Asset Management Inc. acquired a new stake in Domino’s Pizza in the fourth quarter worth about $25,000. True Wealth Design LLC lifted its holdings in Domino’s Pizza by 2,033.3% in the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 61 shares during 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 valued at $57,000 after acquiring an additional 88 shares during the last quarter. Private Trust Co. NA lifted its holdings in Domino’s Pizza by 34.3% in the 4th quarter. Private Trust Co. NA now owns 145 shares of the restaurant operator’s stock valued at $61,000 after acquiring an additional 37 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in Domino’s Pizza by 37.6% in the 4th quarter. Allworth Financial LP now owns 150 shares of the restaurant operator’s stock valued at $66,000 after acquiring an additional 41 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Stephens reissued an “equal weight” rating and issued a $440.00 price target on shares of Domino’s Pizza in a report on Monday. Benchmark reaffirmed a “buy” rating and set a $520.00 price objective on shares of Domino’s Pizza in a research note on Tuesday, February 25th. Argus lowered shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Barclays upped their price objective on shares of Domino’s Pizza from $402.00 to $420.00 and gave the company an “underweight” rating in a research note on Tuesday, February 25th. Finally, Robert W. Baird reduced their price objective on shares of Domino’s Pizza from $545.00 to $510.00 and set an “outperform” rating for the company in a research note on Tuesday, February 25th. One equities 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $503.41.

Domino’s Pizza Price Performance

Shares of DPZ opened at $483.82 on Tuesday. 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 $16.59 billion, a price-to-earnings ratio of 29.72, a price-to-earnings-growth ratio of 2.47 and a beta of 0.90. The business has a 50-day moving average of $446.07 and a 200-day moving average of $436.50.

Domino’s Pizza (NASDAQ:DPZ) last issued 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 business had revenue of $1.44 billion during 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%. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.48 earnings per share. As a group, sell-side 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 disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. Domino’s Pizza’s dividend payout ratio (DPR) is 41.70%.

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.