UniSuper Management Pty Ltd Purchases 487 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

UniSuper Management Pty Ltd grew its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 11.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,860 shares of the restaurant operator’s stock after buying an additional 487 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Domino’s Pizza were worth $2,040,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in DPZ. WINTON GROUP Ltd bought a new position in shares of Domino’s Pizza during the fourth quarter valued at approximately $487,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Domino’s Pizza by 14.3% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 55,204 shares of the restaurant operator’s stock worth $24,184,000 after buying an additional 6,902 shares during the period. Korea Investment CORP boosted its position in Domino’s Pizza by 502.0% during the 4th quarter. Korea Investment CORP now owns 32,419 shares of the restaurant operator’s stock valued at $13,608,000 after acquiring an additional 27,034 shares in the last quarter. ICW Investment Advisors LLC increased its holdings in shares of Domino’s Pizza by 16.3% in the 4th quarter. ICW Investment Advisors LLC now owns 1,261 shares of the restaurant operator’s stock valued at $529,000 after acquiring an additional 177 shares during the period. Finally, Mountain Hill Investment Partners Corp. bought a new position in shares of Domino’s Pizza in the 4th quarter worth $55,000. Institutional investors own 94.63% of the company’s stock.

Analyst Ratings Changes

DPZ has been the topic of several analyst reports. Oppenheimer lifted their target price on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. BMO Capital Markets boosted their price objective 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. Benchmark reissued a “buy” rating and set a $520.00 target price on shares of Domino’s Pizza in a research report on Tuesday, February 25th. Loop Capital cut their price target on shares of Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating on the stock in a report on Tuesday, February 25th. Finally, TD Securities reiterated a “buy” rating and set a $490.00 price objective on shares of Domino’s Pizza in a report on Monday, February 24th. One investment 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $503.41.

Domino’s Pizza Stock Down 5.1 %

Shares of DPZ stock opened at $447.12 on Monday. Domino’s Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The stock has a market cap of $15.33 billion, a PE ratio of 27.46, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06. The business has a 50-day simple moving average of $459.46 and a 200-day simple moving average of $441.65.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 EPS for the quarter, missing the consensus estimate of $4.93 by ($0.04). The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.48 EPS. Sell-side analysts anticipate that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a $1.74 dividend. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend was Friday, March 14th. This represents a $6.96 dividend on an annualized basis and a yield of 1.56%. Domino’s Pizza’s payout ratio is presently 41.70%.

Insiders Place Their Bets

In related news, EVP Kevin Scott Morris sold 5,416 shares of Domino’s Pizza stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $437.00, for a total value of $2,366,792.00. Following the sale, the executive vice president now owns 793 shares of the company’s stock, valued at approximately $346,541. This trade represents a 87.23 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Reddy Sandeep sold 1,077 shares of the company’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total transaction of $477,326.40. Following the transaction, the chief financial officer now owns 8,081 shares of the company’s stock, valued at $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. Over the last quarter, insiders sold 8,597 shares of company stock worth $3,762,052. Company insiders own 0.83% of the company’s stock.

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.