Domino’s Pizza, Inc. (NASDAQ:DPZ) Stock Holdings Increased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. raised its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 0.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,172 shares of the restaurant operator’s stock after buying an additional 83 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Domino’s Pizza were worth $6,788,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of DPZ. KG&L Capital Management LLC grew its position in shares of Domino’s Pizza by 1.4% during the 4th quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator’s stock valued at $724,000 after buying an additional 23 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Domino’s Pizza by 2.0% in the fourth quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock valued at $486,000 after acquiring an additional 23 shares during the period. Greenleaf Trust grew 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 purchasing an additional 26 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Domino’s Pizza by 40.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock worth $38,000 after purchasing an additional 26 shares during the period. Finally, Larson Financial Group LLC lifted its holdings in shares of Domino’s Pizza by 2.8% in the 4th quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator’s stock worth $427,000 after purchasing an additional 28 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on DPZ shares. Robert W. Baird dropped their target price on Domino’s Pizza from $545.00 to $510.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 25th. Citigroup lifted their price objective on shares of Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a research report on Wednesday, February 19th. Stephens reissued an “equal weight” rating and set a $440.00 target price on shares of Domino’s Pizza in a research note on Monday, March 3rd. TD Cowen restated a “buy” rating and issued a $490.00 price target on shares of Domino’s Pizza in a research note on Monday, February 24th. Finally, Loop Capital reduced their price objective on Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating for the company in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $503.41.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 5,416 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total value 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. This represents a 87.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Reddy Sandeep sold 1,077 shares of Domino’s Pizza 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 transaction, the chief financial officer now owns 8,081 shares in the company, valued at $3,581,499.20. This represents a 11.76 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,597 shares of company stock valued at $3,762,052. 0.83% of the stock is currently owned by corporate insiders.

Domino’s Pizza Stock Performance

Shares of NASDAQ:DPZ opened at $459.45 on Tuesday. The stock has a market capitalization of $15.76 billion, a price-to-earnings ratio of 28.22, a PEG ratio of 2.47 and a beta of 1.06. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75. The company has a 50 day moving average price of $460.10 and a 200 day moving average price of $442.03.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.93 by ($0.04). The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.47 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The business’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.48 earnings per share. On average, sell-side analysts expect that Domino’s Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

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

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.