Fiduciary Group LLC Has $1.58 Million Stock Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Fiduciary Group LLC grew its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 49.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,760 shares of the restaurant operator’s stock after purchasing an additional 1,240 shares during the period. Fiduciary Group LLC’s holdings in Domino’s Pizza were worth $1,578,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sherman Asset Management Inc. acquired a new position in Domino’s Pizza during the 4th quarter worth about $25,000. True Wealth Design LLC lifted its position in Domino’s Pizza by 2,033.3% during the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock worth $28,000 after buying an additional 61 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in 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 buying an additional 26 shares in the last quarter. Private Trust Co. NA lifted its position in Domino’s Pizza by 34.3% during the 4th quarter. Private Trust Co. NA now owns 145 shares of the restaurant operator’s stock worth $61,000 after buying an additional 37 shares in the last quarter. Finally, Allworth Financial LP lifted its position in Domino’s Pizza by 37.6% during the 4th quarter. Allworth Financial LP now owns 150 shares of the restaurant operator’s stock worth $66,000 after buying an additional 41 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Benchmark restated a “buy” rating and set a $520.00 target price on shares of Domino’s Pizza in a research report on Tuesday, February 25th. Robert W. Baird cut their target price on shares of 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. Oppenheimer upped their target price on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Royal Bank of Canada restated an “outperform” rating and set a $500.00 target price on shares of Domino’s Pizza in a research report on Thursday, February 20th. Finally, Citigroup upped their target price 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. One analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $503.41.

Domino’s Pizza Stock Up 2.0 %

Shares of DPZ opened at $461.67 on Thursday. The stock has a market capitalization of $15.83 billion, a P/E ratio of 28.36, a P/E/G ratio of 2.47 and a beta of 1.06. Domino’s Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $542.75. The company has a 50 day moving average of $452.71 and a 200-day moving average of $438.90.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share for the quarter, missing the consensus estimate of $4.93 by ($0.04). The business 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 revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the business earned $4.48 earnings per share. On average, 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 firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a dividend of $1.74 per share. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend is Friday, March 14th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 41.70%.

Insider Transactions at Domino’s Pizza

In other news, CFO Reddy Sandeep sold 1,077 shares of the stock in a transaction that occurred 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 sale, the chief financial officer now owns 8,081 shares of the company’s stock, valued at approximately $3,581,499.20. This represents a 11.76 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Kelly E. Garcia sold 2,104 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total value of $917,933.12. Following the completion of the sale, the executive vice president now directly owns 5,699 shares of the company’s stock, valued at approximately $2,486,359.72. The trade was a 26.96 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,597 shares of company stock valued at $3,762,052 in the last ninety days. 0.76% of the stock is currently owned by corporate insiders.

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.