Metis Global Partners LLC Acquires 44 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Metis Global Partners LLC lifted its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 3.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,162 shares of the restaurant operator’s stock after acquiring an additional 44 shares during the period. Metis Global Partners LLC’s holdings in Domino’s Pizza were worth $488,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. True Wealth Design LLC increased its position 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 buying an additional 61 shares in the last quarter. Rakuten Securities Inc. increased its position 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 buying an additional 88 shares in the last quarter. Private Trust Co. NA increased its position 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 buying an additional 37 shares in the last quarter. Allworth Financial LP increased its position 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 buying an additional 41 shares in the last quarter. Finally, Blue Trust Inc. increased its position in Domino’s Pizza by 57.9% in the 4th quarter. Blue Trust Inc. now owns 199 shares of the restaurant operator’s stock valued at $86,000 after buying an additional 73 shares in the last quarter. 94.63% of the stock is owned by institutional investors.

Domino’s Pizza Price Performance

Shares of DPZ stock opened at $476.18 on Thursday. The company’s fifty day simple moving average is $447.99 and its two-hundred day simple moving average is $437.05. 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 $16.33 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 2.47 and a beta of 1.06.

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). 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 for the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the previous year, the firm earned $4.48 EPS. The company’s revenue was up 2.9% compared to the same quarter last year. Equities research analysts anticipate that Domino’s Pizza, Inc. will post 16.74 EPS for the current year.

Domino’s Pizza Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $1.74 per share. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Friday, March 14th. This represents a $6.96 dividend on an annualized basis and a yield of 1.46%. Domino’s Pizza’s payout ratio is presently 41.70%.

Wall Street Analyst Weigh In

A number of analysts recently commented on DPZ shares. TD Securities reaffirmed a “buy” rating and issued a $490.00 target price on shares of Domino’s Pizza in a research report on Monday, February 24th. Oppenheimer boosted their target price on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Wedbush reissued an “outperform” rating and set a $500.00 price objective on shares of Domino’s Pizza in a report on Tuesday, February 25th. Stephens reissued an “equal weight” rating and set a $440.00 price objective on shares of Domino’s Pizza in a report on Monday. Finally, Barclays boosted their price objective on Domino’s Pizza from $402.00 to $420.00 and gave the stock an “underweight” rating in a report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $503.41.

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.