Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Acquired by HS Management Partners LLC

HS Management Partners LLC increased its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 11.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,140 shares of the restaurant operator’s stock after acquiring an additional 10,010 shares during the period. Domino’s Pizza comprises 2.8% of HS Management Partners LLC’s investment portfolio, making the stock its 22nd biggest position. HS Management Partners LLC owned approximately 0.28% of Domino’s Pizza worth $40,356,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DPZ. FMR LLC increased its holdings in Domino’s Pizza by 16.3% during the 3rd quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock worth $941,936,000 after purchasing an additional 307,528 shares during the period. Principal Financial Group Inc. lifted its position in Domino’s Pizza by 1.3% during the 4th quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator’s stock worth $708,498,000 after acquiring an additional 21,705 shares during the period. Berkshire Hathaway Inc acquired a new stake in Domino’s Pizza during the 3rd quarter worth approximately $549,399,000. Bank of New York Mellon Corp lifted its position in Domino’s Pizza by 3.4% during the 4th quarter. Bank of New York Mellon Corp now owns 267,046 shares of the restaurant operator’s stock worth $112,095,000 after acquiring an additional 8,753 shares during the period. Finally, Champlain Investment Partners LLC acquired a new stake in shares of Domino’s Pizza in the 3rd quarter valued at approximately $99,352,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of NASDAQ:DPZ opened at $476.18 on Thursday. The business’s 50 day simple moving average is $447.99 and its two-hundred day simple moving average is $437.05. Domino’s Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The firm has a market cap of $16.33 billion, a P/E ratio of 29.25, a PEG ratio of 2.47 and a beta of 1.06.

Domino’s Pizza (NASDAQ:DPZ) last released 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 negative return on equity of 14.35% and a net margin of 12.26%. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.47 billion. During the same period in the prior year, the business earned $4.48 earnings per share. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. On average, equities analysts forecast that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a $1.74 dividend. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.51. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, March 14th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 41.70%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. TD Cowen reaffirmed a “buy” rating and issued a $490.00 price objective on shares of Domino’s Pizza in a research note on Monday, February 24th. TD Securities reaffirmed a “buy” rating and issued a $490.00 price objective on shares of Domino’s Pizza in a research report on Monday, February 24th. Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 target price on shares of Domino’s Pizza in a report on Thursday, February 20th. BMO Capital Markets lifted their target price on Domino’s Pizza from $500.00 to $515.00 and gave the company an “outperform” rating in a report on Tuesday, February 25th. Finally, Citigroup boosted their price objective on Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $503.41.

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.