Northwest & Ethical Investments L.P. Acquires 100 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Northwest & Ethical Investments L.P. grew its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 22.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 540 shares of the restaurant operator’s stock after acquiring an additional 100 shares during the period. Northwest & Ethical Investments L.P.’s holdings in Domino’s Pizza were worth $226,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Sherman Asset Management Inc. acquired a new stake in Domino’s Pizza in the 4th quarter worth approximately $25,000. True Wealth Design LLC boosted its holdings in shares of 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 during the period. EverSource Wealth Advisors LLC grew its stake in Domino’s Pizza by 40.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock valued at $38,000 after buying an additional 26 shares during the last quarter. Private Trust Co. NA raised its holdings 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 worth $61,000 after acquiring an additional 37 shares during the period. 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 acquiring an additional 41 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on DPZ shares. Oppenheimer lifted their price objective on Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Barclays increased their price objective on Domino’s Pizza from $402.00 to $420.00 and gave the company an “underweight” rating in a research report on Tuesday, February 25th. Citigroup boosted their target price on shares of Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 19th. Wedbush reissued an “outperform” rating and issued a $500.00 price target on shares of Domino’s Pizza in a report on Tuesday, February 25th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $500.00 price objective on shares of Domino’s Pizza in a report on Thursday, February 20th. 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. Based on data from MarketBeat, Domino’s Pizza has an average rating of “Moderate Buy” and a consensus price target of $503.41.

Domino’s Pizza Trading Down 1.0 %

NASDAQ:DPZ opened at $461.40 on Friday. The stock has a market capitalization of $15.82 billion, a P/E ratio of 28.34, a price-to-earnings-growth 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 firm has a 50 day moving average of $454.96 and a 200-day moving average of $439.66.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results on Monday, February 24th. The restaurant operator reported $4.89 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same period last year, the business posted $4.48 earnings per share. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. As a group, analysts forecast that Domino’s Pizza, Inc. will post 16.74 EPS for the current fiscal 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 given a dividend of $1.74 per share. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.51. This represents a $6.96 dividend on an annualized basis and a yield of 1.51%. Domino’s Pizza’s dividend payout ratio is presently 41.70%.

Insider Activity

In other news, EVP Kelly E. Garcia sold 2,104 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total value of $917,933.12. Following the transaction, the executive vice president now owns 5,699 shares of the company’s stock, valued at $2,486,359.72. This represents a 26.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kevin Scott Morris sold 5,416 shares of the company’s stock in a transaction dated 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 completion of the sale, the executive vice president now owns 793 shares of the company’s stock, valued at $346,541. This represents a 87.23 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,597 shares of company stock valued at $3,762,052. 0.76% of the stock is currently owned by 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.