Level Four Advisory Services LLC Raises Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Level Four Advisory Services LLC increased its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 3.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 979 shares of the restaurant operator’s stock after acquiring an additional 31 shares during the quarter. Level Four Advisory Services LLC’s holdings in Domino’s Pizza were worth $411,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. KG&L Capital Management LLC boosted its position in Domino’s Pizza by 1.4% during the fourth quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator’s stock worth $724,000 after purchasing an additional 23 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in Domino’s Pizza by 2.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock worth $486,000 after buying an additional 23 shares during the period. Greenleaf Trust grew its stake in Domino’s Pizza by 3.1% in the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock valued at $358,000 after buying an additional 26 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings 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 valued at $38,000 after acquiring an additional 26 shares during the period. Finally, Larson Financial Group LLC lifted its position in shares of Domino’s Pizza by 2.8% during the fourth quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator’s stock worth $427,000 after acquiring an additional 28 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Trading Up 2.8 %

NASDAQ:DPZ opened at $459.45 on Tuesday. Domino’s Pizza, Inc. has a 12 month low of $396.06 and a 12 month 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. The stock has a market cap of $15.76 billion, a price-to-earnings ratio of 28.22, a P/E/G ratio of 2.47 and a beta of 1.06.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data 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). 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 for the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the previous year, the firm posted $4.48 earnings per share. The business’s revenue was up 2.9% compared to the same quarter last year. Equities analysts forecast that Domino’s Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were given a dividend of $1.74 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $6.96 annualized dividend and a yield of 1.51%. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.51. Domino’s Pizza’s dividend payout ratio (DPR) is currently 41.70%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on DPZ. Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 price target on shares of Domino’s Pizza in a research report on Thursday, February 20th. Barclays increased their price target on shares of Domino’s Pizza from $402.00 to $420.00 and gave the stock an “underweight” rating in a report on Tuesday, February 25th. Oppenheimer boosted their price objective on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Argus lowered shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, Loop Capital lowered their price objective on Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating on the stock in a research report on Tuesday, February 25th. One 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 given a strong buy rating to the stock. According to MarketBeat, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and an average price target of $503.41.

Insider Activity

In other news, EVP Kelly E. Garcia sold 2,104 shares of Domino’s Pizza stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total transaction of $917,933.12. Following the completion of the transaction, the executive vice president now directly owns 5,699 shares in the company, valued at approximately $2,486,359.72. This trade represents a 26.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kevin Scott Morris sold 5,416 shares of the company’s stock in a transaction that occurred 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. The trade was a 87.23 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,597 shares of company stock worth $3,762,052. Corporate insiders own 0.83% of the company’s stock.

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.