182 Shares in Domino’s Pizza, Inc. (NYSE:DPZ) Purchased by Alaska Permanent Fund Corp

Alaska Permanent Fund Corp bought a new stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 182 shares of the restaurant operator’s stock, valued at approximately $90,000.

A number of other hedge funds have also made changes to their positions in DPZ. Rafferty Asset Management LLC grew its position in shares of Domino’s Pizza by 7.3% in the third quarter. Rafferty Asset Management LLC now owns 2,866 shares of the restaurant operator’s stock valued at $1,086,000 after purchasing an additional 195 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Domino’s Pizza in the third quarter valued at approximately $334,000. Nordea Investment Management AB grew its position in shares of Domino’s Pizza by 39.6% in the third quarter. Nordea Investment Management AB now owns 3,388 shares of the restaurant operator’s stock valued at $1,295,000 after purchasing an additional 961 shares in the last quarter. Rathbones Group PLC purchased a new stake in shares of Domino’s Pizza in the third quarter valued at approximately $379,000. Finally, V Square Quantitative Management LLC purchased a new stake in shares of Domino’s Pizza in the third quarter valued at approximately $186,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on DPZ. JPMorgan Chase & Co. restated a “neutral” rating and issued a $430.00 price target (up from $420.00) on shares of Domino’s Pizza in a research report on Tuesday, February 27th. Deutsche Bank Aktiengesellschaft increased their price objective on Domino’s Pizza from $555.00 to $580.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Evercore ISI increased their price objective on Domino’s Pizza from $510.00 to $560.00 and gave the stock an “outperform” rating in a research report on Monday, April 8th. Royal Bank of Canada reiterated an “outperform” rating and issued a $575.00 price objective on shares of Domino’s Pizza in a research report on Thursday. Finally, HSBC increased their price objective on Domino’s Pizza from $507.00 to $583.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and nineteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Moderate Buy” and an average price target of $525.66.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, CEO Russell J. Weiner sold 11,780 shares of the firm’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $526.37, for a total value of $6,200,638.60. Following the sale, the chief executive officer now directly owns 32,001 shares in the company, valued at $16,844,366.37. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 745 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $530.30, for a total transaction of $395,073.50. Following the transaction, the executive vice president now owns 3,910 shares of the company’s stock, valued at $2,073,473. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Russell J. Weiner sold 11,780 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $526.37, for a total value of $6,200,638.60. Following the transaction, the chief executive officer now directly owns 32,001 shares in the company, valued at approximately $16,844,366.37. The disclosure for this sale can be found here. Insiders have sold a total of 12,633 shares of company stock worth $6,649,181 over the last ninety days. Corporate insiders own 0.76% of the company’s stock.

Domino’s Pizza Trading Down 0.6 %

Shares of NYSE DPZ opened at $521.83 on Friday. The stock has a market cap of $18.20 billion, a P/E ratio of 34.06, a PEG ratio of 2.59 and a beta of 0.85. Domino’s Pizza, Inc. has a 12-month low of $313.87 and a 12-month high of $542.75. The business’s fifty day simple moving average is $511.20 and its 200-day simple moving average is $461.77.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings results on Monday, April 29th. The restaurant operator reported $3.58 earnings per share for the quarter, beating analysts’ consensus estimates of $3.46 by $0.12. Domino’s Pizza had a negative return on equity of 13.19% and a net margin of 11.90%. The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the firm earned $2.93 earnings per share. Domino’s Pizza’s quarterly revenue was up 5.9% on a year-over-year basis. On average, equities analysts forecast that Domino’s Pizza, Inc. will post 16 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Friday, June 14th. Domino’s Pizza’s dividend payout ratio is presently 39.43%.

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.