Domino’s Pizza, Inc. (NYSE:DPZ) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky lessened its position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,024 shares of the restaurant operator’s stock after selling 165 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Domino’s Pizza were worth $1,246,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Coatue Management LLC purchased a new stake in Domino’s Pizza in the fourth quarter valued at approximately $322,859,000. Norges Bank acquired a new stake in shares of Domino’s Pizza in the fourth quarter worth $208,604,000. International Assets Investment Management LLC raised its holdings in shares of Domino’s Pizza by 39,287.9% during the fourth quarter. International Assets Investment Management LLC now owns 499,438 shares of the restaurant operator’s stock worth $205,883,000 after purchasing an additional 498,170 shares during the last quarter. TD Asset Management Inc lifted its position in Domino’s Pizza by 66.8% during the fourth quarter. TD Asset Management Inc now owns 497,111 shares of the restaurant operator’s stock valued at $204,924,000 after purchasing an additional 199,060 shares during the period. Finally, Northern Trust Corp boosted its holdings in Domino’s Pizza by 9.4% in the third quarter. Northern Trust Corp now owns 381,443 shares of the restaurant operator’s stock valued at $144,487,000 after purchasing an additional 32,820 shares during the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Russell J. Weiner sold 11,780 shares of the company’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 transaction, the chief executive officer now owns 32,001 shares of the company’s stock, valued at approximately $16,844,366.37. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, EVP Cynthia A. Headen sold 745 shares of Domino’s Pizza stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $530.30, for a total value of $395,073.50. Following the completion of the sale, the executive vice president now owns 3,910 shares in the company, valued at approximately $2,073,473. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Russell J. Weiner sold 11,780 shares of the company’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 transaction, the chief executive officer now owns 32,001 shares in the company, valued at $16,844,366.37. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,633 shares of company stock worth $6,649,181. Company insiders own 0.76% of the company’s stock.

Analyst Upgrades and Downgrades

DPZ has been the subject of several analyst reports. Stifel Nicolaus boosted their price objective on Domino’s Pizza from $500.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Benchmark upped their price objective on Domino’s Pizza from $510.00 to $575.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Stephens lifted their target price on shares of Domino’s Pizza from $479.00 to $513.00 and gave the company an “equal weight” rating in a report on Tuesday, April 30th. Evercore ISI boosted their target price on shares of Domino’s Pizza from $510.00 to $560.00 and gave the company an “outperform” rating in a research note on Monday, April 8th. Finally, HSBC raised their price target on shares of Domino’s Pizza from $507.00 to $583.00 and gave the company a “buy” rating in a research report on Tuesday, April 30th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $525.66.

Domino’s Pizza Stock Down 0.6 %

Shares of DPZ opened at $521.83 on Monday. The stock has a fifty day simple moving average of $511.20 and a two-hundred day simple moving average of $462.26. The company has a market capitalization of $18.20 billion, a PE ratio of 34.06, a price-to-earnings-growth ratio of 2.59 and a beta of 0.85. Domino’s Pizza, Inc. has a 52-week low of $313.87 and a 52-week high of $542.75.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Monday, April 29th. The restaurant operator reported $3.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.46 by $0.12. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Domino’s Pizza had a net margin of 11.90% and a negative return on equity of 13.19%. Domino’s Pizza’s revenue was up 5.9% compared to the same quarter last year. During the same period last year, the business earned $2.93 earnings per share. As a group, equities analysts anticipate that Domino’s Pizza, Inc. will post 16 earnings per share for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued 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%.

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.