Jones Financial Companies Lllp Buys 489 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Jones Financial Companies Lllp increased its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 97.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 990 shares of the restaurant operator’s stock after purchasing an additional 489 shares during the quarter. Jones Financial Companies Lllp’s holdings in Domino’s Pizza were worth $415,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. KG&L Capital Management LLC increased its stake in Domino’s Pizza by 1.4% in the 4th quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator’s stock worth $724,000 after acquiring an additional 23 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of Domino’s Pizza by 2.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock valued at $486,000 after purchasing an additional 23 shares during the last quarter. Greenleaf Trust raised its position in Domino’s Pizza by 3.1% in the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock worth $358,000 after purchasing an additional 26 shares during the period. Stephens Inc. AR lifted its stake in Domino’s Pizza by 1.3% in the fourth quarter. Stephens Inc. AR now owns 2,413 shares of the restaurant operator’s stock worth $1,013,000 after purchasing an additional 31 shares during the last quarter. Finally, Principal Securities Inc. boosted its position in Domino’s Pizza by 3.3% during the fourth quarter. Principal Securities Inc. now owns 1,076 shares of the restaurant operator’s stock valued at $452,000 after buying an additional 34 shares during the period. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Stock Down 2.2 %

Shares of NASDAQ DPZ opened at $430.56 on Wednesday. The firm’s 50-day moving average price is $450.39 and its 200-day moving average price is $437.97. Domino’s Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The company has a market cap of $14.77 billion, a PE ratio of 26.45, a PEG ratio of 2.47 and a beta of 1.06.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings results 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 company earned $4.48 earnings per share. Domino’s Pizza’s quarterly revenue was up 2.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Domino’s Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a $1.74 dividend. The ex-dividend date is Friday, March 14th. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a yield of 1.62%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 41.70%.

Analysts Set New Price Targets

DPZ has been the topic of several recent analyst reports. Stephens restated an “equal weight” rating and issued a $440.00 target price on shares of Domino’s Pizza in a report on Monday, March 3rd. Citigroup increased their price target on shares of Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a research report on Wednesday, February 19th. 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 report on Tuesday, January 7th. TD Cowen reaffirmed a “buy” rating and set a $490.00 price objective on shares of Domino’s Pizza in a research note on Monday, February 24th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 target price on shares of Domino’s Pizza in a research note on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and an average target price of $503.41.

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.