Atria Wealth Solutions Inc. Trims Stock Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Atria Wealth Solutions Inc. lowered its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 41.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 688 shares of the restaurant operator’s stock after selling 496 shares during the period. Atria Wealth Solutions Inc.’s holdings in Domino’s Pizza were worth $289,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of DPZ. True Wealth Design LLC raised its position 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 purchasing an additional 61 shares during the period. Blue Trust Inc. increased its position in Domino’s Pizza by 100.0% in the 3rd quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock valued at $54,000 after acquiring an additional 63 shares during the period. Rakuten Securities Inc. boosted its stake in Domino’s Pizza by 195.6% during the 3rd quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock valued at $57,000 after purchasing an additional 88 shares in the last quarter. Allworth Financial LP boosted its stake in Domino’s Pizza by 37.6% during the 4th quarter. Allworth Financial LP now owns 150 shares of the restaurant operator’s stock valued at $66,000 after purchasing an additional 41 shares in the last quarter. Finally, ORG Wealth Partners LLC boosted its stake in Domino’s Pizza by 21.3% during the 4th quarter. ORG Wealth Partners LLC now owns 262 shares of the restaurant operator’s stock valued at $110,000 after purchasing an additional 46 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Stock Up 1.5 %

DPZ stock opened at $489.71 on Friday. Domino’s Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $542.75. The company has a market cap of $16.91 billion, a PE ratio of 30.08, a price-to-earnings-growth ratio of 2.47 and a beta of 0.90. The business’s 50-day simple moving average is $444.92 and its 200 day simple moving average is $436.29.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share for the quarter, missing analysts’ consensus estimates of $4.93 by ($0.04). Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same period last year, the business earned $4.48 earnings per share. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. On average, equities research analysts anticipate that Domino’s Pizza, Inc. will post 16.74 EPS for the current year.

Domino’s Pizza Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a yield of 1.42%. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date is Friday, March 14th. Domino’s Pizza’s payout ratio is presently 37.10%.

Wall Street Analyst Weigh In

DPZ has been the subject of several research reports. TD Securities reissued a “buy” rating and set a $490.00 price objective on shares of Domino’s Pizza in a research note on Monday, February 24th. BMO Capital Markets increased their price objective on Domino’s Pizza from $500.00 to $515.00 and gave the stock an “outperform” rating in a report on Tuesday. Loop Capital cut their target price on Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating on the stock in a report on Tuesday. Argus lowered Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Robert W. Baird cut their target price on Domino’s Pizza from $545.00 to $510.00 and set an “outperform” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $503.41.

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.