Leonteq Securities AG purchased a new position in Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm purchased 2,772 shares of the restaurant operator’s stock, valued at approximately $1,155,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Berkshire Hathaway Inc boosted its stake in Domino’s Pizza by 13.2% during the 3rd quarter. Berkshire Hathaway Inc now owns 2,981,945 shares of the restaurant operator’s stock valued at $1,287,335,000 after purchasing an additional 348,077 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Domino’s Pizza by 1.8% during the 3rd quarter. Principal Financial Group Inc. now owns 1,762,568 shares of the restaurant operator’s stock valued at $760,939,000 after purchasing an additional 30,647 shares during the last quarter. Invesco Ltd. boosted its stake in Domino’s Pizza by 9.3% during the 3rd quarter. Invesco Ltd. now owns 919,830 shares of the restaurant operator’s stock valued at $397,100,000 after purchasing an additional 78,594 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Domino’s Pizza by 21,977.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator’s stock valued at $381,254,000 after purchasing an additional 910,529 shares during the last quarter. Finally, Marshfield Associates boosted its stake in Domino’s Pizza by 4.0% during the 3rd quarter. Marshfield Associates now owns 744,515 shares of the restaurant operator’s stock valued at $321,415,000 after purchasing an additional 28,765 shares during the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.
Insider Buying and Selling at Domino’s Pizza
In other news, EVP Kelly E. Garcia sold 488 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $332.31, for a total transaction of $162,167.28. Following the transaction, the executive vice president directly owned 9,352 shares of the company’s stock, valued at $3,107,763.12. This represents a 4.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.89% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on DPZ
Domino’s Pizza Price Performance
NASDAQ DPZ opened at $316.47 on Friday. The business’s fifty day moving average price is $354.46 and its 200-day moving average price is $389.77. The stock has a market capitalization of $10.53 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 1.46 and a beta of 1.02. Domino’s Pizza Inc has a 1-year low of $297.48 and a 1-year high of $496.00.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last released its quarterly earnings results on Monday, April 27th. The restaurant operator reported $4.13 earnings per share for the quarter, missing the consensus estimate of $4.29 by ($0.16). The firm had revenue of $1.15 billion for the quarter. Domino’s Pizza had a net margin of 11.89% and a negative return on equity of 15.04%. Domino’s Pizza’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter last year, the firm earned $4.33 earnings per share. Equities research analysts anticipate that Domino’s Pizza Inc will post 19.15 EPS for the current year.
Domino’s Pizza Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $1.99 per share. This represents a $7.96 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. Domino’s Pizza’s dividend payout ratio is presently 45.83%.
About Domino’s Pizza
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of handâcrafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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