Fjarde AP Fonden Fourth Swedish National Pension Fund Has $3.24 Million Stock Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 24.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,721 shares of the restaurant operator’s stock after purchasing an additional 1,500 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Domino’s Pizza were worth $3,241,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. KG&L Capital Management LLC raised its position in Domino’s Pizza by 1.4% during the fourth 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 in the last quarter. Greenleaf Trust raised its holdings in shares of Domino’s Pizza by 3.1% in the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock valued at $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 4th quarter. Stephens Inc. AR now owns 2,413 shares of the restaurant operator’s stock valued at $1,013,000 after purchasing an additional 31 shares during the last quarter. Principal Securities Inc. grew its holdings 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 worth $452,000 after purchasing an additional 34 shares during the period. Finally, Shepherd Financial Partners LLC grew its holdings in Domino’s Pizza by 2.0% during the third quarter. Shepherd Financial Partners LLC now owns 2,006 shares of the restaurant operator’s stock worth $863,000 after purchasing an additional 40 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DPZ. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price objective on shares of Domino’s Pizza in a research report on Thursday, February 20th. Oppenheimer raised their price target on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Citigroup upped their price objective on shares of Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a report on Wednesday, February 19th. Stephens raised their target price on shares of Domino’s Pizza from $420.00 to $440.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Finally, Benchmark reiterated a “buy” rating and issued a $520.00 price target on shares of Domino’s Pizza in a research note on Tuesday. One analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $503.41.

Domino’s Pizza Trading Up 3.2 %

Shares of Domino’s Pizza stock opened at $470.14 on Wednesday. The company has a market cap of $16.23 billion, a PE ratio of 28.88, a price-to-earnings-growth ratio of 2.47 and a beta of 0.90. The company has a 50 day moving average of $441.59 and a 200-day moving average of $435.35. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75.

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 the consensus estimate 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 business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the previous year, the company earned $4.48 earnings per share. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. Research analysts forecast that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino’s Pizza Increases Dividend

The firm also recently announced 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. This represents a $6.96 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. Domino’s Pizza’s payout ratio is currently 37.10%.

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.