SWS Partners Increases Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

SWS Partners boosted its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 1.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,243 shares of the restaurant operator’s stock after buying an additional 41 shares during the quarter. SWS Partners’ holdings in Domino’s Pizza were worth $1,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of DPZ. abrdn plc grew its stake in shares of Domino’s Pizza by 0.9% during the third quarter. abrdn plc now owns 13,432 shares of the restaurant operator’s stock valued at $5,841,000 after buying an additional 119 shares during the last quarter. US Bancorp DE grew its position in Domino’s Pizza by 5.8% during the 3rd quarter. US Bancorp DE now owns 6,590 shares of the restaurant operator’s stock worth $2,835,000 after acquiring an additional 360 shares during the last quarter. Stephens Inc. AR increased its stake in Domino’s Pizza by 6.6% in the 3rd quarter. Stephens Inc. AR now owns 2,382 shares of the restaurant operator’s stock worth $1,025,000 after purchasing an additional 148 shares during the period. Janney Montgomery Scott LLC lifted its position in Domino’s Pizza by 7.9% in the third quarter. Janney Montgomery Scott LLC now owns 2,924 shares of the restaurant operator’s stock valued at $1,258,000 after purchasing an additional 215 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its stake in shares of Domino’s Pizza by 108.5% during the third quarter. Harbor Capital Advisors Inc. now owns 3,913 shares of the restaurant operator’s stock valued at $1,683,000 after purchasing an additional 2,036 shares during the period. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Price Performance

Shares of NASDAQ:DPZ opened at $483.82 on Tuesday. The business has a fifty day moving average price of $446.07 and a 200-day moving average price of $436.50. The company has a market capitalization of $16.59 billion, a PE ratio of 29.72, a PEG ratio of 2.47 and a beta of 0.90. 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 quarterly earnings data 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). The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.47 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.48 earnings per share. On average, sell-side analysts anticipate that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $1.74 dividend. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.51. This represents a $6.96 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date of this dividend is Friday, March 14th. Domino’s Pizza’s payout ratio is presently 41.70%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. TD Securities reaffirmed a “buy” rating and issued a $490.00 target price on shares of Domino’s Pizza in a research note on Monday, February 24th. 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. Loop Capital dropped their target price on shares of Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating for the company in a report on Tuesday, February 25th. TD Cowen reissued a “buy” rating and issued a $490.00 target price on shares of Domino’s Pizza in a research note on Monday, February 24th. Finally, Robert W. Baird lowered their price target on Domino’s Pizza from $545.00 to $510.00 and set an “outperform” rating for the company in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $503.41.

Domino’s Pizza Company 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.