SBI Securities Co. Ltd. Buys Shares of 673 Domino’s Pizza, Inc. (NASDAQ:DPZ)

SBI Securities Co. Ltd. bought a new stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 673 shares of the restaurant operator’s stock, valued at approximately $282,000.

Other large investors also recently added to or reduced their stakes in the company. Sherman Asset Management Inc. acquired a new stake in shares of Domino’s Pizza in the 4th quarter valued at approximately $25,000. True Wealth Design LLC raised its position in shares of Domino’s Pizza by 2,033.3% in the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 61 shares during the period. Rakuten Securities Inc. raised its position in shares of Domino’s Pizza by 195.6% in the 3rd quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock valued at $57,000 after acquiring an additional 88 shares during the period. Private Trust Co. NA raised its position in shares of Domino’s Pizza by 34.3% in the 4th quarter. Private Trust Co. NA now owns 145 shares of the restaurant operator’s stock valued at $61,000 after acquiring an additional 37 shares during the period. Finally, Allworth Financial LP raised its position in shares of Domino’s Pizza by 37.6% in the 4th quarter. Allworth Financial LP now owns 150 shares of the restaurant operator’s stock valued at $66,000 after acquiring an additional 41 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Trading Down 1.2 %

NASDAQ:DPZ opened at $476.18 on Thursday. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75. The firm has a fifty day simple moving average of $447.99 and a 200 day simple moving average of $437.05. The stock has a market capitalization of $16.33 billion, a PE ratio of 29.25, a P/E/G ratio of 2.47 and a beta of 1.06.

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 net margin of 12.26% and a negative return on equity of 14.35%. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the prior year, the business posted $4.48 earnings per share. Domino’s Pizza’s quarterly revenue was up 2.9% compared to the same quarter last year. On average, equities analysts predict that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current fiscal 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 given a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a yield of 1.46%. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Friday, March 14th. Domino’s Pizza’s payout ratio is 41.70%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DPZ. Oppenheimer increased their price target 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. BMO Capital Markets raised their target price on shares of Domino’s Pizza from $500.00 to $515.00 and gave the stock an “outperform” rating in a report on Tuesday, February 25th. Argus downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Benchmark restated a “buy” rating and set a $520.00 target price on shares of Domino’s Pizza in a report on Tuesday, February 25th. Finally, Stephens restated an “equal weight” rating and set a $440.00 target price on shares of Domino’s Pizza in a report on Monday. One 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 issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.