544 Shares in Domino’s Pizza, Inc. (NASDAQ:DPZ) Acquired by Clare Market Investments LLC

Clare Market Investments LLC purchased a new position in Domino’s Pizza, Inc. (NASDAQ:DPZ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 544 shares of the restaurant operator’s stock, valued at approximately $228,000.

A number of other hedge funds also recently modified their holdings of the stock. Independent Advisor Alliance raised its holdings in Domino’s Pizza by 30.1% during the 4th quarter. Independent Advisor Alliance now owns 825 shares of the restaurant operator’s stock valued at $346,000 after acquiring an additional 191 shares during the period. Daiwa Securities Group Inc. raised its holdings in Domino’s Pizza by 9.1% during the 4th quarter. Daiwa Securities Group Inc. now owns 5,188 shares of the restaurant operator’s stock valued at $2,177,000 after acquiring an additional 431 shares during the period. Larson Financial Group LLC raised its holdings in Domino’s Pizza by 2.8% during the 4th quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator’s stock valued at $427,000 after acquiring an additional 28 shares during the period. E Fund Management Co. Ltd. bought a new stake in Domino’s Pizza during the 4th quarter valued at $477,000. Finally, HS Management Partners LLC raised its holdings in Domino’s Pizza by 11.6% during the 4th quarter. HS Management Partners LLC now owns 96,140 shares of the restaurant operator’s stock valued at $40,356,000 after acquiring an additional 10,010 shares during the period. Institutional investors own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Robert W. Baird lowered their target price on shares of Domino’s Pizza from $545.00 to $510.00 and set an “outperform” rating on the stock in a report on Tuesday, February 25th. Loop Capital decreased their price target on shares of Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating on the stock in a report on Tuesday, February 25th. BMO Capital Markets upped their price target 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 cut shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price target on shares of Domino’s Pizza in a report on Thursday, February 20th. One equities research 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 company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $503.41.

Domino’s Pizza Stock Down 6.8 %

NASDAQ DPZ opened at $440.03 on Tuesday. The company has a 50-day simple moving average of $450.17 and a two-hundred day simple moving average of $437.93. Domino’s Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $542.75. The firm has a market cap of $15.09 billion, a price-to-earnings ratio of 27.03, a PEG ratio of 2.47 and a beta of 1.06.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.93 by ($0.04). The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.47 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.48 earnings per share. Equities analysts expect 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. Stockholders of record on Friday, March 14th will be paid a dividend of $1.74 per share. This represents a $6.96 annualized dividend and a dividend yield of 1.58%. This is an increase 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 dividend payout ratio is 41.70%.

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.