Xponance Inc. Has $2.50 Million Stock Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Xponance Inc. grew its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 2.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 5,956 shares of the restaurant operator’s stock after buying an additional 119 shares during the quarter. Xponance Inc.’s holdings in Domino’s Pizza were worth $2,500,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Berkshire Hathaway Inc acquired a new stake in Domino’s Pizza in the 3rd quarter valued at approximately $549,399,000. FMR LLC grew its stake in shares of Domino’s Pizza by 16.3% during the 3rd quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock worth $941,936,000 after acquiring an additional 307,528 shares in the last quarter. Champlain Investment Partners LLC acquired a new stake in shares of Domino’s Pizza in the third quarter valued at approximately $99,352,000. Vaughan Nelson Investment Management L.P. acquired a new position in Domino’s Pizza during the fourth quarter worth $41,701,000. Finally, Raymond James Financial Inc. bought a new position in Domino’s Pizza in the fourth quarter valued at $32,592,000. Institutional investors own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on DPZ shares. Morgan Stanley cut their price target on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. Robert W. Baird decreased their price target on Domino’s Pizza from $545.00 to $510.00 and set an “outperform” rating for the company in a research note on Tuesday, February 25th. Barclays boosted their price target on Domino’s Pizza from $402.00 to $420.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 25th. Stephens reissued an “equal weight” rating and issued a $440.00 price objective on shares of Domino’s Pizza in a report on Monday, March 3rd. Finally, Royal Bank of Canada restated an “outperform” rating and set a $500.00 target price on shares of Domino’s Pizza in a report on Thursday, February 20th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $503.41.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, CFO Reddy Sandeep sold 1,077 shares of the firm’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total value of $477,326.40. Following the transaction, the chief financial officer now directly owns 8,081 shares of the company’s stock, valued at $3,581,499.20. This trade represents a 11.76 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kevin Scott Morris sold 5,416 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the sale, the executive vice president now directly owns 793 shares of the company’s stock, valued at approximately $346,541. This trade represents a 87.23 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,597 shares of company stock valued at $3,762,052 in the last three months. Corporate insiders own 0.76% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of Domino’s Pizza stock opened at $461.40 on Friday. Domino’s Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The stock has a market cap of $15.82 billion, a PE ratio of 28.34, a PEG ratio of 2.47 and a beta of 1.06. The firm has a 50-day moving average of $454.96 and a 200-day moving average of $439.41.

Domino’s Pizza (NASDAQ:DPZ) last announced its earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $1.47 billion. During the same quarter in the previous year, the company earned $4.48 EPS. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. Equities research 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 paid a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Friday, March 14th. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.51. Domino’s Pizza’s dividend payout ratio (DPR) is 41.70%.

About Domino’s Pizza

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.