Domino’s Pizza, Inc. (NASDAQ:DPZ) Stake Increased by Trillium Asset Management LLC

Trillium Asset Management LLC raised its holdings in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 45.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,282 shares of the restaurant operator’s stock after purchasing an additional 5,703 shares during the period. Trillium Asset Management LLC owned about 0.05% of Domino’s Pizza worth $7,674,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Berkshire Hathaway Inc bought a new stake in Domino’s Pizza during the third quarter valued at $549,399,000. Janney Montgomery Scott LLC grew its position in shares of Domino’s Pizza by 278.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator’s stock worth $4,643,000 after acquiring an additional 8,136 shares during the last quarter. Empowered Funds LLC grew its position in shares of Domino’s Pizza by 44.6% during the fourth quarter. Empowered Funds LLC now owns 5,713 shares of the restaurant operator’s stock worth $2,398,000 after acquiring an additional 1,762 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Domino’s Pizza by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator’s stock worth $98,545,000 after acquiring an additional 2,201 shares during the last quarter. Finally, Alta Capital Management LLC grew its position in shares of Domino’s Pizza by 20.5% during the fourth quarter. Alta Capital Management LLC now owns 7,144 shares of the restaurant operator’s stock worth $2,999,000 after acquiring an additional 1,214 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Up 2.0 %

Domino’s Pizza stock opened at $461.67 on Thursday. The company’s fifty day simple moving average is $452.71 and its 200-day simple moving average is $438.90. Domino’s Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75. The stock has a market cap of $15.83 billion, a P/E ratio of 28.36, a P/E/G ratio of 2.47 and a beta of 1.06.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings data 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). The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.48 earnings per share. On average, equities research 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 firm 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. The ex-dividend date is Friday, March 14th. This is a boost 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 1.51%. Domino’s Pizza’s dividend payout ratio is currently 41.70%.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Loop Capital lowered their price target on shares of Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating for the company in a research report on Tuesday, February 25th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price objective on shares of Domino’s Pizza in a report on Thursday, February 20th. BMO Capital Markets upped their price objective 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. Citigroup upped their price objective on shares of Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a report on Wednesday, February 19th. Finally, Morgan Stanley reduced their price objective on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and a consensus target price 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.