Proficio Capital Partners LLC bought a new stake in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 37,460 shares of the restaurant operator's stock, valued at approximately $15,724,000. Proficio Capital Partners LLC owned 0.11% of Domino's Pizza at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. True Wealth Design LLC lifted its position in Domino's Pizza by 2,033.3% in the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator's stock valued at $28,000 after purchasing an additional 61 shares during the period. Rakuten Securities Inc. lifted its holdings 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 buying an additional 88 shares during the period. Allworth Financial LP lifted its holdings 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 buying an additional 41 shares during the period. Blue Trust Inc. boosted its stake in shares of Domino's Pizza by 57.9% in the fourth quarter. Blue Trust Inc. now owns 199 shares of the restaurant operator's stock valued at $86,000 after buying an additional 73 shares in the last quarter. Finally, ORG Wealth Partners LLC grew its holdings in Domino's Pizza by 21.3% during the fourth quarter. ORG Wealth Partners LLC now owns 262 shares of the restaurant operator's stock worth $110,000 after acquiring an additional 46 shares during the period. Hedge funds and other institutional investors own 94.63% of the company's stock.
DPZ has been the topic of several research analyst reports. Argus lowered shares of Domino's Pizza from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. 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 research report on Tuesday, February 25th. Benchmark reiterated a "buy" rating and set a $520.00 price target on shares of Domino's Pizza in a research report on Tuesday, February 25th. Barclays upped their price target on Domino's Pizza from $402.00 to $420.00 and gave the stock an "underweight" rating in a report on Tuesday, February 25th. Finally, Loop Capital dropped their price objective on Domino's Pizza from $559.00 to $555.00 and set a "buy" rating for the company in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $503.41.
Read Our Latest Stock Analysis on Domino's Pizza
Shares of NASDAQ DPZ opened at $489.71 on Friday. The firm's 50 day moving average price is $444.92 and its 200 day moving average price is $436.26. The firm has a market cap of $16.80 billion, a P/E ratio of 30.08, a price-to-earnings-growth 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 - Get Free Report) last announced its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 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 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%. Domino's Pizza's revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $4.48 EPS. As a group, equities analysts predict that Domino's Pizza, Inc. will post 16.74 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a $1.74 dividend. 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. This represents a $6.96 annualized dividend and a yield of 1.42%. Domino's Pizza's payout ratio is 41.70%.
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.
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