Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lifted its holdings in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 562.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,037 shares of the restaurant operator’s stock after purchasing an additional 50,131 shares during the quarter. Los Angeles Capital Management LLC owned about 0.17% of Domino’s Pizza worth $24,781,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Bank of New York Mellon Corp boosted its holdings in shares of Domino’s Pizza by 3.4% during the fourth quarter. Bank of New York Mellon Corp now owns 267,046 shares of the restaurant operator’s stock worth $112,095,000 after purchasing an additional 8,753 shares during the last quarter. IFP Advisors Inc boosted its holdings in Domino’s Pizza by 50.5% in the fourth quarter. IFP Advisors Inc now owns 5,546 shares of the restaurant operator’s stock valued at $2,331,000 after acquiring an additional 1,861 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Domino’s Pizza in the fourth quarter valued at $552,000. Union Bancaire Privee UBP SA acquired a new position in Domino’s Pizza in the fourth quarter valued at $334,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in Domino’s Pizza by 24.1% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 7,721 shares of the restaurant operator’s stock valued at $3,241,000 after acquiring an additional 1,500 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Stock Up 3.2 %

Shares of Domino’s Pizza stock opened at $470.14 on Wednesday. The firm has a market cap of $16.23 billion, a P/E ratio of 28.88, a P/E/G ratio of 2.47 and a beta of 0.90. Domino’s Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $542.75. The business has a 50-day moving average price of $441.59 and a 200 day moving average price of $435.35.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings data 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 firm earned $4.48 earnings per share. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino’s Pizza Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $1.74 dividend. This is an increase 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 1.48%. The ex-dividend date is Friday, March 14th. Domino’s Pizza’s payout ratio is presently 37.10%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Loop Capital reduced their target price on Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating on the stock in a report on Tuesday. Citigroup lifted their target price on Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a report on Wednesday, February 19th. Argus cut Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Tuesday. Wedbush reiterated an “outperform” rating and issued a $500.00 target price on shares of Domino’s Pizza in a report on Tuesday. Finally, Barclays raised their price objective on Domino’s Pizza from $402.00 to $420.00 and gave the company an “underweight” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $503.41.

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.