Y Intercept Hong Kong Ltd Buys New Stake in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Y Intercept Hong Kong Ltd acquired a new position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,315 shares of the restaurant operator’s stock, valued at approximately $552,000.

Several other large investors have also recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA bought a new stake in Domino’s Pizza during the fourth quarter worth about $334,000. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Domino’s Pizza by 24.1% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 7,721 shares of the restaurant operator’s stock worth $3,241,000 after buying an additional 1,500 shares during the last quarter. Cabot Wealth Management Inc. grew its stake in Domino’s Pizza by 10.1% during the fourth quarter. Cabot Wealth Management Inc. now owns 19,000 shares of the restaurant operator’s stock worth $7,975,000 after buying an additional 1,738 shares during the last quarter. First Horizon Advisors Inc. grew its stake in Domino’s Pizza by 105.8% during the fourth quarter. First Horizon Advisors Inc. now owns 883 shares of the restaurant operator’s stock worth $371,000 after buying an additional 454 shares during the last quarter. Finally, Dividend Assets Capital LLC grew its stake in Domino’s Pizza by 31.9% during the fourth quarter. Dividend Assets Capital LLC now owns 7,053 shares of the restaurant operator’s stock worth $2,961,000 after buying an additional 1,707 shares during the last quarter. 94.63% of the stock is owned by institutional investors.

Domino’s Pizza Stock Performance

DPZ opened at $489.71 on Friday. The firm’s fifty day moving average is $444.92 and its two-hundred day moving average is $436.26. The firm has a market cap of $16.80 billion, a PE 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 twelve month low of $396.06 and a twelve month high of $542.75.

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 the consensus estimate 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 company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the prior year, the company earned $4.48 EPS. The firm’s revenue was up 2.9% on a year-over-year basis. Equities analysts forecast that Domino’s Pizza, Inc. will post 16.74 EPS 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. Stockholders of record on Friday, March 14th will be given a dividend of $1.74 per share. 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. This represents a $6.96 annualized dividend and a dividend yield of 1.42%. Domino’s Pizza’s dividend payout ratio is currently 41.70%.

Analysts Set New Price Targets

DPZ has been the topic of a number of research reports. Benchmark reiterated a “buy” rating and set a $520.00 target price on shares of Domino’s Pizza in a research report on Tuesday, February 25th. BMO Capital Markets upped their target price on shares of Domino’s Pizza from $500.00 to $515.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 25th. Wedbush reiterated an “outperform” rating and set a $500.00 target price on shares of Domino’s Pizza in a research report on Tuesday, February 25th. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 target price on shares of Domino’s Pizza in a research report on Thursday, February 20th. Finally, Morgan Stanley reduced their target price 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. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently 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.