B. Metzler seel. Sohn & Co. AG Cuts Stock Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

B. Metzler seel. Sohn & Co. AG trimmed its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 40.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 946 shares of the restaurant operator’s stock after selling 635 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Domino’s Pizza were worth $397,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of DPZ. Alliancebernstein L.P. boosted its position in shares of Domino’s Pizza by 7.3% in the 4th quarter. Alliancebernstein L.P. now owns 42,832 shares of the restaurant operator’s stock worth $17,979,000 after purchasing an additional 2,918 shares in the last quarter. RWA Wealth Partners LLC raised its stake in Domino’s Pizza by 10.3% in the fourth quarter. RWA Wealth Partners LLC now owns 706 shares of the restaurant operator’s stock valued at $296,000 after buying an additional 66 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Domino’s Pizza by 38.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 130,522 shares of the restaurant operator’s stock worth $54,788,000 after acquiring an additional 36,161 shares in the last quarter. American Money Management LLC grew its stake in shares of Domino’s Pizza by 1.0% during the fourth quarter. American Money Management LLC now owns 12,276 shares of the restaurant operator’s stock worth $5,153,000 after acquiring an additional 120 shares during the last quarter. Finally, Allstate Corp acquired a new position in shares of Domino’s Pizza during the fourth quarter valued at about $427,000. 94.63% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Kelly E. Garcia sold 2,104 shares of the business’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total transaction of $917,933.12. Following the transaction, the executive vice president now directly owns 5,699 shares in the company, valued at approximately $2,486,359.72. The trade was a 26.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Kevin Scott Morris sold 5,416 shares of the 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 owns 793 shares of the company’s stock, valued at approximately $346,541. The trade was a 87.23 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 8,996 shares of company stock worth $3,946,461. Corporate insiders own 0.83% of the company’s stock.

Domino’s Pizza Trading Down 4.2 %

NASDAQ DPZ opened at $444.21 on Friday. The stock has a market capitalization of $15.24 billion, a price-to-earnings ratio of 27.29, a PEG ratio of 2.47 and a beta of 1.15. The stock has a 50-day moving average of $461.64 and a 200 day moving average of $443.04. 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 announced its earnings results 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). The business had revenue of $1.44 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the company earned $4.48 earnings per share. Equities analysts predict that Domino’s Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a $1.74 dividend. This represents a $6.96 annualized dividend and a yield of 1.57%. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date was Friday, March 14th. Domino’s Pizza’s payout ratio is presently 41.70%.

Analysts Set New Price Targets

Several analysts have weighed in on DPZ shares. BMO Capital Markets boosted 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. Argus lowered shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Oppenheimer upped their target price on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Barclays lifted 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. Finally, Stephens reissued an “equal weight” rating and issued a $440.00 price objective on shares of Domino’s Pizza in a report on Wednesday. One analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price 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.