Fjarde AP Fonden Fourth Swedish National Pension Fund Has $3.24 Million Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 24.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,721 shares of the restaurant operator’s stock after purchasing an additional 1,500 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Domino’s Pizza were worth $3,241,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. True Wealth Design LLC grew its position in Domino’s Pizza by 2,033.3% during the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 61 shares during the last quarter. Blue Trust Inc. boosted its stake in Domino’s Pizza by 100.0% in the third quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock worth $54,000 after purchasing an additional 63 shares in the last quarter. Rakuten Securities Inc. grew its holdings in shares of Domino’s Pizza by 195.6% during the third quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock worth $57,000 after purchasing an additional 88 shares during the last quarter. Allworth Financial LP increased its stake in shares of Domino’s Pizza by 37.6% in the fourth quarter. Allworth Financial LP now owns 150 shares of the restaurant operator’s stock valued at $66,000 after buying an additional 41 shares in the last quarter. Finally, ORG Wealth Partners LLC raised its holdings in shares of Domino’s Pizza by 21.3% in the fourth quarter. ORG Wealth Partners LLC now owns 262 shares of the restaurant operator’s stock valued at $110,000 after buying an additional 46 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. TD Securities reissued a “buy” rating and set a $490.00 price objective on shares of Domino’s Pizza in a report on Monday. Citigroup increased their price target on shares of Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a research note on Wednesday, February 19th. Royal Bank of Canada restated an “outperform” rating and issued a $500.00 price objective on shares of Domino’s Pizza in a research report on Thursday, February 20th. Loop Capital reduced their price objective on Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, Benchmark reissued a “buy” rating and issued a $520.00 target price on shares of Domino’s Pizza in a research note on Tuesday. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and an average price target of $503.41.

Domino’s Pizza Stock Up 3.2 %

DPZ opened at $470.14 on Wednesday. The stock 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 12 month low of $396.06 and a 12 month high of $542.75. The company has a fifty day simple moving average of $441.59 and a 200 day simple moving average of $435.35.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings results 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 business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter last year, the company earned $4.48 earnings per share. The firm’s revenue was up 2.9% compared to the same quarter last year. 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 business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $1.74 per share. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend is Friday, March 14th. Domino’s Pizza’s dividend payout ratio (DPR) is 37.10%.

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.