Natixis Advisors LLC Boosts Stake in Domino’s Pizza Inc $DPZ

Natixis Advisors LLC lifted its stake in Domino’s Pizza Inc (NASDAQ:DPZ) by 17.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,645 shares of the restaurant operator’s stock after purchasing an additional 5,213 shares during the period. Natixis Advisors LLC’s holdings in Domino’s Pizza were worth $14,858,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Domino’s Pizza by 97.1% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 34 shares in the last quarter. Johnson Financial Group Inc. increased its stake in shares of Domino’s Pizza by 200.0% in the 3rd quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 56 shares in the last quarter. MUFG Securities EMEA plc purchased a new stake in shares of Domino’s Pizza in the 2nd quarter worth $46,000. Smartleaf Asset Management LLC increased its stake in shares of Domino’s Pizza by 64.2% in the 3rd quarter. Smartleaf Asset Management LLC now owns 110 shares of the restaurant operator’s stock worth $48,000 after purchasing an additional 43 shares in the last quarter. Finally, Atlantic Union Bankshares Corp increased its stake in Domino’s Pizza by 85.5% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 141 shares of the restaurant operator’s stock worth $61,000 after buying an additional 65 shares in the last quarter. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino’s Pizza Stock Performance

DPZ stock opened at $313.99 on Friday. The firm has a market cap of $10.44 billion, a PE ratio of 18.08, a PEG ratio of 1.46 and a beta of 0.97. The firm’s 50 day moving average price is $339.09 and its 200-day moving average price is $382.59. Domino’s Pizza Inc has a one year low of $297.48 and a one year high of $496.00.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings results on Monday, April 27th. The restaurant operator reported $4.13 EPS for the quarter, missing the consensus estimate of $4.29 by ($0.16). Domino’s Pizza had a net margin of 11.89% and a negative return on equity of 15.04%. The firm had revenue of $1.15 billion for the quarter. During the same quarter in the previous year, the firm posted $4.33 earnings per share. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. Equities research analysts predict that Domino’s Pizza Inc will post 19.07 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $1.99 dividend. The ex-dividend date is Monday, June 15th. This represents a $7.96 annualized dividend and a dividend yield of 2.5%. Domino’s Pizza’s payout ratio is 45.83%.

Wall Street Analyst Weigh In

DPZ has been the subject of several research reports. Argus raised shares of Domino’s Pizza to a “hold” rating in a report on Monday, March 9th. Deutsche Bank Aktiengesellschaft lowered their target price on Domino’s Pizza from $480.00 to $435.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. TD Cowen lowered their price target on shares of Domino’s Pizza from $377.00 to $350.00 and set a “hold” rating for the company in a report on Wednesday, May 27th. William Blair set a $540.00 price target on shares of Domino’s Pizza in a report on Monday, February 23rd. Finally, Wells Fargo & Company lowered their price target on shares of Domino’s Pizza from $400.00 to $350.00 and set an “equal weight” rating for the company in a report on Tuesday, April 28th. Seventeen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Domino’s Pizza currently has a consensus rating of “Hold” and an average price target of $418.13.

Insider Activity at Domino’s Pizza

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 488 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $313.16, for a total value of $152,822.08. Following the completion of the transaction, the executive vice president owned 9,352 shares in the company, valued at $2,928,672.32. The trade was a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.89% of the stock is currently owned by company insiders.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.