Mizuho Securities USA LLC Buys 1,005 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Mizuho Securities USA LLC grew its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 44.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,273 shares of the restaurant operator’s stock after buying an additional 1,005 shares during the period. Mizuho Securities USA LLC’s holdings in Domino’s Pizza were worth $1,374,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DPZ. KG&L Capital Management LLC raised its position in shares of Domino’s Pizza by 1.4% in the 4th quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator’s stock valued at $724,000 after acquiring an additional 23 shares during the period. Oppenheimer & Co. Inc. increased its stake in Domino’s Pizza by 2.0% in the fourth quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock valued at $486,000 after purchasing an additional 23 shares in the last quarter. Greenleaf Trust raised its holdings in Domino’s Pizza by 3.1% in the fourth quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock worth $358,000 after purchasing an additional 26 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Domino’s Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock worth $38,000 after purchasing an additional 26 shares in the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of Domino’s Pizza by 2.8% in the 4th quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator’s stock valued at $427,000 after buying an additional 28 shares during the period. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of DPZ stock opened at $460.27 on Wednesday. Domino’s Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The stock has a market cap of $15.79 billion, a price-to-earnings ratio of 28.27, a PEG ratio of 2.47 and a beta of 1.06. The firm’s 50-day moving average is $456.96 and its 200-day moving average is $440.66.

Domino’s Pizza (NASDAQ:DPZ) last released 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 net margin of 12.26% and a negative return on equity of 14.35%. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the prior year, the company earned $4.48 EPS. Domino’s Pizza’s quarterly revenue was up 2.9% on a year-over-year basis. Sell-side analysts predict 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. Shareholders of record on Friday, March 14th will be given a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a yield of 1.51%. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date is Friday, March 14th. Domino’s Pizza’s payout ratio is 41.70%.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 2,104 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total transaction of $917,933.12. Following the transaction, the executive vice president now owns 5,699 shares in the company, valued at $2,486,359.72. This trade represents a 26.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Reddy Sandeep sold 1,077 shares of the business’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total transaction of $477,326.40. Following the completion of the sale, the chief financial officer now directly owns 8,081 shares of the company’s stock, valued at approximately $3,581,499.20. The trade was a 11.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,597 shares of company stock worth $3,762,052 over the last ninety days. Insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

DPZ has been the topic of several research analyst reports. Citigroup raised their price objective on Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 19th. TD Securities reiterated a “buy” rating and set a $490.00 price objective on shares of Domino’s Pizza in a report on Monday, February 24th. Morgan Stanley lowered their target price on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Stephens reaffirmed an “equal weight” rating and issued a $440.00 price target on shares of Domino’s Pizza in a research note on Monday, March 3rd. Finally, Benchmark reissued a “buy” rating and set a $520.00 price objective on shares of Domino’s Pizza in a research report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average 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.