Two Sigma Securities LLC Lowers Stock Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Two Sigma Securities LLC lowered its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 90.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 675 shares of the restaurant operator’s stock after selling 6,619 shares during the period. Two Sigma Securities LLC’s holdings in Domino’s Pizza were worth $283,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in DPZ. KG&L Capital Management LLC boosted its holdings in 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 purchasing an additional 23 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Domino’s Pizza by 2.0% in the 4th 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 boosted its holdings in Domino’s Pizza by 3.1% in the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock valued at $358,000 after purchasing an additional 26 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Domino’s Pizza by 40.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock valued at $38,000 after purchasing an additional 26 shares in the last quarter. Finally, Larson Financial Group LLC boosted its holdings in 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 purchasing an additional 28 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Loop Capital decreased their price target on Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating on the stock in a research note on Tuesday, February 25th. Robert W. Baird boosted their price target on Domino’s Pizza from $500.00 to $535.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 23rd. Wells Fargo & Company boosted their price target on Domino’s Pizza from $420.00 to $445.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 22nd. Wedbush reissued an “outperform” rating and set a $500.00 price target on shares of Domino’s Pizza in a research note on Tuesday, February 25th. Finally, Benchmark reissued a “buy” rating and set a $520.00 price target on shares of Domino’s Pizza in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Domino’s Pizza currently has an average rating of “Moderate Buy” and an average target price of $500.68.

Domino’s Pizza Trading Up 0.6 %

Shares of NASDAQ:DPZ opened at $490.64 on Tuesday. The stock’s 50-day moving average price is $462.91 and its two-hundred day moving average price is $448.85. Domino’s Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $542.75. The firm has a market cap of $16.83 billion, a price-to-earnings ratio of 30.14, a PEG ratio of 2.47 and a beta of 1.15.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.12 by $0.21. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. During the same period last year, the business posted $3.58 EPS. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. As a group, research analysts forecast that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were paid a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a yield of 1.42%. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend was Friday, March 14th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 41.70%.

Insiders Place Their Bets

In other news, EVP Reddy Sandeep sold 399 shares of Domino’s Pizza stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total value of $184,409.82. Following the transaction, the executive vice president now directly owns 8,756 shares of the company’s stock, valued at $4,046,848.08. The trade was a 4.36 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Kelly E. Garcia sold 2,104 shares of Domino’s Pizza stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total value of $917,933.12. Following the completion of the transaction, the executive vice president now directly owns 5,699 shares in the company, valued at $2,486,359.72. This represents a 26.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,996 shares of company stock valued at $3,946,461. Insiders own 0.83% of the company’s stock.

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.