Annex Advisory Services LLC Purchases 9,650 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Annex Advisory Services LLC boosted its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 27.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,746 shares of the restaurant operator’s stock after acquiring an additional 9,650 shares during the quarter. Annex Advisory Services LLC owned 0.13% of Domino’s Pizza worth $20,559,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Empowered Funds LLC raised its holdings in shares of Domino’s Pizza by 44.6% in the 4th quarter. Empowered Funds LLC now owns 5,713 shares of the restaurant operator’s stock valued at $2,398,000 after purchasing an additional 1,762 shares during the period. Alta Capital Management LLC increased its position in Domino’s Pizza by 20.5% during the fourth quarter. Alta Capital Management LLC now owns 7,144 shares of the restaurant operator’s stock worth $2,999,000 after buying an additional 1,214 shares during the last quarter. Principal Financial Group Inc. raised its stake in Domino’s Pizza by 1.3% in the fourth quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator’s stock valued at $708,498,000 after buying an additional 21,705 shares during the period. SBI Securities Co. Ltd. bought a new stake in Domino’s Pizza in the fourth quarter valued at approximately $282,000. Finally, Buckingham Capital Management Inc. lifted its position in shares of Domino’s Pizza by 54.2% in the fourth quarter. Buckingham Capital Management Inc. now owns 9,954 shares of the restaurant operator’s stock valued at $4,178,000 after buying an additional 3,498 shares during the last quarter. 94.63% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Domino’s Pizza news, EVP Reddy Sandeep sold 399 shares of the business’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $462.18, for a total transaction of $184,409.82. Following the transaction, the executive vice president now directly owns 8,756 shares of the company’s stock, valued at approximately $4,046,848.08. The trade was a 4.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 transaction of $917,933.12. Following the sale, the executive vice president now directly owns 5,699 shares in the company, valued at $2,486,359.72. The trade was a 26.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,996 shares of company stock valued at $3,946,461 over the last ninety days. 0.83% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DPZ. Bank of America boosted their target price on Domino’s Pizza from $520.00 to $549.00 and gave the stock a “buy” rating in a report on Tuesday, April 29th. Robert W. Baird upped their price objective on shares of Domino’s Pizza from $500.00 to $535.00 and gave the company an “outperform” rating in a report on Wednesday, April 23rd. Morgan Stanley raised their target price on shares of Domino’s Pizza from $492.00 to $510.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 29th. Barclays reduced their target price on shares of Domino’s Pizza from $425.00 to $420.00 and set an “underweight” rating for the company in a report on Wednesday, April 30th. Finally, Guggenheim reissued a “neutral” rating on shares of Domino’s Pizza in a report on Thursday, May 15th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $498.50.

Domino’s Pizza Trading Up 0.3%

Shares of NASDAQ DPZ opened at $465.91 on Thursday. The stock’s 50-day moving average is $473.41 and its 200 day moving average is $458.27. The stock has a market cap of $15.95 billion, a price-to-earnings ratio of 28.62, a P/E/G ratio of 2.47 and a beta of 1.11. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $538.44.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, topping the consensus estimate 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%. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the business earned $3.58 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. On average, analysts forecast that Domino’s Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a dividend of $1.74 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.49%. Domino’s Pizza’s dividend payout ratio is currently 39.91%.

Domino’s Pizza Company Profile

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.