X Square Capital LLC Acquires 55 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

X Square Capital LLC boosted its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 1.2% during the fourth quarter, Holdings Channel reports. The fund owned 4,515 shares of the restaurant operator’s stock after acquiring an additional 55 shares during the period. X Square Capital LLC’s holdings in Domino’s Pizza were worth $1,895,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Berkshire Hathaway Inc bought a new stake in Domino’s Pizza in the 3rd quarter worth $549,399,000. Janney Montgomery Scott LLC grew its holdings in shares of Domino’s Pizza by 278.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator’s stock worth $4,643,000 after acquiring an additional 8,136 shares during the period. Empowered Funds LLC raised its position 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 worth $2,398,000 after acquiring an additional 1,762 shares in the last quarter. Alta Capital Management LLC lifted its stake in shares of Domino’s Pizza by 20.5% in the 4th quarter. Alta Capital Management LLC now owns 7,144 shares of the restaurant operator’s stock valued at $2,999,000 after purchasing an additional 1,214 shares during the period. Finally, Principal Financial Group Inc. grew 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 worth $708,498,000 after purchasing an additional 21,705 shares during the period. 94.63% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 2,104 shares of Domino’s Pizza stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total value of $917,933.12. Following the sale, the executive vice president now owns 5,699 shares of the company’s stock, valued at $2,486,359.72. The trade was a 26.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Kevin Scott Morris sold 5,416 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $437.00, for a total value of $2,366,792.00. Following the transaction, the executive vice president now directly owns 793 shares in the company, valued at approximately $346,541. This represents a 87.23 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,597 shares of company stock valued at $3,762,052. 0.76% of the stock is currently owned by corporate insiders.

Domino’s Pizza Stock Performance

NASDAQ DPZ opened at $471.28 on Friday. The stock has a market cap of $16.16 billion, a PE ratio of 28.95, a PEG ratio of 2.47 and a beta of 1.06. The firm’s fifty day moving average price is $459.07 and its two-hundred day moving average price is $441.06. Domino’s Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $542.75.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.47 billion. During the same period in the prior year, the firm earned $4.48 earnings per share. Domino’s Pizza’s revenue was up 2.9% compared to the same quarter last year. As a group, sell-side analysts predict 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. Investors of record on Friday, March 14th will be given a $1.74 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a yield of 1.48%. Domino’s Pizza’s payout ratio is 41.70%.

Analyst Ratings Changes

DPZ has been the topic of a number of analyst reports. Loop Capital dropped their price target on Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating on the stock in a research report on Tuesday, February 25th. Citigroup increased their price target on Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a report on Wednesday, February 19th. Barclays upped their target price on shares of Domino’s Pizza from $402.00 to $420.00 and gave the stock an “underweight” rating in a report on Tuesday, February 25th. Robert W. Baird decreased their price objective on Domino’s Pizza from $545.00 to $510.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 25th. Finally, Wedbush reaffirmed an “outperform” rating and set a $500.00 target price on shares of Domino’s Pizza in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus 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.