Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Acquired by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. boosted its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 4.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 335,444 shares of the restaurant operator’s stock after acquiring an additional 13,574 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Domino’s Pizza were worth $140,806,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sherman Asset Management Inc. acquired a new position in Domino’s Pizza during the fourth quarter valued at approximately $25,000. Brown Brothers Harriman & Co. lifted its holdings in shares of Domino’s Pizza by 1,016.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 61 shares in the last quarter. Covestor Ltd lifted its holdings in shares of Domino’s Pizza by 158.1% during the 4th quarter. Covestor Ltd now owns 80 shares of the restaurant operator’s stock valued at $34,000 after acquiring an additional 49 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Domino’s Pizza by 40.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock worth $38,000 after purchasing an additional 26 shares during the period. Finally, Lee Danner & Bass Inc. acquired a new stake in Domino’s Pizza in the 4th quarter valued at $42,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Stock Up 1.0 %

Shares of NASDAQ:DPZ opened at $466.74 on Friday. The firm has a 50-day simple moving average of $461.93 and a 200 day simple moving average of $445.66. Domino’s Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $542.75. The company has a market cap of $16.01 billion, a PE ratio of 28.67, a P/E/G ratio of 2.47 and a beta of 1.15.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share for the quarter, missing analysts’ consensus estimates of $4.93 by ($0.04). The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.47 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.48 earnings per share. As a group, research analysts forecast that Domino’s Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The business also recently announced 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 1.49%. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date was Friday, March 14th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 41.70%.

Insider Activity

In related news, CFO Reddy Sandeep sold 1,077 shares of Domino’s Pizza stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total value of $477,326.40. Following the sale, the chief financial officer now directly owns 8,081 shares in the company, valued at $3,581,499.20. This trade represents a 11.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kelly E. Garcia sold 2,104 shares of the company’s stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total transaction of $917,933.12. Following the completion of the transaction, the executive vice president now owns 5,699 shares of the company’s stock, valued at approximately $2,486,359.72. This trade represents a 26.96 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,996 shares of company stock valued at $3,946,461. 0.83% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on DPZ shares. Benchmark reaffirmed a “buy” rating and issued a $520.00 target price on shares of Domino’s Pizza in a research report on Tuesday, February 25th. Robert W. Baird decreased their price target on Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Monday, April 7th. Oppenheimer lifted their price objective on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Barclays upped their target price on shares of Domino’s Pizza from $402.00 to $420.00 and gave the company an “underweight” rating in a research note on Tuesday, February 25th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 price target on shares of Domino’s Pizza in a research note on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $496.88.

Domino’s Pizza 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.