Achmea Investment Management B.V. Has $7.24 Million Stock Holdings in Domino’s Pizza Inc $DPZ

Achmea Investment Management B.V. lifted its holdings in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 10.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,772 shares of the restaurant operator’s stock after purchasing an additional 1,604 shares during the period. Achmea Investment Management B.V.’s holdings in Domino’s Pizza were worth $7,240,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Norges Bank bought a new stake in Domino’s Pizza during the 2nd quarter valued at $202,680,000. Berkshire Hathaway Inc raised its holdings in Domino’s Pizza by 13.2% during the third quarter. Berkshire Hathaway Inc now owns 2,981,945 shares of the restaurant operator’s stock worth $1,287,335,000 after buying an additional 348,077 shares during the last quarter. Two Sigma Investments LP lifted its stake in shares of Domino’s Pizza by 2,845.4% in the third quarter. Two Sigma Investments LP now owns 264,024 shares of the restaurant operator’s stock valued at $113,982,000 after buying an additional 255,060 shares in the last quarter. Woodline Partners LP grew its holdings in shares of Domino’s Pizza by 8,229.8% during the third quarter. Woodline Partners LP now owns 242,314 shares of the restaurant operator’s stock valued at $104,609,000 after buying an additional 239,405 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Domino’s Pizza during the third quarter valued at about $80,549,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

DPZ has been the topic of a number of analyst reports. BTIG Research restated a “buy” rating on shares of Domino’s Pizza in a report on Tuesday, February 24th. Stifel Nicolaus cut their price objective on shares of Domino’s Pizza from $510.00 to $485.00 and set a “buy” rating on the stock in a report on Wednesday, January 7th. Guggenheim reduced their target price on shares of Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. Argus upgraded shares of Domino’s Pizza to a “hold” rating in a report on Monday, March 9th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Domino’s Pizza in a report on Tuesday, February 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $475.71.

Domino’s Pizza Price Performance

Shares of Domino’s Pizza stock opened at $376.92 on Thursday. The firm has a market cap of $12.68 billion, a PE ratio of 21.45, a P/E/G ratio of 1.71 and a beta of 1.16. Domino’s Pizza Inc has a 1 year low of $370.70 and a 1 year high of $499.08. The stock has a fifty day moving average price of $399.10 and a 200-day moving average price of $414.94.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings results on Monday, February 23rd. The restaurant operator reported $5.35 earnings per share for the quarter, missing the consensus estimate of $5.38 by ($0.03). Domino’s Pizza had a net margin of 12.18% and a negative return on equity of 15.28%. The company had revenue of $1.54 billion for the quarter. During the same period in the prior year, the firm posted $4.89 EPS. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, equities analysts anticipate 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 will be paid on Monday, March 30th. Stockholders of record on Friday, March 13th will be given a dividend of $1.99 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.1%. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.74. Domino’s Pizza’s payout ratio is currently 45.30%.

About Domino’s Pizza

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.