Amiral Gestion Increases Stock Holdings in Domino’s Pizza Inc $DPZ

Amiral Gestion increased its position in Domino’s Pizza Inc (NASDAQ:DPZ) by 195.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 25,160 shares of the restaurant operator’s stock after acquiring an additional 16,644 shares during the quarter. Domino’s Pizza makes up about 3.8% of Amiral Gestion’s holdings, making the stock its 11th biggest holding. Amiral Gestion’s holdings in Domino’s Pizza were worth $10,487,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new position in Domino’s Pizza in the 2nd quarter valued at $202,680,000. Berkshire Hathaway Inc increased its stake in Domino’s Pizza by 13.2% in the 3rd quarter. Berkshire Hathaway Inc now owns 2,981,945 shares of the restaurant operator’s stock worth $1,287,335,000 after acquiring an additional 348,077 shares during the last quarter. Two Sigma Investments LP raised its holdings in shares of Domino’s Pizza by 2,845.4% in the 3rd quarter. Two Sigma Investments LP now owns 264,024 shares of the restaurant operator’s stock valued at $113,982,000 after acquiring an additional 255,060 shares in the last quarter. Woodline Partners LP boosted its position in shares of Domino’s Pizza by 8,229.8% during the 3rd quarter. Woodline Partners LP now owns 242,314 shares of the restaurant operator’s stock valued at $104,609,000 after acquiring an additional 239,405 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of Domino’s Pizza during the third quarter worth about $80,549,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino’s Pizza Stock Performance

Domino’s Pizza stock opened at $348.14 on Friday. The stock’s 50 day simple moving average is $392.89 and its two-hundred day simple moving average is $410.39. The stock has a market cap of $11.71 billion, a price-to-earnings ratio of 19.81, a PEG ratio of 1.55 and a beta of 1.16. Domino’s Pizza Inc has a fifty-two week low of $346.39 and a fifty-two week high of $499.08.

Domino’s Pizza (NASDAQ:DPZ) last announced its earnings results on Monday, February 23rd. The restaurant operator reported $5.35 EPS for the quarter, missing analysts’ consensus estimates of $5.38 by ($0.03). The business had revenue of $1.54 billion for the quarter. Domino’s Pizza had a net margin of 12.18% and a negative return on equity of 15.28%. The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.89 EPS. On average, analysts predict that Domino’s Pizza Inc will post 16.74 earnings per share for the current year.

Domino’s Pizza Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 13th will be issued a dividend of $1.99 per share. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.74. This represents a $7.96 annualized dividend and a dividend yield of 2.3%. Domino’s Pizza’s dividend payout ratio is presently 45.30%.

Analysts Set New Price Targets

DPZ has been the subject of several research analyst reports. Evercore reiterated an “outperform” rating and set a $510.00 target price on shares of Domino’s Pizza in a research report on Tuesday, February 24th. UBS Group set a $500.00 target price on shares of Domino’s Pizza and gave the stock a “buy” rating in a research report on Friday, February 13th. Wells Fargo & Company lowered their price target on Domino’s Pizza from $450.00 to $430.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 22nd. Citigroup boosted their target price on Domino’s Pizza from $420.00 to $440.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 24th. Finally, Barclays reduced their price target on shares of Domino’s Pizza from $405.00 to $370.00 and set an “underweight” rating on the stock in a research report on Wednesday, January 7th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $475.71.

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.