Domino’s Pizza Inc $DPZ Shares Sold by BLI Banque de Luxembourg Investments

BLI Banque de Luxembourg Investments lessened its position in Domino’s Pizza Inc (NASDAQ:DPZ) by 12.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 17,400 shares of the restaurant operator’s stock after selling 2,500 shares during the period. BLI Banque de Luxembourg Investments’ holdings in Domino’s Pizza were worth $7,341,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Berkshire Hathaway Inc lifted its stake in shares of 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 period. Geode Capital Management LLC lifted its holdings in shares of Domino’s Pizza by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 1,026,391 shares of the restaurant operator’s stock valued at $432,033,000 after buying an additional 19,019 shares during the period. Invesco Ltd. lifted its holdings in shares of Domino’s Pizza by 9.3% in the 3rd quarter. Invesco Ltd. now owns 919,830 shares of the restaurant operator’s stock valued at $397,100,000 after buying an additional 78,594 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Domino’s Pizza by 21,977.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator’s stock valued at $381,254,000 after buying an additional 910,529 shares during the period. Finally, Marshfield Associates lifted its holdings in shares of Domino’s Pizza by 4.0% in the 3rd quarter. Marshfield Associates now owns 744,515 shares of the restaurant operator’s stock valued at $321,415,000 after buying an additional 28,765 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Stock Down 0.1%

Shares of NASDAQ:DPZ opened at $313.53 on Tuesday. The company has a market cap of $10.43 billion, a P/E ratio of 18.05, a P/E/G ratio of 1.46 and a beta of 0.98. Domino’s Pizza Inc has a 52 week low of $297.48 and a 52 week high of $496.00. The business has a fifty day simple moving average of $338.19 and a 200-day simple moving average of $381.81.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Monday, April 27th. The restaurant operator reported $4.13 earnings per share for the quarter, missing the consensus estimate of $4.29 by ($0.16). Domino’s Pizza had a net margin of 11.89% and a negative return on equity of 15.04%. The firm had revenue of $1.15 billion during the quarter. During the same quarter in the prior year, the company earned $4.33 earnings per share. Domino’s Pizza’s quarterly revenue was up 3.5% on a year-over-year basis. Sell-side analysts expect that Domino’s Pizza Inc will post 19.07 earnings per share for the current fiscal year.

Domino’s Pizza Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $1.99 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $7.96 annualized dividend and a dividend yield of 2.5%. Domino’s Pizza’s dividend payout ratio (DPR) is 45.83%.

Insider Buying and Selling at Domino’s Pizza

In related news, EVP Kelly E. Garcia sold 488 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $313.16, for a total value of $152,822.08. Following the completion of the sale, the executive vice president owned 9,352 shares of the company’s stock, valued at $2,928,672.32. This represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.89% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on DPZ shares. TD Cowen reduced their price target on Domino’s Pizza from $377.00 to $350.00 and set a “hold” rating for the company in a report on Wednesday, May 27th. Royal Bank Of Canada reduced their price target on Domino’s Pizza from $400.00 to $350.00 and set a “sector perform” rating for the company in a report on Tuesday, April 28th. BTIG Research reduced their price target on Domino’s Pizza from $500.00 to $450.00 and set a “buy” rating for the company in a report on Monday, April 27th. Weiss Ratings downgraded shares of Domino’s Pizza from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. Finally, Northcoast Research decreased their price objective on shares of Domino’s Pizza from $525.00 to $445.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $418.13.

Domino’s Pizza Company Profile

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.