Fjarde AP Fonden Fourth Swedish National Pension Fund Has $2.79 Million Stock Holdings in Domino’s Pizza Inc $DPZ

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 27.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,767 shares of the restaurant operator’s stock after acquiring an additional 1,660 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Domino’s Pizza were worth $2,787,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of DPZ. Northwestern Mutual Wealth Management Co. grew its stake in Domino’s Pizza by 21,977.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator’s stock valued at $381,254,000 after purchasing an additional 910,529 shares in the last quarter. Norges Bank bought a new stake in shares of Domino’s Pizza in the 4th quarter valued at approximately $285,116,000. Berkshire Hathaway Inc increased its holdings in Domino’s Pizza by 12.3% in the fourth quarter. Berkshire Hathaway Inc now owns 3,350,000 shares of the restaurant operator’s stock worth $1,396,347,000 after buying an additional 368,055 shares during the last quarter. Two Sigma Investments LP increased its holdings in 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 worth $113,982,000 after buying an additional 255,060 shares during the last quarter. Finally, Woodline Partners LP raised its position in 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 acquiring an additional 239,405 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

NASDAQ DPZ opened at $305.91 on Tuesday. The stock has a 50-day simple moving average of $313.51 and a 200 day simple moving average of $365.80. Domino’s Pizza Inc has a twelve month low of $282.00 and a twelve month high of $496.00. The stock has a market capitalization of $10.17 billion, a PE ratio of 17.61, a P/E/G ratio of 1.45 and a beta of 0.97.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings results on Monday, April 27th. The restaurant operator reported $4.13 EPS for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.16). Domino’s Pizza had a negative return on equity of 15.04% and a net margin of 11.89%.The business had revenue of $1.15 billion for the quarter. During the same period in the previous year, the business posted $4.33 EPS. The firm’s revenue was up 3.5% on a year-over-year basis. As a group, equities research analysts forecast that Domino’s Pizza Inc will post 18.99 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a $1.99 dividend. This represents a $7.96 annualized dividend and a yield of 2.6%. The ex-dividend date was Monday, June 15th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 45.83%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on DPZ shares. Benchmark dropped their price target on shares of Domino’s Pizza from $465.00 to $430.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. Wells Fargo & Company cut their target price on Domino’s Pizza from $400.00 to $350.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 28th. BMO Capital Markets reduced their price target on Domino’s Pizza from $500.00 to $450.00 and set an “outperform” rating for the company in a research report on Tuesday, April 28th. Sanford C. Bernstein decreased their price target on Domino’s Pizza from $470.00 to $390.00 and set a “market perform” rating for the company in a research note on Tuesday, April 28th. Finally, Argus upgraded Domino’s Pizza to a “hold” rating in a report on Monday, March 9th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $410.39.

Insider Transactions at Domino’s Pizza

In other news, EVP Kelly E. Garcia sold 487 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $311.74, for a total transaction of $151,817.38. Following the transaction, the executive vice president owned 9,352 shares in the company, valued at approximately $2,915,392.48. The trade was a 4.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last quarter, insiders have sold 1,463 shares of company stock valued at $466,807. Company insiders own 0.89% of the company’s stock.

Domino’s Pizza 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.