Mountain Hill Investment Partners Corp. Takes Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Mountain Hill Investment Partners Corp. bought a new position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 130 shares of the restaurant operator’s stock, valued at approximately $55,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Stevens Capital Management LP acquired a new stake in Domino’s Pizza during the fourth quarter worth approximately $614,000. Fox Run Management L.L.C. purchased a new position in shares of Domino’s Pizza in the 4th quarter valued at $342,000. KLP Kapitalforvaltning AS acquired a new stake in Domino’s Pizza during the 4th quarter worth $7,551,000. Mizuho Securities USA LLC lifted its position in Domino’s Pizza by 44.3% in the fourth quarter. Mizuho Securities USA LLC now owns 3,273 shares of the restaurant operator’s stock valued at $1,374,000 after acquiring an additional 1,005 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in Domino’s Pizza in the fourth quarter valued at $560,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

Shares of NASDAQ:DPZ opened at $461.40 on Monday. The firm has a market capitalization of $15.82 billion, a price-to-earnings ratio of 28.34, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06. The business’s 50 day simple moving average is $454.96 and its 200-day simple moving average is $439.90. Domino’s Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75.

Domino’s Pizza (NASDAQ:DPZ) last posted its earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share for the quarter, missing the consensus estimate of $4.93 by ($0.04). The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.47 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period last year, the company posted $4.48 EPS. On average, equities analysts anticipate that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino’s Pizza Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $1.74 per share. The ex-dividend date is Friday, March 14th. This represents a $6.96 dividend on an annualized basis and a yield of 1.51%. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. Domino’s Pizza’s payout ratio is presently 41.70%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Oppenheimer boosted their target price on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Robert W. Baird reduced their price objective on Domino’s Pizza from $545.00 to $510.00 and set an “outperform” rating for the company in a research note on Tuesday, February 25th. TD Securities restated a “buy” rating and set a $490.00 target price on shares of Domino’s Pizza in a research report on Monday, February 24th. BMO Capital Markets upped their price target on shares of Domino’s Pizza from $500.00 to $515.00 and gave the company an “outperform” rating in a research report on Tuesday, February 25th. Finally, Barclays increased their price target on shares of Domino’s Pizza from $402.00 to $420.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $503.41.

Insider Buying and Selling at Domino’s Pizza

In related news, EVP Kevin Scott Morris sold 5,416 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $437.00, for a total value of $2,366,792.00. Following the completion of the transaction, the executive vice president now owns 793 shares of the company’s stock, valued at approximately $346,541. The trade was a 87.23 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kelly E. Garcia sold 2,104 shares of the firm’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 sale, the executive vice president now directly owns 5,699 shares in the company, valued at $2,486,359.72. This represents a 26.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,597 shares of company stock valued at $3,762,052 over the last quarter. Corporate insiders own 0.76% of the company’s stock.

About Domino’s Pizza

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.