SWS Partners Buys 41 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

SWS Partners grew its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,243 shares of the restaurant operator’s stock after acquiring an additional 41 shares during the quarter. SWS Partners’ holdings in Domino’s Pizza were worth $1,781,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. abrdn plc boosted its holdings in Domino’s Pizza by 0.9% in the third quarter. abrdn plc now owns 13,432 shares of the restaurant operator’s stock worth $5,841,000 after purchasing an additional 119 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Domino’s Pizza by 5.8% during the 3rd quarter. US Bancorp DE now owns 6,590 shares of the restaurant operator’s stock valued at $2,835,000 after buying an additional 360 shares during the period. Stephens Inc. AR boosted its stake in shares of Domino’s Pizza by 6.6% in the 3rd quarter. Stephens Inc. AR now owns 2,382 shares of the restaurant operator’s stock worth $1,025,000 after buying an additional 148 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Domino’s Pizza by 7.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 2,924 shares of the restaurant operator’s stock worth $1,258,000 after buying an additional 215 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its holdings in shares of Domino’s Pizza by 108.5% in the third quarter. Harbor Capital Advisors Inc. now owns 3,913 shares of the restaurant operator’s stock worth $1,683,000 after acquiring an additional 2,036 shares during the period. 94.63% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Barclays raised their target price on Domino’s Pizza from $402.00 to $420.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 25th. Stephens reissued an “equal weight” rating and issued a $440.00 price objective on shares of Domino’s Pizza in a report on Monday. BMO Capital Markets upped their target price on shares of Domino’s Pizza from $500.00 to $515.00 and gave the company an “outperform” rating in a report on Tuesday, February 25th. Wedbush reiterated an “outperform” rating and issued a $500.00 price target on shares of Domino’s Pizza in a research report on Tuesday, February 25th. Finally, Argus downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $503.41.

Domino’s Pizza Stock Down 1.2 %

Shares of Domino’s Pizza stock opened at $483.82 on Tuesday. The firm has a market cap of $16.59 billion, a price-to-earnings ratio of 29.72, a PEG ratio of 2.47 and a beta of 0.90. Domino’s Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $542.75. The business has a 50-day moving average price of $446.07 and a 200-day moving average price of $436.50.

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

Domino’s Pizza Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $1.74 per share. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.51. The ex-dividend date is Friday, March 14th. This represents a $6.96 dividend on an annualized basis and a yield of 1.44%. Domino’s Pizza’s dividend payout ratio is presently 41.70%.

Domino’s Pizza Profile

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.