Mizuho Securities USA LLC Has $1.37 Million Stock Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Mizuho Securities USA LLC increased its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 44.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,273 shares of the restaurant operator’s stock after purchasing an additional 1,005 shares during the period. Mizuho Securities USA LLC’s holdings in Domino’s Pizza were worth $1,374,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of DPZ. Sherman Asset Management Inc. bought a new position in Domino’s Pizza in the 4th quarter valued at about $25,000. True Wealth Design LLC boosted its position in shares of Domino’s Pizza by 2,033.3% during the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 61 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Domino’s Pizza by 40.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock valued at $38,000 after acquiring an additional 26 shares during the last quarter. Lee Danner & Bass Inc. acquired a new position in Domino’s Pizza during the fourth quarter valued at approximately $42,000. Finally, Private Trust Co. NA lifted its stake in Domino’s Pizza by 34.3% during the fourth quarter. Private Trust Co. NA now owns 145 shares of the restaurant operator’s stock worth $61,000 after purchasing an additional 37 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analysts Set New Price Targets

DPZ has been the topic of several recent analyst reports. Wedbush reiterated an “outperform” rating and issued a $500.00 price target on shares of Domino’s Pizza in a research note on Tuesday, February 25th. Benchmark reissued a “buy” rating and set a $520.00 target price on shares of Domino’s Pizza in a research note on Tuesday, February 25th. Citigroup raised their price target on shares of Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a research note on Wednesday, February 19th. Morgan Stanley lowered their price objective on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. Finally, TD Cowen restated a “buy” rating and issued a $490.00 target price on shares of Domino’s Pizza in a research report on Monday, February 24th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $503.41.

Insider Activity at Domino’s Pizza

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 2,104 shares of the business’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total transaction of $917,933.12. Following the completion of the sale, the executive vice president now owns 5,699 shares in the company, valued at approximately $2,486,359.72. The trade was a 26.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Reddy Sandeep sold 1,077 shares of the company’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total transaction of $477,326.40. Following the transaction, the chief financial officer now owns 8,081 shares in the company, valued at approximately $3,581,499.20. The trade was a 11.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,597 shares of company stock valued at $3,762,052 in the last three months. Corporate insiders own 0.76% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of DPZ opened at $460.27 on Wednesday. The firm has a market cap of $15.79 billion, a PE ratio of 28.27, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06. Domino’s Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The business’s 50 day moving average price is $456.96 and its two-hundred day moving average price is $440.66.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results 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 company had revenue of $1.44 billion for 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 was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.48 EPS. Research analysts predict that Domino’s Pizza, Inc. will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a $1.74 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a dividend yield of 1.51%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 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.