Larson Financial Group LLC Has $117,000 Stake in Domino’s Pizza, Inc. (NYSE:DPZ)

Larson Financial Group LLC lifted its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 102.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 283 shares of the restaurant operator’s stock after buying an additional 143 shares during the period. Larson Financial Group LLC’s holdings in Domino’s Pizza were worth $117,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in DPZ. AE Wealth Management LLC bought a new stake in shares of Domino’s Pizza in the third quarter valued at approximately $735,000. Exchange Traded Concepts LLC boosted its stake in shares of Domino’s Pizza by 284.4% in the third quarter. Exchange Traded Concepts LLC now owns 246 shares of the restaurant operator’s stock valued at $93,000 after buying an additional 182 shares during the period. Oak Thistle LLC bought a new stake in shares of Domino’s Pizza in the third quarter valued at approximately $1,097,000. Czech National Bank boosted its stake in shares of Domino’s Pizza by 46.6% in the third quarter. Czech National Bank now owns 6,134 shares of the restaurant operator’s stock valued at $2,323,000 after buying an additional 1,951 shares during the period. Finally, Asset Management One Co. Ltd. boosted its stake in shares of Domino’s Pizza by 7.4% in the third quarter. Asset Management One Co. Ltd. now owns 15,168 shares of the restaurant operator’s stock valued at $5,745,000 after buying an additional 1,050 shares during the period. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Stock Up 1.4 %

NYSE DPZ opened at $494.76 on Friday. The company has a market capitalization of $17.23 billion, a price-to-earnings ratio of 33.73, a PEG ratio of 2.55 and a beta of 0.86. Domino’s Pizza, Inc. has a twelve month low of $285.84 and a twelve month high of $508.44. The stock has a fifty day simple moving average of $465.57 and a 200 day simple moving average of $417.55.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Monday, February 26th. The restaurant operator reported $4.48 earnings per share for the quarter, beating analysts’ consensus estimates of $4.38 by $0.10. Domino’s Pizza had a negative return on equity of 12.56% and a net margin of 11.59%. The business had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the prior year, the business posted $4.43 earnings per share. Domino’s Pizza’s quarterly revenue was up .8% on a year-over-year basis. Research analysts expect that Domino’s Pizza, Inc. will post 15.72 earnings per share for the current fiscal year.

Domino’s Pizza Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were issued a dividend of $1.51 per share. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.21. This represents a $6.04 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date was Thursday, March 14th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 41.17%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on DPZ shares. Evercore ISI boosted their price target on Domino’s Pizza from $510.00 to $560.00 and gave the company an “outperform” rating in a research note on Monday, April 8th. Piper Sandler upped their target price on Domino’s Pizza from $400.00 to $435.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 27th. UBS Group upped their target price on Domino’s Pizza from $526.00 to $570.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Citigroup upped their target price on Domino’s Pizza from $458.00 to $505.00 and gave the stock a “neutral” rating in a research note on Thursday, April 11th. Finally, TD Cowen restated a “buy” rating and set a $550.00 target price on shares of Domino’s Pizza in a research note on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have issued a buy rating to the stock. According to MarketBeat.com, Domino’s Pizza has a consensus rating of “Moderate Buy” and a consensus target price of $460.90.

Insiders Place Their Bets

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 108 shares of the stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total transaction of $53,468.64. Following the completion of the sale, the executive vice president now directly owns 3,910 shares in the company, valued at approximately $1,935,762.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 768 shares of the stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $451.52, for a total transaction of $346,767.36. Following the completion of the sale, the executive vice president now directly owns 4,103 shares in the company, valued at approximately $1,852,586.56. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Cynthia A. Headen sold 108 shares of the stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total value of $53,468.64. Following the sale, the executive vice president now owns 3,910 shares of the company’s stock, valued at $1,935,762.80. The disclosure for this sale can be found here. Company insiders own 0.76% of the company’s stock.

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.