Domino’s Pizza, Inc. (NYSE:DPZ) Position Increased by Capstone Investment Advisors LLC

Capstone Investment Advisors LLC raised its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 23.7% during the third quarter, HoldingsChannel.com reports. The firm owned 779 shares of the restaurant operator’s stock after buying an additional 149 shares during the quarter. Capstone Investment Advisors LLC’s holdings in Domino’s Pizza were worth $335,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Janus Henderson Group PLC lifted its stake in Domino’s Pizza by 124.5% in the first quarter. Janus Henderson Group PLC now owns 11,184 shares of the restaurant operator’s stock valued at $5,555,000 after acquiring an additional 6,202 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of Domino’s Pizza during the 1st quarter valued at $263,000. Comerica Bank lifted its stake in shares of Domino’s Pizza by 4.7% in the 1st quarter. Comerica Bank now owns 7,620 shares of the restaurant operator’s stock valued at $3,786,000 after purchasing an additional 344 shares during the last quarter. Swedbank AB acquired a new stake in shares of Domino’s Pizza in the 1st quarter valued at $5,483,000. Finally, Cetera Investment Advisers boosted its holdings in Domino’s Pizza by 422.7% in the first quarter. Cetera Investment Advisers now owns 7,721 shares of the restaurant operator’s stock worth $3,836,000 after purchasing an additional 6,244 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on DPZ shares. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and raised their target price for the company from $419.00 to $559.00 in a report on Friday, November 8th. TD Cowen raised their price objective on Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Deutsche Bank Aktiengesellschaft reduced their target price on Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating for the company in a report on Friday, October 11th. JPMorgan Chase & Co. dropped their price target on shares of Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating on the stock in a research report on Friday, October 11th. Finally, Stephens decreased their price objective on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating for the company in a report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $495.76.

Domino’s Pizza Stock Up 0.6 %

Shares of DPZ opened at $475.38 on Friday. The company has a 50-day moving average price of $431.89 and a two-hundred day moving average price of $454.67. The stock has a market cap of $16.41 billion, a price-to-earnings ratio of 29.20, a P/E/G ratio of 2.55 and a beta of 0.86. Domino’s Pizza, Inc. has a 12 month low of $386.88 and a 12 month high of $542.75.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Thursday, October 10th. The restaurant operator reported $4.19 EPS for the quarter, topping the consensus estimate of $3.65 by $0.54. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the company earned $4.18 EPS. Domino’s Pizza’s revenue was up 5.1% on a year-over-year basis. Equities research analysts expect that Domino’s Pizza, Inc. will post 16.82 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $6.04 annualized dividend and a dividend yield of 1.27%. Domino’s Pizza’s dividend payout ratio is presently 37.10%.

Insider Transactions at Domino’s Pizza

In other news, Director Andrew Balson sold 6,970 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $428.27, for a total transaction of $2,985,041.90. Following the transaction, the director now directly owns 15,390 shares in the company, valued at approximately $6,591,075.30. This represents a 31.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kevin Scott Morris sold 2,646 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the transaction, the executive vice president now directly owns 1,966 shares in the company, valued at approximately $902,394. This represents a 57.37 % decrease in their position. The disclosure for this sale can be found here. 0.76% of the stock is owned by insiders.

Domino’s Pizza Company 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.