New York State Common Retirement Fund Has $10.12 Million Stock Holdings in Domino’s Pizza Inc (NASDAQ:DPZ)

New York State Common Retirement Fund trimmed its position in Domino’s Pizza Inc (NASDAQ:DPZ) by 25.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,023 shares of the restaurant operator’s stock after selling 7,600 shares during the quarter. New York State Common Retirement Fund’s holdings in Domino’s Pizza were worth $10,118,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC raised 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 buying an additional 26 shares during the period. Avantax Advisory Services Inc. increased its holdings in shares of Domino’s Pizza by 7.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 833 shares of the restaurant operator’s stock worth $350,000 after acquiring an additional 60 shares during the last quarter. Natixis Advisors LLC raised its stake in Domino’s Pizza by 55.3% in the 4th quarter. Natixis Advisors LLC now owns 24,061 shares of the restaurant operator’s stock valued at $10,100,000 after acquiring an additional 8,569 shares during the period. Cibc World Markets Corp raised its stake in Domino’s Pizza by 13.7% in the 4th quarter. Cibc World Markets Corp now owns 5,429 shares of the restaurant operator’s stock valued at $2,279,000 after acquiring an additional 653 shares during the period. Finally, Signaturefd LLC lifted its holdings in Domino’s Pizza by 200.0% during the 4th quarter. Signaturefd LLC now owns 303 shares of the restaurant operator’s stock valued at $127,000 after purchasing an additional 202 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DPZ has been the topic of several research reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $550.00 price objective on shares of Domino’s Pizza in a report on Monday, July 14th. Stephens reiterated an “equal weight” rating and set a $440.00 target price on shares of Domino’s Pizza in a research report on Wednesday, April 2nd. Hsbc Global Res upgraded Domino’s Pizza to a “strong-buy” rating in a research report on Tuesday, April 22nd. Wells Fargo & Company boosted their price target on Domino’s Pizza from $445.00 to $465.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 29th. Finally, Benchmark increased their price objective on shares of Domino’s Pizza from $520.00 to $535.00 and gave the stock a “buy” rating in a research note on Tuesday, April 29th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $487.84.

Domino’s Pizza Stock Performance

Shares of DPZ opened at $465.95 on Friday. Domino’s Pizza Inc has a 52 week low of $396.06 and a 52 week high of $500.55. The stock has a market capitalization of $15.95 billion, a price-to-earnings ratio of 26.72, a PEG ratio of 2.66 and a beta of 1.09. The stock has a fifty day moving average of $466.13 and a 200-day moving average of $460.25.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.12 by $0.21. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Domino’s Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.58 EPS. As a group, equities analysts forecast that Domino’s Pizza Inc will post 16.74 EPS for the current year.

Domino’s Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were paid a $1.74 dividend. This represents a $6.96 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend was Friday, June 13th. Domino’s Pizza’s dividend payout ratio is currently 39.91%.

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.