X Square Capital LLC Boosts Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

X Square Capital LLC lifted its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 12.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 4,460 shares of the restaurant operator’s stock after acquiring an additional 483 shares during the period. X Square Capital LLC’s holdings in Domino’s Pizza were worth $1,918,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. grew its position in shares of Domino’s Pizza by 5.8% in the 1st quarter. Vanguard Group Inc. now owns 4,098,664 shares of the restaurant operator’s stock valued at $2,036,544,000 after buying an additional 222,949 shares during the last quarter. Marshfield Associates boosted its stake in Domino’s Pizza by 0.3% during the 2nd quarter. Marshfield Associates now owns 713,481 shares of the restaurant operator’s stock worth $368,392,000 after purchasing an additional 2,271 shares during the period. TD Asset Management Inc boosted its stake in Domino’s Pizza by 27.8% during the 1st quarter. TD Asset Management Inc now owns 635,335 shares of the restaurant operator’s stock worth $315,685,000 after purchasing an additional 138,224 shares during the period. International Assets Investment Management LLC boosted its stake in Domino’s Pizza by 40,191.5% during the 3rd quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator’s stock worth $225,303,000 after purchasing an additional 522,490 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its stake in Domino’s Pizza by 107.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock worth $221,003,000 after purchasing an additional 230,090 shares during the period. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino’s Pizza Trading Down 1.0 %

NYSE:DPZ opened at $422.70 on Thursday. The firm has a 50-day moving average price of $420.29 and a two-hundred day moving average price of $465.72. Domino’s Pizza, Inc. has a twelve month low of $332.13 and a twelve month high of $542.75. The company has a market capitalization of $14.74 billion, a P/E ratio of 27.59, a price-to-earnings-growth ratio of 2.23 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings data on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.65 by $0.54. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.10 billion. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.18 earnings per share. On average, equities research analysts predict that Domino’s Pizza, Inc. will post 16.24 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Friday, December 13th. Domino’s Pizza’s payout ratio is 39.43%.

Analyst Ratings Changes

A number of brokerages recently weighed in on DPZ. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating for the company in a research note on Friday, October 11th. BTIG Research decreased their price target on shares of Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, October 11th. Baird R W upgraded shares of Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 8th. Citigroup reduced their target price on shares of Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating for the company in a research note on Friday, October 11th. Finally, Wedbush restated an “outperform” rating and issued a $470.00 target price on shares of Domino’s Pizza in a research note on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and an average price target of $489.55.

Insider Activity at Domino’s Pizza

In related 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 owns 15,390 shares of the company’s stock, valued at approximately $6,591,075.30. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.76% of the company’s stock.

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.