American Century Companies Inc. Purchases 248 Shares of Domino’s Pizza Inc $DPZ

American Century Companies Inc. boosted its position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 28.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,107 shares of the restaurant operator’s stock after purchasing an additional 248 shares during the period. American Century Companies Inc.’s holdings in Domino’s Pizza were worth $509,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Wood Tarver Financial Group LLC bought a new position in shares of Domino’s Pizza during the fourth quarter worth about $25,000. Alpine Bank Wealth Management bought a new position in shares of Domino’s Pizza during the 1st quarter worth approximately $25,000. LRI Investments LLC bought a new position in shares of Domino’s Pizza during the 1st quarter worth approximately $27,000. Zions Bancorporation National Association UT bought a new position in shares of Domino’s Pizza during the 1st quarter worth approximately $27,000. Finally, Cary Street Partners Financial LLC bought a new position in shares of Domino’s Pizza during the 4th quarter worth approximately $53,000. 94.63% of the stock is currently owned by institutional investors.

Insider Activity at Domino’s Pizza

In related news, Director James A. Goldman sold 1,000 shares of Domino’s Pizza stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $451.49, for a total transaction of $451,490.00. Following the completion of the sale, the director owned 3,384 shares of the company’s stock, valued at approximately $1,527,842.16. The trade was a 22.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.83% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on DPZ. Wells Fargo & Company raised their target price on shares of Domino’s Pizza from $465.00 to $490.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 22nd. Benchmark raised their price objective on Domino’s Pizza from $535.00 to $540.00 and gave the company a “buy” rating in a report on Tuesday, July 22nd. Loop Capital raised their price objective on Domino’s Pizza from $564.00 to $574.00 and gave the company a “buy” rating in a report on Tuesday, July 22nd. Guggenheim raised their price objective on Domino’s Pizza from $485.00 to $490.00 and gave the company a “neutral” rating in a report on Wednesday, August 27th. Finally, Sanford C. Bernstein raised their price target on Domino’s Pizza from $460.00 to $490.00 and gave the company a “market perform” rating in a research note on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus price target of $490.78.

Domino’s Pizza Trading Up 0.3%

Shares of NASDAQ DPZ opened at $463.83 on Friday. Domino’s Pizza Inc has a 12 month low of $396.06 and a 12 month high of $500.55. The stock has a 50 day moving average of $459.15 and a 200-day moving average of $464.15. The company has a market capitalization of $15.75 billion, a P/E ratio of 26.94, a P/E/G ratio of 2.53 and a beta of 1.09.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Monday, July 21st. The restaurant operator reported $3.81 EPS for the quarter, missing the consensus estimate of $3.93 by ($0.12). Domino’s Pizza had a negative return on equity of 15.09% and a net margin of 12.49%.The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the prior year, the firm posted $4.03 earnings per share. The business’s revenue was up 4.3% compared to the same quarter last year. Analysts predict that Domino’s Pizza Inc will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a dividend of $1.74 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $6.96 annualized dividend and a dividend yield of 1.5%. Domino’s Pizza’s payout ratio is presently 40.42%.

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.