Domino’s Pizza, Inc. (NYSE:DPZ) Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. trimmed its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 15.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,985 shares of the restaurant operator’s stock after selling 373 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Domino’s Pizza were worth $854,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. increased its stake in shares of Domino’s Pizza by 7.8% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 1,037 shares of the restaurant operator’s stock worth $515,000 after buying an additional 75 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in shares of Domino’s Pizza by 19.2% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 14,408 shares of the restaurant operator’s stock valued at $7,159,000 after purchasing an additional 2,320 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its position in shares of Domino’s Pizza by 2.5% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 37,044 shares of the restaurant operator’s stock worth $18,406,000 after purchasing an additional 904 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Domino’s Pizza by 26.1% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 40,761 shares of the restaurant operator’s stock worth $20,253,000 after purchasing an additional 8,445 shares during the last quarter. Finally, Lord Abbett & CO. LLC grew its stake in shares of Domino’s Pizza by 5.6% during the first quarter. Lord Abbett & CO. LLC now owns 58,337 shares of the restaurant operator’s stock worth $28,986,000 after purchasing an additional 3,089 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Down 0.8 %

Shares of DPZ opened at $435.97 on Friday. Domino’s Pizza, Inc. has a 52-week low of $367.24 and a 52-week high of $542.75. The company has a 50-day simple moving average of $423.17 and a 200-day simple moving average of $459.20. The company has a market capitalization of $15.05 billion, a PE ratio of 26.78, a P/E/G ratio of 2.37 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last issued its earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.65 by $0.54. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company posted $4.18 earnings per share. On average, research analysts anticipate that Domino’s Pizza, Inc. will post 16.86 EPS for the current year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be issued a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend is Friday, December 13th. Domino’s Pizza’s dividend payout ratio (DPR) is 37.10%.

Insider Activity

In related news, Director Andrew Balson sold 6,970 shares of the stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $428.27, for a total value of $2,985,041.90. Following the sale, the director now directly owns 15,390 shares of the company’s stock, valued at approximately $6,591,075.30. This represents a 31.17 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on DPZ. Jefferies Financial Group lowered their price objective on Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating for the company in a research report on Friday, October 11th. BMO Capital Markets dropped their price target on shares of Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Friday, October 11th. JPMorgan Chase & Co. reduced their price objective on shares of Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating for the company in a research report on Friday, October 11th. Royal Bank of Canada dropped their target price on shares of Domino’s Pizza from $500.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, October 11th. Finally, Robert W. Baird reduced their price target on shares of Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating for the company in a research report on Thursday, September 12th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $494.38.

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.