Toronto Dominion Bank Purchases 3,220 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Toronto Dominion Bank raised its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 14.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,268 shares of the restaurant operator’s stock after acquiring an additional 3,220 shares during the quarter. Toronto Dominion Bank’s holdings in Domino’s Pizza were worth $9,293,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in DPZ. BlackRock Inc. lifted its stake in shares of Domino’s Pizza by 1.0% in the 1st quarter. BlackRock Inc. now owns 3,618,690 shares of the restaurant operator’s stock worth $1,330,918,000 after purchasing an additional 37,109 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Domino’s Pizza by 92.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,406,338 shares of the restaurant operator’s stock valued at $539,274,000 after acquiring an additional 675,466 shares during the period. Principal Financial Group Inc. raised its holdings in Domino’s Pizza by 14.5% in the 1st quarter. Principal Financial Group Inc. now owns 1,178,415 shares of the restaurant operator’s stock worth $433,410,000 after purchasing an additional 149,584 shares during the period. Alliancebernstein L.P. grew its holdings in Domino’s Pizza by 3.9% during the first quarter. Alliancebernstein L.P. now owns 1,087,190 shares of the restaurant operator’s stock valued at $399,858,000 after purchasing an additional 41,266 shares during the period. Finally, Morgan Stanley increased its position in Domino’s Pizza by 25.8% in the fourth quarter. Morgan Stanley now owns 739,138 shares of the restaurant operator’s stock worth $283,431,000 after buying an additional 151,489 shares in the last quarter. Institutional investors and hedge funds own 98.10% of the company’s stock.

In related news, EVP Joseph Hugh Jordan sold 3,970 shares of Domino’s Pizza stock in a transaction dated Wednesday, May 5th. The shares were sold at an average price of $432.65, for a total transaction of $1,717,620.50. Following the completion of the sale, the executive vice president now owns 7,044 shares in the company, valued at approximately $3,047,586.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Timothy P. Mcintyre sold 2,600 shares of the business’s stock in a transaction dated Monday, May 10th. The shares were sold at an average price of $430.96, for a total transaction of $1,120,496.00. The disclosure for this sale can be found here. Insiders have sold 25,798 shares of company stock valued at $11,304,717 over the last three months. Insiders own 1.32% of the company’s stock.

DPZ has been the subject of a number of analyst reports. Citigroup began coverage on shares of Domino’s Pizza in a research note on Tuesday, March 30th. They issued a “buy” rating and a $435.00 price objective for the company. Oppenheimer boosted their target price on shares of Domino’s Pizza from $405.00 to $450.00 and gave the stock an “outperform” rating in a report on Friday, April 30th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell initiated coverage on shares of Domino’s Pizza in a report on Tuesday, March 30th. They set a “buy” rating and a $435.00 price objective for the company. Deutsche Bank Aktiengesellschaft lifted their target price on Domino’s Pizza from $369.00 to $380.00 and gave the stock a “hold” rating in a report on Wednesday, March 31st. Finally, The Goldman Sachs Group lowered Domino’s Pizza from a “buy” rating to a “neutral” rating and set a $450.00 price target for the company. in a research note on Tuesday, May 25th. Twelve equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $431.69.

Shares of NYSE DPZ opened at $448.43 on Friday. Domino’s Pizza, Inc. has a 1 year low of $319.71 and a 1 year high of $452.97. The stock has a 50-day moving average price of $414.88. The company has a market capitalization of $17.41 billion, a P/E ratio of 36.37, a P/E/G ratio of 2.86 and a beta of 0.48.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings results on Thursday, April 29th. The restaurant operator reported $3.00 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.94 by $0.06. Domino’s Pizza had a negative return on equity of 14.49% and a net margin of 11.53%. The firm had revenue of $983.70 million during the quarter, compared to analyst estimates of $978.61 million. Equities research analysts predict that Domino’s Pizza, Inc. will post 12.77 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 30th. Stockholders of record on Tuesday, June 15th will be given a dividend of $0.94 per share. The ex-dividend date of this dividend is Monday, June 14th. This represents a $3.76 annualized dividend and a dividend yield of 0.84%. Domino’s Pizza’s dividend payout ratio (DPR) is 31.31%.

About Domino’s Pizza

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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