Domino’s Pizza, Inc. (NYSE:DPZ) Shares Bought by US Bancorp DE

US Bancorp DE raised its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 5.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,590 shares of the restaurant operator’s stock after acquiring an additional 360 shares during the period. US Bancorp DE’s holdings in Domino’s Pizza were worth $2,835,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Domino’s Pizza by 5.8% in the first quarter. Vanguard Group Inc. now owns 4,098,664 shares of the restaurant operator’s stock valued at $2,036,544,000 after acquiring an additional 222,949 shares during the period. Marshfield Associates raised its holdings in Domino’s Pizza by 0.3% during the second 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 in the last quarter. TD Asset Management Inc raised its holdings in Domino’s Pizza by 27.8% during the first 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 in the last quarter. International Assets Investment Management LLC grew its position in Domino’s Pizza by 40,191.5% in the third quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator’s stock worth $225,303,000 after buying an additional 522,490 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in Domino’s Pizza by 107.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock worth $221,003,000 after buying an additional 230,090 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Trading Down 0.5 %

Shares of Domino’s Pizza stock opened at $428.00 on Wednesday. The stock has a market capitalization of $14.78 billion, a price-to-earnings ratio of 26.29, a P/E/G ratio of 2.30 and a beta of 0.86. Domino’s Pizza, Inc. has a 1-year low of $361.82 and a 1-year high of $542.75. The firm’s 50-day moving average price is $418.26 and its two-hundred day moving average price is $461.21.

Domino’s Pizza (NYSE:DPZ) last announced its earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same period in the prior year, the business earned $4.18 earnings per share. Domino’s Pizza’s quarterly revenue was up 5.1% on a year-over-year basis. As a group, equities research analysts predict that Domino’s Pizza, Inc. will post 16.81 EPS for the current year.

Domino’s Pizza Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be issued a $1.51 dividend. The ex-dividend date is Friday, December 13th. This represents a $6.04 annualized dividend and a yield of 1.41%. Domino’s Pizza’s dividend payout ratio is currently 37.10%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on DPZ shares. JPMorgan Chase & Co. lowered their price objective on shares of Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating on the stock in a research report on Friday, October 11th. Wells Fargo & Company lowered their price target on shares of Domino’s Pizza from $450.00 to $420.00 and set an “equal weight” rating on the stock in a report on Friday, October 11th. Wedbush reaffirmed an “outperform” rating and issued a $470.00 price objective on shares of Domino’s Pizza in a research note on Friday, October 11th. Morgan Stanley reduced their price objective on shares of Domino’s Pizza from $520.00 to $510.00 and set an “overweight” rating for the company in a research note on Friday, October 11th. Finally, Evercore ISI cut their target price on shares of Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating for the company in a research report on Monday, October 7th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $489.55.

Insider Activity at Domino’s Pizza

In related news, Director Andrew Balson sold 6,970 shares of the stock in a transaction that occurred on 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 transaction, the director now directly owns 15,390 shares in the company, valued at $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. 0.81% of the stock is currently owned by company insiders.

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.