Mutual of America Capital Management LLC Reduces Stake in Domino’s Pizza Inc (NASDAQ:DPZ)

Mutual of America Capital Management LLC decreased its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 2.9% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 4,018 shares of the restaurant operator’s stock after selling 121 shares during the period. Mutual of America Capital Management LLC’s holdings in Domino’s Pizza were worth $1,846,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in DPZ. Avantax Advisory Services Inc. increased its stake in Domino’s Pizza by 7.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 833 shares of the restaurant operator’s stock worth $350,000 after acquiring an additional 60 shares during the last quarter. Signaturefd LLC increased its position in shares of Domino’s Pizza by 200.0% during the 4th quarter. Signaturefd LLC now owns 303 shares of the restaurant operator’s stock valued at $127,000 after purchasing an additional 202 shares during the last quarter. Xponance Inc. increased its position in shares of Domino’s Pizza by 2.0% during the 4th quarter. Xponance Inc. now owns 5,956 shares of the restaurant operator’s stock valued at $2,500,000 after purchasing an additional 119 shares during the last quarter. Royal London Asset Management Ltd. increased its position in shares of Domino’s Pizza by 0.3% during the 4th quarter. Royal London Asset Management Ltd. now owns 14,951 shares of the restaurant operator’s stock valued at $6,276,000 after purchasing an additional 39 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. increased its position in shares of Domino’s Pizza by 22.7% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 540 shares of the restaurant operator’s stock valued at $226,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DPZ. Argus reissued a “hold” rating and set a $490.00 price objective on shares of Domino’s Pizza in a research note on Tuesday, April 29th. Barclays cut their price objective on Domino’s Pizza from $425.00 to $420.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 30th. Loop Capital lifted their price objective on Domino’s Pizza from $555.00 to $564.00 and gave the stock a “buy” rating in a research report on Tuesday, April 29th. Stephens reiterated an “equal weight” rating and issued a $440.00 price objective on shares of Domino’s Pizza in a research report on Wednesday, April 2nd. Finally, Robert W. Baird lifted their price objective on Domino’s Pizza from $500.00 to $535.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 23rd. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $487.84.

Domino’s Pizza Stock Down 0.6%

Shares of Domino’s Pizza stock opened at $465.95 on Friday. The stock’s 50-day simple moving average is $466.13 and its 200-day simple moving average is $460.53. Domino’s Pizza Inc has a 52 week low of $396.06 and a 52 week high of $500.55. The company has a market capitalization of $15.95 billion, a price-to-earnings ratio of 26.72, a PEG ratio of 2.64 and a beta of 1.09.

Domino’s Pizza (NASDAQ:DPZ) last posted its earnings results on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $4.12 by $0.21. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. Domino’s Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the previous year, the business earned $3.58 earnings per share. On average, equities analysts expect that Domino’s Pizza Inc will post 16.74 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a dividend of $1.74 per share. The ex-dividend date was Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a yield of 1.49%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 39.91%.

Domino’s Pizza 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.