Asset Management One Co. Ltd. Buys 27 Shares of Domino’s Pizza Inc $DPZ

Asset Management One Co. Ltd. lifted its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 0.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,910 shares of the restaurant operator’s stock after acquiring an additional 27 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Domino’s Pizza were worth $6,268,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Impax Asset Management Group plc bought a new stake in shares of Domino’s Pizza during the 1st quarter worth about $633,000. Teacher Retirement System of Texas bought a new stake in shares of Domino’s Pizza during the 1st quarter worth about $2,319,000. Charles Schwab Investment Management Inc. bought a new stake in shares of Domino’s Pizza during the 1st quarter worth about $110,348,000. DekaBank Deutsche Girozentrale boosted its stake in shares of Domino’s Pizza by 2.9% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 8,091 shares of the restaurant operator’s stock worth $3,631,000 after acquiring an additional 228 shares in the last quarter. Finally, Summit Trail Advisors LLC boosted its stake in shares of Domino’s Pizza by 157.2% during the 1st quarter. Summit Trail Advisors LLC now owns 1,597 shares of the restaurant operator’s stock worth $734,000 after acquiring an additional 976 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.

Insider Buying and Selling

In other Domino’s Pizza news, Director James A. Goldman sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $451.49, for a total value of $451,490.00. Following the completion of the transaction, the director owned 3,384 shares of the company’s stock, valued at $1,527,842.16. This represents a 22.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.83% of the stock is currently owned by company insiders.

Domino’s Pizza Stock Down 0.4%

Domino’s Pizza stock opened at $410.97 on Wednesday. The business has a 50 day moving average price of $435.20 and a two-hundred day moving average price of $456.08. The stock has a market cap of $13.89 billion, a price-to-earnings ratio of 24.02, a price-to-earnings-growth ratio of 2.18 and a beta of 1.12. Domino’s Pizza Inc has a 12 month low of $397.12 and a 12 month high of $500.55.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 EPS for the quarter, beating the consensus estimate of $3.96 by $0.12. The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Domino’s Pizza had a negative return on equity of 14.91% and a net margin of 12.16%.The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.19 EPS. On average, analysts expect that Domino’s Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 15th will be issued a $1.74 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $6.96 annualized dividend and a yield of 1.7%. Domino’s Pizza’s dividend payout ratio is 40.68%.

Wall Street Analyst Weigh In

DPZ has been the subject of several research analyst reports. Mizuho initiated coverage on Domino’s Pizza in a research report on Monday. They set an “outperform” rating and a $500.00 price objective for the company. TD Cowen reissued a “buy” rating and set a $510.00 price objective on shares of Domino’s Pizza in a research report on Tuesday, October 14th. Royal Bank Of Canada cut their price objective on Domino’s Pizza from $500.00 to $450.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 15th. Citigroup cut their price objective on Domino’s Pizza from $500.00 to $480.00 and set a “neutral” rating for the company in a research report on Tuesday, September 30th. Finally, UBS Group reissued a “buy” rating and set a $540.00 price objective on shares of Domino’s Pizza in a research report on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $490.32.

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.