Domino’s Pizza Inc $DPZ Shares Acquired by Aviva PLC

Aviva PLC increased its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 1,363.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,985 shares of the restaurant operator’s stock after buying an additional 17,688 shares during the quarter. Aviva PLC owned about 0.06% of Domino’s Pizza worth $8,555,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. bought a new position in shares of Domino’s Pizza during the first quarter worth about $110,348,000. Invesco Ltd. boosted its stake in Domino’s Pizza by 32.9% during the 1st quarter. Invesco Ltd. now owns 809,658 shares of the restaurant operator’s stock valued at $371,997,000 after purchasing an additional 200,622 shares during the period. Bristol Gate Capital Partners Inc. bought a new position in Domino’s Pizza in the 1st quarter worth about $92,085,000. Sterling Capital Management LLC grew its position in Domino’s Pizza by 2,076.8% in the 2nd quarter. Sterling Capital Management LLC now owns 180,084 shares of the restaurant operator’s stock worth $81,146,000 after purchasing an additional 171,811 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Domino’s Pizza by 27.0% in the second quarter. Envestnet Asset Management Inc. now owns 511,206 shares of the restaurant operator’s stock valued at $230,349,000 after purchasing an additional 108,794 shares during the period. 94.63% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Domino’s Pizza

In related news, Director James A. Goldman sold 1,000 shares of Domino’s Pizza stock in a transaction 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 transaction, the director directly owned 3,384 shares in the company, valued at $1,527,842.16. The trade was a 22.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.83% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on DPZ. Benchmark boosted their price objective on Domino’s Pizza from $535.00 to $540.00 and gave the stock a “buy” rating in a research report on Tuesday, July 22nd. BTIG Research reiterated a “buy” rating and set a $530.00 price target on shares of Domino’s Pizza in a research report on Wednesday, October 15th. TD Cowen reissued a “buy” rating and issued a $510.00 price target on shares of Domino’s Pizza in a research note on Tuesday, October 14th. Guggenheim lifted their price objective on shares of Domino’s Pizza from $485.00 to $490.00 and gave the company a “neutral” rating in a research note on Wednesday, August 27th. Finally, Loop Capital upped their price objective on shares of Domino’s Pizza from $564.00 to $574.00 and gave the stock a “buy” rating in a report on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and a consensus target price of $490.32.

Domino’s Pizza Trading Down 1.3%

NASDAQ:DPZ opened at $403.76 on Thursday. The company has a 50-day moving average of $424.14 and a 200-day moving average of $450.72. The firm has a market cap of $13.64 billion, a price-to-earnings ratio of 23.60, a price-to-earnings-growth ratio of 2.15 and a beta of 1.09. Domino’s Pizza Inc has a twelve month low of $392.89 and a twelve month high of $500.55.

Domino’s Pizza (NASDAQ:DPZ) last released its 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 business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion. Domino’s Pizza had a net margin of 12.16% and a negative return on equity of 14.91%. The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business earned $4.19 earnings per share. On average, research analysts forecast 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 will be paid on Friday, December 26th. Stockholders of record on Monday, December 15th will be paid a dividend of $1.74 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a $6.96 annualized dividend and a dividend yield of 1.7%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 40.68%.

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.