Domino’s Pizza Inc $DPZ Shares Purchased by Railway Pension Investments Ltd

Railway Pension Investments Ltd increased its holdings in Domino’s Pizza Inc (NASDAQ:DPZ) by 304.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,700 shares of the restaurant operator’s stock after buying an additional 7,300 shares during the period. Railway Pension Investments Ltd’s holdings in Domino’s Pizza were worth $4,188,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DPZ. Vident Advisory LLC lifted its position in shares of Domino’s Pizza by 37.2% in the first quarter. Vident Advisory LLC now owns 774 shares of the restaurant operator’s stock valued at $356,000 after acquiring an additional 210 shares in the last quarter. Amundi boosted its stake in shares of Domino’s Pizza by 3.9% during the 1st quarter. Amundi now owns 63,975 shares of the restaurant operator’s stock worth $29,533,000 after purchasing an additional 2,426 shares during the last quarter. Nissay Asset Management Corp Japan ADV boosted its stake in shares of Domino’s Pizza by 0.5% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 4,162 shares of the restaurant operator’s stock worth $1,912,000 after purchasing an additional 21 shares during the last quarter. Scientech Research LLC grew its holdings in shares of Domino’s Pizza by 86.7% during the first quarter. Scientech Research LLC now owns 2,423 shares of the restaurant operator’s stock worth $1,113,000 after buying an additional 1,125 shares in the last quarter. Finally, UniSuper Management Pty Ltd raised its position in shares of Domino’s Pizza by 4.1% in the first quarter. UniSuper Management Pty Ltd now owns 5,060 shares of the restaurant operator’s stock valued at $2,325,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analyst Upgrades and Downgrades

DPZ has been the topic of a number of analyst reports. Mizuho upgraded shares of Domino’s Pizza to a “strong-buy” rating in a research report on Tuesday, October 28th. Bank of America raised their price objective on Domino’s Pizza from $514.00 to $536.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $490.00 target price on shares of Domino’s Pizza in a research note on Tuesday, December 2nd. BTIG Research reissued a “buy” rating and issued a $530.00 price target on shares of Domino’s Pizza in a research note on Friday, November 14th. Finally, Morgan Stanley upped their price objective on shares of Domino’s Pizza from $520.00 to $535.00 and gave the company an “overweight” rating in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $490.40.

Domino’s Pizza Price Performance

Shares of NASDAQ:DPZ opened at $425.28 on Monday. The business has a 50-day moving average of $416.68 and a two-hundred day moving average of $436.36. The firm has a market capitalization of $14.37 billion, a PE ratio of 24.86, a P/E/G ratio of 2.00 and a beta of 1.15. Domino’s Pizza Inc has a 12 month low of $392.89 and a 12 month high of $500.55.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.96 by $0.12. The business 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 previous year, the business earned $4.19 EPS. As a group, research analysts anticipate that Domino’s Pizza Inc will post 16.74 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 15th were given a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Monday, December 15th. Domino’s Pizza’s dividend payout ratio is 40.68%.

Insider Transactions at Domino’s Pizza

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 4,870 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $434.06, for a total value of $2,113,872.20. Following the transaction, the executive vice president directly owned 6,744 shares of the company’s stock, valued at $2,927,300.64. This trade represents a 41.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.83% of the company’s stock.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.