Natixis Buys 1,246 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Natixis lifted its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 62.0% during the first quarter, HoldingsChannel reports. The firm owned 3,255 shares of the restaurant operator’s stock after acquiring an additional 1,246 shares during the quarter. Natixis’ holdings in Domino’s Pizza were worth $1,617,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. RB Capital Management LLC bought a new stake in shares of Domino’s Pizza during the 1st quarter worth approximately $202,000. Bessemer Group Inc. raised its stake in shares of Domino’s Pizza by 34.9% during the 1st quarter. Bessemer Group Inc. now owns 4,950 shares of the restaurant operator’s stock worth $2,460,000 after purchasing an additional 1,280 shares in the last quarter. UniSuper Management Pty Ltd raised its stake in shares of Domino’s Pizza by 429.0% during the 1st quarter. UniSuper Management Pty Ltd now owns 2,481 shares of the restaurant operator’s stock worth $1,233,000 after purchasing an additional 2,012 shares in the last quarter. Invesco LLC bought a new stake in shares of Domino’s Pizza during the 1st quarter worth approximately $211,000. Finally, O Shaughnessy Asset Management LLC raised its stake in shares of Domino’s Pizza by 29.3% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 11,627 shares of the restaurant operator’s stock worth $5,777,000 after purchasing an additional 2,632 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Up 0.1 %

Shares of DPZ traded up $0.44 during trading hours on Thursday, hitting $425.17. 951,669 shares of the company were exchanged, compared to its average volume of 592,692. The company has a market cap of $14.87 billion, a price-to-earnings ratio of 27.75, a P/E/G ratio of 2.22 and a beta of 0.87. Domino’s Pizza, Inc. has a fifty-two week low of $330.05 and a fifty-two week high of $542.75. The firm’s fifty day moving average is $498.75 and its 200 day moving average is $473.58.

Domino’s Pizza (NYSE:DPZ) last released its earnings results on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.68 by $0.35. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. Domino’s Pizza’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $3.08 EPS. Analysts anticipate that Domino’s Pizza, Inc. will post 16.17 EPS for the current year.

Domino’s Pizza Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be paid a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.42%. The ex-dividend date is Friday, September 13th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 39.43%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. TD Securities reiterated a “buy” rating and set a $580.00 price objective on shares of Domino’s Pizza in a research note on Thursday, May 16th. TD Cowen restated a “buy” rating and issued a $610.00 price target on shares of Domino’s Pizza in a research note on Thursday, July 18th. The Goldman Sachs Group began coverage on Domino’s Pizza in a research note on Thursday, June 13th. They issued a “buy” rating and a $612.00 price target on the stock. Barclays dropped their price target on Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating on the stock in a research note on Friday, July 19th. Finally, BTIG Research increased their price target on Domino’s Pizza from $515.00 to $580.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Domino’s Pizza presently has an average rating of “Moderate Buy” and a consensus target price of $517.39.

Insider Activity at Domino’s Pizza

In related news, CEO Russell J. Weiner sold 11,780 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $526.37, for a total value of $6,200,638.60. Following the sale, the chief executive officer now directly owns 32,001 shares of the company’s stock, valued at $16,844,366.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 745 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $530.30, for a total value of $395,073.50. Following the completion of the transaction, the executive vice president now directly owns 3,910 shares in the company, valued at $2,073,473. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Russell J. Weiner sold 11,780 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $526.37, for a total value of $6,200,638.60. Following the completion of the transaction, the chief executive officer now owns 32,001 shares of the company’s stock, valued at $16,844,366.37. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by 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.