Moloney Securities Asset Management LLC Increases Stock Position in Domino’s Pizza, Inc. (NYSE:DPZ)

Moloney Securities Asset Management LLC increased its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 8.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,846 shares of the restaurant operator’s stock after buying an additional 215 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Domino’s Pizza were worth $1,224,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Central Pacific Bank Trust Division acquired a new position in Domino’s Pizza during the 3rd quarter worth $30,000. Blue Trust Inc. grew its holdings in Domino’s Pizza by 162.5% during the 2nd quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock worth $31,000 after acquiring an additional 39 shares in the last quarter. Crewe Advisors LLC acquired a new position in Domino’s Pizza during the 1st quarter worth $36,000. Versant Capital Management Inc grew its holdings in Domino’s Pizza by 654.5% during the 2nd quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock worth $43,000 after acquiring an additional 72 shares in the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new position in Domino’s Pizza during the 3rd quarter worth $43,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DPZ has been the subject of several recent analyst reports. Wedbush reissued an “outperform” rating and set a $470.00 price objective on shares of Domino’s Pizza in a report on Friday, October 11th. BMO Capital Markets decreased their price target on shares of Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Friday, October 11th. Bank of America decreased their price target on shares of Domino’s Pizza from $582.00 to $557.00 and set a “buy” rating for the company in a report on Friday, October 11th. Stephens decreased their price target on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating for the company in a report on Friday, October 11th. Finally, Robert W. Baird decreased their price target on shares of Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating for the company in a report on Thursday, September 12th. One equities research 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’s stock. According to MarketBeat.com, Domino’s Pizza has a consensus rating of “Moderate Buy” and a consensus price target of $489.55.

Domino’s Pizza Trading Down 0.5 %

DPZ stock opened at $428.00 on Wednesday. Domino’s Pizza, Inc. has a 52 week low of $361.82 and a 52 week high of $542.75. The company has a market capitalization of $14.78 billion, a price-to-earnings ratio of 26.29, a price-to-earnings-growth ratio of 2.30 and a beta of 0.86. The firm’s 50-day moving average is $418.26 and its two-hundred day moving average is $461.21.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the previous year, the firm earned $4.18 EPS. Domino’s Pizza’s revenue was up 5.1% on a year-over-year basis. On average, equities research analysts predict that Domino’s Pizza, Inc. will post 16.81 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be given a dividend of $1.51 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.41%. Domino’s Pizza’s dividend payout ratio (DPR) is 37.10%.

Insider Transactions at Domino’s Pizza

In other news, Director Andrew Balson sold 6,970 shares of Domino’s Pizza stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $428.27, for a total value of $2,985,041.90. Following the transaction, the director now owns 15,390 shares of the company’s stock, valued at $6,591,075.30. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.81% of the company’s stock.

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.