River Global Investors LLP Acquires 160 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

River Global Investors LLP grew its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 4.4% in the third quarter, Holdings Channel.com reports. The firm owned 3,770 shares of the restaurant operator’s stock after buying an additional 160 shares during the period. River Global Investors LLP’s holdings in Domino’s Pizza were worth $1,623,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DPZ. Central Pacific Bank Trust Division purchased a new stake in shares of Domino’s Pizza in the third quarter worth about $30,000. Blue Trust Inc. lifted its holdings in shares of Domino’s Pizza by 162.5% in the second quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock worth $31,000 after buying an additional 39 shares in the last quarter. Crewe Advisors LLC purchased a new stake in shares of Domino’s Pizza in the first quarter worth about $36,000. Versant Capital Management Inc lifted its holdings in shares of Domino’s Pizza by 654.5% in the second quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock worth $43,000 after buying an additional 72 shares in the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of Domino’s Pizza in the third quarter worth about $43,000. Institutional investors own 94.63% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DPZ. Piper Sandler lowered their price target on shares of Domino’s Pizza from $436.00 to $429.00 and set a “neutral” rating on the stock in a report on Monday, October 7th. BTIG Research lowered their target price on shares of Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, October 11th. Oppenheimer reaffirmed an “outperform” rating and issued a $490.00 target price on shares of Domino’s Pizza in a research note on Friday, October 11th. Jefferies Financial Group lowered their target price on shares of Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating on the stock in a research note on Friday, October 11th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating on the stock in a research note on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $494.38.

Domino’s Pizza Trading Up 2.5 %

Shares of NYSE:DPZ traded up $11.29 during trading on Friday, reaching $459.73. 611,383 shares of the company traded hands, compared to its average volume of 654,087. The firm has a market capitalization of $15.87 billion, a price-to-earnings ratio of 28.24, a P/E/G ratio of 2.38 and a beta of 0.86. Domino’s Pizza, Inc. has a 52-week low of $367.24 and a 52-week high of $542.75. The business’s fifty day moving average is $420.58 and its 200-day moving average is $460.44.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.65 by $0.54. The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.18 earnings per share. On average, sell-side analysts predict that Domino’s Pizza, Inc. will post 16.86 earnings per share for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be issued a dividend of $1.51 per share. The ex-dividend date is Friday, December 13th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.31%. Domino’s Pizza’s dividend payout ratio is presently 37.10%.

Insider Activity at Domino’s Pizza

In related news, Director Andrew Balson sold 6,970 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $428.27, for a total transaction of $2,985,041.90. Following the completion of the transaction, the director now owns 15,390 shares in the company, valued at $6,591,075.30. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.76% of the stock is owned by corporate insiders.

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.