587 Shares in Domino’s Pizza, Inc. (NYSE:DPZ) Bought by MQS Management LLC

MQS Management LLC bought a new stake in Domino’s Pizza, Inc. (NYSE:DPZ) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 587 shares of the restaurant operator’s stock, valued at approximately $252,000.

Several other institutional investors have also recently bought and sold shares of DPZ. Vanguard Group Inc. boosted its stake in shares of Domino’s Pizza by 5.8% in the 1st quarter. Vanguard Group Inc. now owns 4,098,664 shares of the restaurant operator’s stock valued at $2,036,544,000 after purchasing an additional 222,949 shares in the last quarter. Principal Financial Group Inc. boosted its position in Domino’s Pizza by 1.4% in the third quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator’s stock valued at $716,681,000 after buying an additional 23,681 shares in the last quarter. Marshfield Associates boosted its position in Domino’s Pizza by 0.3% in the second quarter. Marshfield Associates now owns 713,481 shares of the restaurant operator’s stock valued at $368,392,000 after buying an additional 2,271 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of Domino’s Pizza by 40,191.5% during the third quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator’s stock worth $225,303,000 after buying an additional 522,490 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Domino’s Pizza by 107.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock worth $221,003,000 after buying an additional 230,090 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, Director Andrew Balson sold 6,970 shares of the firm’s stock in a transaction 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 directly owns 15,390 shares of the company’s stock, valued at approximately $6,591,075.30. This trade represents a 31.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.76% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. TD Cowen reissued a “buy” rating and set a $475.00 price objective on shares of Domino’s Pizza in a report on Friday, October 11th. BMO Capital Markets reduced their price target on Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 11th. Bank of America dropped their price objective 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. Evercore ISI reduced their target price on shares of Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating on the stock in a report on Monday, October 7th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $490.00 price target on shares of Domino’s Pizza in a research note on Friday, October 11th. One analyst has rated the stock with a sell rating, eight have given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Domino’s Pizza has an average rating of “Moderate Buy” and a consensus price target of $494.38.

Domino’s Pizza Price Performance

DPZ stock opened at $435.97 on Friday. The company’s 50-day moving average is $423.17 and its 200-day moving average is $459.20. The stock has a market capitalization of $15.05 billion, a PE ratio of 26.78, a price-to-earnings-growth ratio of 2.37 and a beta of 0.86. Domino’s Pizza, Inc. has a 1 year low of $367.24 and a 1 year high of $542.75.

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

Domino’s Pizza Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.39%. The ex-dividend date is Friday, December 13th. Domino’s Pizza’s payout ratio is currently 37.10%.

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.