Keybank National Association OH lessened its stake in Domino’s Pizza, Inc. (NYSE:DPZ – Free Report) by 21.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,250 shares of the restaurant operator’s stock after selling 343 shares during the quarter. Keybank National Association OH’s holdings in Domino’s Pizza were worth $412,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Westpac Banking Corp boosted its holdings in Domino’s Pizza by 1.1% in the 4th quarter. Westpac Banking Corp now owns 2,561 shares of the restaurant operator’s stock worth $887,000 after acquiring an additional 29 shares during the period. Studio Investment Management LLC boosted its holdings in Domino’s Pizza by 4.9% in the 4th quarter. Studio Investment Management LLC now owns 665 shares of the restaurant operator’s stock worth $230,000 after acquiring an additional 31 shares during the period. Mutual Advisors LLC boosted its stake in shares of Domino’s Pizza by 2.5% during the 1st quarter. Mutual Advisors LLC now owns 1,360 shares of the restaurant operator’s stock valued at $449,000 after buying an additional 33 shares during the last quarter. Fiera Capital Corp boosted its stake in shares of Domino’s Pizza by 2.0% during the 4th quarter. Fiera Capital Corp now owns 1,757 shares of the restaurant operator’s stock valued at $609,000 after buying an additional 34 shares during the last quarter. Finally, SVB Wealth LLC boosted its stake in shares of Domino’s Pizza by 0.4% during the 4th quarter. SVB Wealth LLC now owns 8,923 shares of the restaurant operator’s stock valued at $3,091,000 after buying an additional 35 shares during the last quarter. Hedge funds and other institutional investors own 90.58% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently commented on the company. Royal Bank of Canada reiterated an “outperform” rating and set a $440.00 target price on shares of Domino’s Pizza in a research note on Friday, August 11th. Wells Fargo & Company upped their price target on Domino’s Pizza from $310.00 to $375.00 in a research report on Thursday, July 13th. BTIG Research upped their price target on Domino’s Pizza from $400.00 to $465.00 and gave the company a “buy” rating in a research report on Wednesday, July 19th. Credit Suisse Group increased their target price on Domino’s Pizza from $335.00 to $355.00 in a research report on Friday, April 28th. Finally, Stephens reiterated an “equal weight” rating and issued a $365.00 target price on shares of Domino’s Pizza in a research note on Monday, July 24th. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $392.28.
Domino’s Pizza Trading Down 0.0 %
Shares of DPZ opened at $379.72 on Wednesday. The business’s 50-day moving average price is $367.45 and its 200 day moving average price is $335.91. The stock has a market capitalization of $13.32 billion, a P/E ratio of 28.70, a P/E/G ratio of 2.13 and a beta of 0.86. Domino’s Pizza, Inc. has a 1-year low of $285.84 and a 1-year high of $409.95.
Domino’s Pizza (NYSE:DPZ – Get Free Report) last released its earnings results on Monday, July 24th. The restaurant operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $3.06 by $0.02. Domino’s Pizza had a negative return on equity of 11.24% and a net margin of 10.49%. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the previous year, the business posted $2.82 EPS. The business’s revenue for the quarter was down 3.8% on a year-over-year basis. On average, research analysts predict that Domino’s Pizza, Inc. will post 13.73 earnings per share for the current year.
Domino’s Pizza Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a dividend of $1.21 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $4.84 annualized dividend and a yield of 1.27%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 36.58%.
Insider Buying and Selling at Domino’s Pizza
In other Domino’s Pizza news, EVP Cynthia A. Headen sold 382 shares of Domino’s Pizza stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of $400.00, for a total transaction of $152,800.00. Following the transaction, the executive vice president now owns 4,333 shares of the company’s stock, valued at approximately $1,733,200. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.76% of the company’s stock.
Domino’s Pizza Company 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.
Featured Articles
- Five stocks we like better than Domino’s Pizza
- How Investors Can Find the Best Cheap Dividend Stocks
- 5 Best Fintech Banks to Invest in Now
- What is a Stock Market Index and How Do You Use Them?
- 3 Smart AI ETFs For Intelligent Passive Investing Needs
- How to Invest in Apparel Stocks
- 4 Reasons Zoom Video is Ready to Rock Into a Reversal
Receive News & Ratings for Domino's Pizza Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza and related companies with MarketBeat.com's FREE daily email newsletter.
