Capital Insight Partners LLC Buys 321 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

by · The Cerbat Gem

Capital Insight Partners LLC increased its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ – Free Report) by 26.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,526 shares of the restaurant operator’s stock after acquiring an additional 321 shares during the period. Capital Insight Partners LLC’s holdings in Domino’s Pizza were worth $656,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of DPZ. Coatue Management LLC acquired a new stake in Domino’s Pizza in the 4th quarter valued at about $322,859,000. Price T Rowe Associates Inc. MD raised its stake in Domino’s Pizza by 107.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock valued at $221,003,000 after acquiring an additional 230,090 shares during the period. Vanguard Group Inc. lifted its holdings in Domino’s Pizza by 5.8% during 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 during the last quarter. Envestnet Asset Management Inc. boosted its position in Domino’s Pizza by 85.2% during the second quarter. Envestnet Asset Management Inc. now owns 327,166 shares of the restaurant operator’s stock worth $168,926,000 after purchasing an additional 150,526 shares during the period. Finally, Point72 Asset Management L.P. acquired a new position in shares of Domino’s Pizza in the second quarter valued at $72,296,000. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino’s Pizza Stock Down 0.7 %

Shares of NYSE DPZ traded down $3.00 during trading on Thursday, reaching $410.20. The company had a trading volume of 1,604,185 shares, compared to its average volume of 609,236. The stock has a market cap of $14.31 billion, a P/E ratio of 26.94, a PEG ratio of 2.21 and a beta of 0.86. The company’s fifty day moving average price is $421.97 and its 200-day moving average price is $470.24. Domino’s Pizza, Inc. has a 12 month low of $332.13 and a 12 month high of $542.75.

Domino’s Pizza (NYSE:DPZ – Get Free Report) last released its earnings results on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share for the quarter, beating analysts’ consensus estimates of $3.68 by $0.35. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the prior year, the firm posted $3.08 EPS. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. As a group, equities analysts predict that Domino’s Pizza, Inc. will post 16.24 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were issued a $1.51 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $6.04 annualized dividend and a yield of 1.47%. Domino’s Pizza’s payout ratio is 39.43%.

Analyst Ratings Changes

Several brokerages recently commented on DPZ. BMO Capital Markets reduced their target price on shares of Domino’s Pizza from $525.00 to $510.00 and set an “outperform” rating for the company in a report on Wednesday, September 11th. Royal Bank of Canada lowered their target price on Domino’s Pizza from $575.00 to $500.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 24th. JPMorgan Chase & Co. boosted their price target on Domino’s Pizza from $450.00 to $470.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. Oppenheimer decreased their price target on shares of Domino’s Pizza from $510.00 to $490.00 and set an “outperform” rating on the stock in a research note on Friday, September 6th. Finally, Robert W. Baird dropped their price objective on shares of Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating for the company in a research note on Thursday, September 12th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $504.03.

View Our Latest Stock Report on DPZ

Domino’s Pizza Profile

(Free Report)

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.

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