14,282 Domino's Pizza Inc $DPZ Shares Sold by Aware Super Pty Ltd as trustee of Aware Super

Key Points

• Aware Super cut its Domino’s Pizza stake by 48.3% in the third quarter, selling 14,282 shares and retaining 15,271 shares valued at about $4.6 million.
• Domino’s reported quarterly EPS of $4.60, beating the $4.33 consensus, while revenue rose 3.4% year over year to $1.19 billion. It also declared a quarterly dividend of $1.99 per share.
• Analysts’ consensus rating was “Moderate Buy,” with an average price target of $380.87; shares opened at $323.09 in the session cited.

Aware Super Pty Ltd as trustee of Aware Super decreased its position in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 48.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,271 shares of the restaurant operator's stock after selling 14,282 shares during the period. Aware Super Pty Ltd as trustee of Aware Super's holdings in Domino's Pizza were worth $4,575,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in DPZ. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Domino's Pizza in the third quarter worth approximately $2,696,000. ProShare Advisors LLC raised its stake in shares of Domino's Pizza by 21.1% during the third quarter. ProShare Advisors LLC now owns 6,355 shares of the restaurant operator's stock worth $1,904,000 after acquiring an additional 1,108 shares in the last quarter. Vise Technologies Inc. raised its stake in shares of Domino's Pizza by 71.0% during the third quarter. Vise Technologies Inc. now owns 1,351 shares of the restaurant operator's stock worth $405,000 after acquiring an additional 561 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of Domino's Pizza by 213.8% during the third quarter. International Assets Investment Management LLC now owns 4,760 shares of the restaurant operator's stock worth $1,426,000 after acquiring an additional 3,243 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its holdings in shares of Domino's Pizza by 96.0% in the 3rd quarter. D.A. Davidson & CO. now owns 26,068 shares of the restaurant operator's stock worth $7,810,000 after acquiring an additional 12,767 shares during the last quarter. Institutional investors own 94.63% of the company's stock.

Domino's Pizza Stock Up 0.2%

DPZ opened at $323.09 on Wednesday. The firm has a 50 day moving average price of $313.48 and a 200-day moving average price of $342.50. The stock has a market capitalization of $10.63 billion, a price-to-earnings ratio of 17.80, a PEG ratio of 1.49 and a beta of 0.95. Domino's Pizza Inc has a twelve month low of $282.00 and a twelve month high of $442.35.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted its quarterly earnings data on Tuesday, October 13th. The restaurant operator reported $4.60 earnings per share for the quarter, beating analysts' consensus estimates of $4.33 by $0.27. Domino's Pizza had a negative return on equity of 15.48% and a net margin of 12.03%. The firm had revenue of $1.19 billion for the quarter. During the same period in the previous year, the firm earned $4.08 earnings per share. The firm's quarterly revenue was up 3.4% on a year-over-year basis. As a group, analysts expect that Domino's Pizza Inc will post 19.10 earnings per share for the current year.

Domino's Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Tuesday, December 15th will be issued a dividend of $1.99 per share. This represents a $7.96 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, December 15th. Domino's Pizza's dividend payout ratio (DPR) is 43.86%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DPZ. Wells Fargo & Company lowered their target price on Domino's Pizza from $350.00 to $320.00 and set an "equal weight" rating for the company in a research note on Wednesday, October 14th. Weiss Ratings restated a "hold (c-)" rating on shares of Domino's Pizza in a research report on Wednesday, August 26th. JPMorgan Chase & Co. decreased their price target on Domino's Pizza from $380.00 to $350.00 and set an "overweight" rating on the stock in a research note on Tuesday, September 29th. Evercore reaffirmed an "outperform" rating on shares of Domino's Pizza in a research note on Thursday, July 9th. Finally, Robert W. Baird lowered their price objective on Domino's Pizza from $325.00 to $320.00 and set a "neutral" rating for the company in a research report on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Domino's Pizza presently has a consensus rating of "Moderate Buy" and a consensus price target of $380.87.

About Domino's Pizza

Domino's Pizza, Inc is a global restaurant company that operates and franchises Domino's-branded pizza stores. Its core business focuses on pizza delivery and carryout, supported by digital ordering platforms, delivery technology and a supply chain that provides food and related products to stores.

The company's menu includes a variety of pizzas, along with items such as chicken, sandwiches, pasta, bread products, desserts and beverages. Domino's serves customers through a combination of company-owned and franchised locations, with franchisees operating the majority of its stores.

Founded in 1960 when Tom and James Monaghan acquired a small Michigan pizzeria, the business adopted the Domino's name in 1965 and expanded through franchising.

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