1,530 Shares in Domino's Pizza Inc $DPZ Purchased by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd purchased 1,530 shares of Domino's Pizza Inc for approximately $703,000, indicating growing interest from institutional investors, with 94.63% of the stock owned by them.
• Analysts have set a consensus price target of $490.78 for Domino's Pizza, with varied ratings including one Strong Buy, fourteen Buy, and two Sell ratings.
• Domino's announced a quarterly dividend of $1.74 per share, representing an annualized yield of 1.5%, with a payout ratio of 40.42%.

Dynamic Technology Lab Private Ltd bought a new position in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,530 shares of the restaurant operator's stock, valued at approximately $703,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. HighPoint Advisor Group LLC grew its holdings in shares of Domino's Pizza by 3.2% in the first quarter. HighPoint Advisor Group LLC now owns 672 shares of the restaurant operator's stock worth $332,000 after purchasing an additional 21 shares during the last quarter. AGP Franklin LLC grew its holdings in shares of Domino's Pizza by 0.4% in the first quarter. AGP Franklin LLC now owns 5,128 shares of the restaurant operator's stock worth $2,403,000 after purchasing an additional 21 shares during the last quarter. Nissay Asset Management Corp Japan ADV grew its holdings in shares of Domino's Pizza by 0.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 4,162 shares of the restaurant operator's stock worth $1,912,000 after purchasing an additional 21 shares during the last quarter. Compound Planning Inc. boosted its holdings in Domino's Pizza by 4.1% in the first quarter. Compound Planning Inc. now owns 562 shares of the restaurant operator's stock valued at $258,000 after acquiring an additional 22 shares in the last quarter. Finally, Allworth Financial LP boosted its holdings in Domino's Pizza by 16.0% in the first quarter. Allworth Financial LP now owns 174 shares of the restaurant operator's stock valued at $85,000 after acquiring an additional 24 shares in the last quarter. Institutional investors own 94.63% of the company's stock.

Domino's Pizza Trading Down 1.0%

Domino's Pizza stock traded down $4.57 on Friday, hitting $452.05. 437,263 shares of the stock traded hands, compared to its average volume of 579,706. The firm has a market cap of $15.35 billion, a P/E ratio of 26.25, a price-to-earnings-growth ratio of 2.50 and a beta of 1.09. The business's fifty day simple moving average is $459.35 and its 200 day simple moving average is $463.80. Domino's Pizza Inc has a 1 year low of $397.12 and a 1 year high of $500.55.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its quarterly earnings data on Monday, July 21st. The restaurant operator reported $3.81 EPS for the quarter, missing the consensus estimate of $3.93 by ($0.12). The firm had revenue of $1.15 billion for the quarter, compared to analysts' expectations of $1.14 billion. Domino's Pizza had a net margin of 12.49% and a negative return on equity of 15.09%. The business's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the business posted $4.03 EPS. As a group, analysts predict that Domino's Pizza Inc will post 16.74 earnings per share for the current year.

Domino's Pizza Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a $1.74 dividend. This represents a $6.96 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, September 15th. Domino's Pizza's payout ratio is currently 40.42%.

Wall Street Analysts Forecast Growth

DPZ has been the topic of several recent analyst reports. Barclays lifted their price target on shares of Domino's Pizza from $420.00 to $425.00 and gave the company an "underweight" rating in a report on Monday, July 21st. Wells Fargo & Company lifted their price target on shares of Domino's Pizza from $465.00 to $490.00 and gave the company an "equal weight" rating in a report on Tuesday, July 22nd. UBS Group reiterated a "buy" rating and issued a $540.00 price target on shares of Domino's Pizza in a report on Tuesday, July 22nd. Loop Capital lifted their price target on shares of Domino's Pizza from $564.00 to $574.00 and gave the company a "buy" rating in a report on Tuesday, July 22nd. Finally, Melius initiated coverage on shares of Domino's Pizza in a report on Monday, July 14th. They issued a "hold" rating and a $500.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Domino's Pizza presently has an average rating of "Moderate Buy" and an average price target of $490.78.

Insider Activity

In other news, Director James A. Goldman sold 1,000 shares of Domino's Pizza stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $451.49, for a total value of $451,490.00. Following the completion of the transaction, the director owned 3,384 shares of the company's stock, valued at $1,527,842.16. The trade was a 22.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.83% of the stock is currently owned by corporate insiders.

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.