28,540 Shares in Domino's Pizza Inc $DPZ Bought by First Nebraska Trust Co

Key Points

• First Nebraska Trust Co. acquired 28,540 Domino’s shares in the third quarter, worth about $8.55 million and representing roughly 0.09% of the company. Institutional investors and hedge funds collectively owned 94.63% of the stock.
• 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. The company also declared a $1.99 quarterly dividend per share.
• Analysts’ consensus rating was Moderate Buy, with an average price target of $380.87; shares opened at $323.09 in the session described.

First Nebraska Trust Co bought a new position in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 28,540 shares of the restaurant operator's stock, valued at approximately $8,551,000. First Nebraska Trust Co owned about 0.09% of Domino's Pizza as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Domino's Pizza during the 3rd quarter valued at $2,696,000. ProShare Advisors LLC grew its position in Domino's Pizza by 21.1% during the 3rd 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 during the last quarter. Vise Technologies Inc. increased its holdings in Domino's Pizza by 71.0% in the 3rd quarter. Vise Technologies Inc. now owns 1,351 shares of the restaurant operator's stock worth $405,000 after purchasing an additional 561 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Domino's Pizza by 213.8% in the 3rd quarter. International Assets Investment Management LLC now owns 4,760 shares of the restaurant operator's stock worth $1,426,000 after purchasing an additional 3,243 shares in the last quarter. Finally, D.A. Davidson & CO. increased its holdings in 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 purchasing an additional 12,767 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino's Pizza Trading Up 0.2%

DPZ opened at $323.09 on Wednesday. Domino's Pizza Inc has a 12 month low of $282.00 and a 12 month high of $442.35. The company has a market cap of $10.63 billion, a PE ratio of 17.80, a price-to-earnings-growth ratio of 1.49 and a beta of 0.95. The company has a 50 day moving average of $313.48 and a 200 day moving average of $342.50.

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

Domino's Pizza Announces Dividend

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

Wall Street Analyst Weigh In

DPZ has been the topic of several analyst reports. TD Cowen reissued a "hold" rating and issued a $320.00 price objective on shares of Domino's Pizza in a research note on Tuesday, October 13th. Seaport Research Partners began coverage on shares of Domino's Pizza in a research note on Wednesday, September 16th. They issued a "neutral" rating for the company. Berenberg Bank raised Domino's Pizza to a "strong-buy" rating in a research report on Monday, October 5th. Citigroup lowered their price objective on shares of Domino's Pizza from $335.00 to $308.00 and set a "neutral" rating on the stock in a report on Wednesday, October 14th. Finally, Robert W. Baird dropped their target price on Domino's Pizza from $325.00 to $320.00 and set a "neutral" rating on the stock in a report on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $380.87.

Domino's Pizza Company Profile

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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