872 Shares in Domino's Pizza Inc $DPZ Bought by United Services Automobile Association

Key Points

• United Services Automobile Association recently acquired 872 shares of Domino's Pizza Inc, valued at approximately $390,000, according to a 13F filing with the SEC.
• Several institutional investors increased their stakes in Domino's Pizza, leading to 94.63% of the stock now being held by institutional investors and hedge funds.
• Domino's Pizza announced a quarterly dividend of $1.74 per share, set to be paid on September 30th, representing an annualized yield of 1.5%.

United Services Automobile Association purchased 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 and Exchange Commission (SEC). The fund purchased 872 shares of the restaurant operator's stock, valued at approximately $390,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in DPZ. Wood Tarver Financial Group LLC purchased a new stake in shares of Domino's Pizza during the fourth quarter valued at about $25,000. Alpine Bank Wealth Management purchased a new position in shares of Domino's Pizza during the 1st quarter valued at approximately $25,000. LRI Investments LLC purchased a new position in shares of Domino's Pizza during the 1st quarter valued at approximately $27,000. Zions Bancorporation National Association UT acquired a new stake in shares of Domino's Pizza in the 1st quarter worth $27,000. Finally, SVB Wealth LLC acquired a new stake in shares of Domino's Pizza during the 1st quarter worth about $36,000. 94.63% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Domino's Pizza news, Director James A. Goldman sold 1,000 shares of the company's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $451.49, for a total transaction of $451,490.00. Following the transaction, the director directly owned 3,384 shares in the company, valued at approximately $1,527,842.16. This represents a 22.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.83% of the company's stock.

Domino's Pizza Stock Performance

Shares of NASDAQ:DPZ traded down $6.54 during trading on Tuesday, hitting $443.42. The company's stock had a trading volume of 224,579 shares, compared to its average volume of 637,302. The business has a 50 day moving average price of $459.29 and a two-hundred day moving average price of $463.29. The company has a market capitalization of $15.05 billion, a PE ratio of 25.84, a P/E/G ratio of 2.48 and a beta of 1.09. Domino's Pizza Inc has a fifty-two week low of $397.12 and a fifty-two week high of $500.55.

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

Domino's Pizza Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a dividend of $1.74 per share. This represents a $6.96 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, September 15th. Domino's Pizza's dividend payout ratio is currently 40.42%.

Analysts Set New Price Targets

DPZ has been the topic of a number of recent analyst reports. Redburn Atlantic initiated coverage on Domino's Pizza in a report on Tuesday, June 10th. They set a "sell" rating and a $340.00 price objective on the stock. Guggenheim increased their target price on Domino's Pizza from $485.00 to $490.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 27th. Melius assumed coverage on Domino's Pizza in a report on Monday, July 14th. They set a "hold" rating and a $500.00 target price on the stock. Benchmark boosted their price objective on Domino's Pizza from $535.00 to $540.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. Finally, Wells Fargo & Company raised their price objective on Domino's Pizza from $465.00 to $490.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $490.78.

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.