AQR Capital Management LLC Has $23.33 Million Stock Holdings in Domino's Pizza Inc $DPZ

AQR Capital Management LLC reduced its position in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 41.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 51,430 shares of the restaurant operator's stock after selling 36,450 shares during the period. AQR Capital Management LLC owned 0.15% of Domino's Pizza worth $23,326,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Praxis Investment Management Inc. acquired a new stake in shares of Domino's Pizza in the 1st quarter valued at $414,000. Sowell Financial Services LLC bought a new position in shares of Domino's Pizza in the 1st quarter worth $282,000. Merit Financial Group LLC boosted its position in shares of Domino's Pizza by 88.5% in the 1st quarter. Merit Financial Group LLC now owns 1,591 shares of the restaurant operator's stock worth $731,000 after purchasing an additional 747 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Domino's Pizza by 53,740.4% in the 1st quarter. GAMMA Investing LLC now owns 260,049 shares of the restaurant operator's stock worth $119,480,000 after purchasing an additional 259,566 shares during the last quarter. Finally, Cornerstone Wealth Group LLC boosted its position in shares of Domino's Pizza by 41.0% in the 1st quarter. Cornerstone Wealth Group LLC now owns 20,417 shares of the restaurant operator's stock worth $9,381,000 after purchasing an additional 5,939 shares during the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Insider Activity

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

Domino's Pizza Trading Down 1.8%

Shares of Domino's Pizza stock traded down $8.41 during trading on Wednesday, reaching $450.56. The stock had a trading volume of 682,861 shares, compared to its average volume of 568,033. The company has a market capitalization of $15.30 billion, a price-to-earnings ratio of 26.16, a P/E/G ratio of 2.51 and a beta of 1.09. The stock has a fifty day moving average price of $459.42 and a two-hundred day moving average price of $463.92. Domino's Pizza Inc has a 52 week low of $396.06 and a 52 week high of $500.55.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its quarterly earnings results on Monday, July 21st. The restaurant operator reported $3.81 EPS for the quarter, missing analysts' consensus estimates 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 firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the firm earned $4.03 earnings per share. The business's revenue for the quarter was up 4.3% on a year-over-year basis. On average, equities analysts forecast that Domino's Pizza Inc will post 16.74 EPS for the current fiscal year.

Domino's Pizza Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a $1.74 dividend. The ex-dividend date is Monday, September 15th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.5%. Domino's Pizza's dividend payout ratio (DPR) is 40.42%.

Analyst Ratings Changes

Several research firms have recently issued reports on DPZ. Guggenheim raised their price target 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. Sanford C. Bernstein lifted their price objective on shares of Domino's Pizza from $460.00 to $490.00 and gave the stock a "market perform" rating in a research note on Tuesday, July 22nd. Royal Bank Of Canada lowered shares of Domino's Pizza from an "outperform" rating to a "sector perform" rating and reduced their price objective for the stock from $550.00 to $500.00 in a research note on Tuesday, July 29th. Barclays lifted their price objective on shares of Domino's Pizza from $420.00 to $425.00 and gave the stock an "underweight" rating in a research note on Monday, July 21st. Finally, Redburn Atlantic began coverage on shares of Domino's Pizza in a research note on Tuesday, June 10th. They set a "sell" rating and a $340.00 price objective on the stock. One equities 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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.