UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Buys 5,115 Shares of Domino's Pizza Inc $DPZ

Key Points

• UBS Asset Management increased its stake in Domino's Pizza by 2.2%, owning approximately 0.69% of the company valued at about $109 million after purchasing an additional 5,115 shares.
• Domino's Pizza reported a 12.49% net margin and a negative return on equity of 15.09%, with Q2 earnings per share falling short of estimates at $3.81.
• The company announced a quarterly dividend of $1.74 per share, resulting in a 1.5% yield and reflecting a payout ratio of 40.42%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 2.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 237,492 shares of the restaurant operator's stock after acquiring an additional 5,115 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.69% of Domino's Pizza worth $109,116,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Optimize Financial Inc grew its stake in Domino's Pizza by 13.8% in the first quarter. Optimize Financial Inc now owns 1,474 shares of the restaurant operator's stock valued at $677,000 after acquiring an additional 179 shares during the period. Woodline Partners LP grew its stake in Domino's Pizza by 237.9% in the first quarter. Woodline Partners LP now owns 85,704 shares of the restaurant operator's stock valued at $39,377,000 after acquiring an additional 60,337 shares during the period. MBB Public Markets I LLC bought a new stake in shares of Domino's Pizza in the first quarter valued at about $313,000. United Services Automobile Association bought a new stake in shares of Domino's Pizza in the first quarter valued at about $390,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Domino's Pizza by 2,235.4% in the first quarter. Jones Financial Companies Lllp now owns 23,120 shares of the restaurant operator's stock valued at $10,622,000 after purchasing an additional 22,130 shares in the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Domino's Pizza

In other news, Director James A. Goldman sold 1,000 shares of the stock in a transaction on 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 directly owned 3,384 shares in the company, valued at approximately $1,527,842.16. This represents a 22.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.83% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on DPZ shares. Loop Capital boosted their price target on Domino's Pizza from $564.00 to $574.00 and gave the company a "buy" rating in a report on Tuesday, July 22nd. Redburn Atlantic assumed coverage on Domino's Pizza in a report on Tuesday, June 10th. They issued a "sell" rating and a $340.00 price target on the stock. 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 upped their target price 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, Royal Bank Of Canada lowered Domino's Pizza from an "outperform" rating to a "sector perform" rating and dropped their target price for the stock from $550.00 to $500.00 in a report on Tuesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $490.78.

Domino's Pizza Trading Down 2.1%

NASDAQ DPZ traded down $9.21 during midday trading on Thursday, hitting $429.00. The company had a trading volume of 211,227 shares, compared to its average volume of 636,987. The company has a market capitalization of $14.56 billion, a PE ratio of 24.94, a P/E/G ratio of 2.42 and a beta of 1.09. The firm has a 50-day moving average price of $458.44 and a 200-day moving average price of $462.97. Domino's Pizza Inc has a twelve month low of $397.12 and a twelve month high of $500.55.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its earnings results on Monday, July 21st. The restaurant operator reported $3.81 earnings per share for the quarter, missing analysts' consensus estimates of $3.93 by ($0.12). The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion. Domino's Pizza had a net margin of 12.49% and a negative return on equity of 15.09%. The company's revenue for the quarter 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. On average, equities analysts anticipate that Domino's Pizza Inc will post 16.74 EPS for the current year.

Domino's Pizza Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, September 15th. Domino's Pizza's dividend payout ratio (DPR) is currently 40.42%.

About Domino's Pizza

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.