Domino's Pizza Inc (NASDAQ:DPZ) Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 13.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 62,568 shares of the restaurant operator's stock after buying an additional 7,364 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.18% of Domino's Pizza worth $28,747,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Berkshire Hathaway Inc raised its position in Domino's Pizza by 86.5% in the fourth quarter. Berkshire Hathaway Inc now owns 2,382,000 shares of the restaurant operator's stock valued at $999,868,000 after purchasing an additional 1,104,744 shares during the period. GAMMA Investing LLC increased its position in shares of Domino's Pizza by 53,740.4% during the first quarter. GAMMA Investing LLC now owns 260,049 shares of the restaurant operator's stock worth $119,480,000 after acquiring an additional 259,566 shares during the period. Charles Schwab Investment Management Inc. purchased a new stake in shares of Domino's Pizza during the first quarter worth $110,348,000. Bristol Gate Capital Partners Inc. purchased a new stake in shares of Domino's Pizza during the first quarter worth $92,085,000. Finally, Freestone Grove Partners LP purchased a new stake in shares of Domino's Pizza during the fourth quarter worth $56,647,000. Hedge funds and other institutional investors own 94.63% of the company's stock.

Domino's Pizza Trading Down 0.2%

Shares of DPZ stock traded down $0.76 during trading hours on Friday, hitting $449.83. The company's stock had a trading volume of 91,369 shares, compared to its average volume of 641,831. The business has a fifty day moving average of $458.95 and a 200-day moving average of $465.02. The stock has a market cap of $15.27 billion, a price-to-earnings ratio of 26.16, a P/E/G ratio of 2.47 and a beta of 1.09. Domino's Pizza Inc has a twelve month low of $396.06 and a twelve month high of $500.55.

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

Domino's Pizza Announces Dividend

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

Analysts Set New Price Targets

A number of research firms have recently weighed in on DPZ. Citigroup upped their price objective on Domino's Pizza from $480.00 to $500.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 29th. Royal Bank Of Canada lowered Domino's Pizza from an "outperform" rating to a "sector perform" rating and cut their price objective for the stock from $550.00 to $500.00 in a research report on Tuesday, July 29th. Loop Capital upped their price objective on Domino's Pizza from $564.00 to $574.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. Morgan Stanley upped their price objective on Domino's Pizza from $510.00 to $514.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Finally, Argus reaffirmed a "hold" rating and set a $490.00 price objective on shares of Domino's Pizza in a research report on Tuesday, April 29th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $489.67.

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.