Domino's Pizza Inc (NASDAQ:DPZ) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System reduced its stake in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 6.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,694 shares of the restaurant operator's stock after selling 2,151 shares during the period. New York State Teachers Retirement System owned 0.09% of Domino's Pizza worth $14,102,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of DPZ. Alpine Bank Wealth Management purchased a new position in Domino's Pizza during the first quarter worth approximately $25,000. Wood Tarver Financial Group LLC acquired a new stake in shares of Domino's Pizza during the 4th quarter worth $25,000. Brown Brothers Harriman & Co. boosted its holdings in Domino's Pizza by 1,016.7% in the fourth quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator's stock valued at $28,000 after acquiring an additional 61 shares during the last quarter. Covestor Ltd boosted its holdings in Domino's Pizza by 158.1% in the fourth quarter. Covestor Ltd now owns 80 shares of the restaurant operator's stock valued at $34,000 after acquiring an additional 49 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in Domino's Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock valued at $38,000 after acquiring an additional 26 shares during the period. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino's Pizza Trading Up 0.5%

NASDAQ DPZ traded up $2.06 during trading hours on Friday, reaching $456.00. The company's stock had a trading volume of 390,501 shares, compared to its average volume of 641,754. The business has a 50-day simple moving average of $469.77 and a 200 day simple moving average of $457.68. Domino's Pizza Inc has a 52 week low of $396.06 and a 52 week high of $509.09. The stock has a market cap of $15.61 billion, a PE ratio of 26.15, a PEG ratio of 2.57 and a beta of 1.09.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $0.21. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. Domino's Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The business's revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business posted $3.58 EPS. As a group, equities analysts predict that Domino's Pizza Inc will post 16.74 EPS for the current year.

Domino's Pizza Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a dividend of $1.74 per share. This represents a $6.96 annualized dividend and a dividend yield of 1.53%. The ex-dividend date was Friday, June 13th. Domino's Pizza's dividend payout ratio (DPR) is 39.91%.

Analyst Ratings Changes

A number of analysts recently issued reports on DPZ shares. BMO Capital Markets increased their target price on shares of Domino's Pizza from $515.00 to $540.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 29th. TD Securities reiterated a "buy" rating and issued a $490.00 target price on shares of Domino's Pizza in a research note on Monday, April 28th. Citigroup boosted their price target 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 increased their price objective on shares of Domino's Pizza from $500.00 to $550.00 and gave the company an "outperform" rating in a research report on Tuesday, April 29th. Finally, BTIG Research set a $530.00 target price on shares of Domino's Pizza and gave the stock a "buy" rating in a research report on Monday, April 28th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $487.17.

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.