Rhumbline Advisers Buys 4,510 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Rhumbline Advisers grew its holdings in Domino’s Pizza, Inc. (NYSE:DPZGet Rating) by 6.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 73,084 shares of the restaurant operator’s stock after acquiring an additional 4,510 shares during the period. Rhumbline Advisers’ holdings in Domino’s Pizza were worth $28,482,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mutual of America Capital Management LLC raised its position in Domino’s Pizza by 1.0% in the first quarter. Mutual of America Capital Management LLC now owns 4,860 shares of the restaurant operator’s stock worth $1,978,000 after acquiring an additional 50 shares during the period. Hartford Investment Management Co. grew its stake in shares of Domino’s Pizza by 0.9% in the 2nd quarter. Hartford Investment Management Co. now owns 3,466 shares of the restaurant operator’s stock worth $1,351,000 after buying an additional 32 shares in the last quarter. Brinker Capital Investments LLC grew its stake in shares of Domino’s Pizza by 15.6% in the 2nd quarter. Brinker Capital Investments LLC now owns 6,765 shares of the restaurant operator’s stock worth $2,636,000 after buying an additional 915 shares in the last quarter. Veriti Management LLC grew its stake in shares of Domino’s Pizza by 46.4% in the 2nd quarter. Veriti Management LLC now owns 1,895 shares of the restaurant operator’s stock worth $739,000 after buying an additional 601 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its stake in shares of Domino’s Pizza by 209.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 96 shares of the restaurant operator’s stock worth $36,000 after buying an additional 65 shares in the last quarter. 96.44% of the stock is currently owned by institutional investors.

Domino’s Pizza Stock Performance

NYSE:DPZ opened at $391.74 on Thursday. The company has a fifty day moving average of $336.31 and a two-hundred day moving average of $365.14. The stock has a market capitalization of $13.87 billion, a PE ratio of 31.69, a P/E/G ratio of 2.49 and a beta of 0.69. Domino’s Pizza, Inc. has a fifty-two week low of $299.41 and a fifty-two week high of $567.57.

Domino’s Pizza (NYSE:DPZGet Rating) last posted its quarterly earnings data on Thursday, October 13th. The restaurant operator reported $2.79 earnings per share for the quarter, missing analysts’ consensus estimates of $2.98 by ($0.19). The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. Domino’s Pizza had a negative return on equity of 10.64% and a net margin of 10.02%. The business’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.24 earnings per share. Research analysts forecast that Domino’s Pizza, Inc. will post 12.02 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Thursday, December 15th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Wednesday, December 14th. Domino’s Pizza’s dividend payout ratio is presently 35.60%.

Insider Transactions at Domino’s Pizza

In other news, Director James A. Goldman sold 399 shares of the company’s stock in a transaction on Tuesday, October 25th. The shares were sold at an average price of $330.00, for a total transaction of $131,670.00. Following the completion of the sale, the director now owns 6,123 shares of the company’s stock, valued at $2,020,590. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.12% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Sanford C. Bernstein assumed coverage on shares of Domino’s Pizza in a report on Wednesday, September 7th. They issued an “underperform” rating and a $334.00 target price for the company. Credit Suisse Group lowered their target price on shares of Domino’s Pizza from $425.00 to $375.00 and set a “neutral” rating for the company in a report on Monday, October 10th. Guggenheim lowered their target price on shares of Domino’s Pizza from $400.00 to $350.00 and set a “neutral” rating for the company in a report on Friday, October 7th. Cowen decreased their price objective on shares of Domino’s Pizza from $410.00 to $362.00 and set a “market perform” rating for the company in a report on Tuesday, September 27th. Finally, Citigroup decreased their price objective on shares of Domino’s Pizza from $415.00 to $407.00 and set a “buy” rating for the company in a report on Friday, October 14th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Domino’s Pizza has an average rating of “Hold” and a consensus target price of $408.38.

Domino’s Pizza Profile

(Get Rating)

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Institutional Ownership by Quarter for Domino's Pizza (NYSE:DPZ)

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