Mitsubishi UFJ Trust & Banking Corp Increases Stock Position in Domino’s Pizza, Inc. (NYSE:DPZ)

Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 6.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 52,464 shares of the restaurant operator’s stock after buying an additional 3,136 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Domino’s Pizza were worth $25,998,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in DPZ. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Domino’s Pizza in the fourth quarter worth $25,000. Creative Financial Designs Inc. ADV lifted its holdings in Domino’s Pizza by 127.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock valued at $34,000 after acquiring an additional 46 shares during the period. Quadrant Capital Group LLC boosted its position in Domino’s Pizza by 41.8% in the fourth quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock worth $46,000 after purchasing an additional 33 shares during the last quarter. GAMMA Investing LLC bought a new stake in shares of Domino’s Pizza during the 4th quarter valued at about $78,000. Finally, Quarry LP grew its stake in shares of Domino’s Pizza by 130.2% during the 4th quarter. Quarry LP now owns 198 shares of the restaurant operator’s stock valued at $82,000 after purchasing an additional 112 shares during the period. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Domino’s Pizza

In related news, CEO Russell J. Weiner sold 11,780 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $526.37, for a total value of $6,200,638.60. Following the completion of the transaction, the chief executive officer now owns 32,001 shares of the company’s stock, valued at approximately $16,844,366.37. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, EVP Cynthia A. Headen sold 745 shares of the stock in a transaction on Monday, April 29th. The shares were sold at an average price of $530.30, for a total value of $395,073.50. Following the sale, the executive vice president now owns 3,910 shares of the company’s stock, valued at $2,073,473. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Russell J. Weiner sold 11,780 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $526.37, for a total value of $6,200,638.60. Following the transaction, the chief executive officer now directly owns 32,001 shares in the company, valued at approximately $16,844,366.37. The disclosure for this sale can be found here. Insiders own 0.76% of the company’s stock.

Domino’s Pizza Stock Down 1.2 %

NYSE DPZ traded down $4.87 during trading on Friday, hitting $404.17. 1,613,474 shares of the stock traded hands, compared to its average volume of 648,811. Domino’s Pizza, Inc. has a 12-month low of $330.05 and a 12-month high of $542.75. The firm has a 50-day simple moving average of $506.02 and a 200-day simple moving average of $473.48. The company has a market capitalization of $14.10 billion, a P/E ratio of 26.38, a price-to-earnings-growth ratio of 1.99 and a beta of 0.87.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, beating analysts’ consensus estimates of $3.68 by $0.35. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the prior year, the company earned $3.08 EPS. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. As a group, research analysts predict that Domino’s Pizza, Inc. will post 16.18 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be paid a $1.51 dividend. The ex-dividend date is Friday, September 13th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.49%. Domino’s Pizza’s payout ratio is currently 39.43%.

Analyst Ratings Changes

A number of research firms recently issued reports on DPZ. Benchmark raised their price objective on shares of Domino’s Pizza from $510.00 to $575.00 and gave the stock a “buy” rating in a report on Tuesday, April 30th. UBS Group lifted their price target on shares of Domino’s Pizza from $526.00 to $570.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Baird R W upgraded Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 8th. Argus raised their target price on Domino’s Pizza from $580.00 to $600.00 and gave the stock a “buy” rating in a report on Tuesday, April 30th. Finally, Stifel Nicolaus boosted their price target on Domino’s Pizza from $500.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, April 11th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and a consensus target price of $524.89.

Domino’s Pizza 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.