O Shaughnessy Asset Management LLC Acquires 2,632 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

O Shaughnessy Asset Management LLC grew its holdings in Domino’s Pizza, Inc. (NYSE:DPZ) by 29.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,627 shares of the restaurant operator’s stock after acquiring an additional 2,632 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Domino’s Pizza were worth $5,777,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Cynosure Group LLC bought a new stake in shares of Domino’s Pizza in the first quarter valued at approximately $365,000. Acadian Asset Management LLC raised its stake in shares of Domino’s Pizza by 14,570.1% in the first quarter. Acadian Asset Management LLC now owns 52,079 shares of the restaurant operator’s stock valued at $25,870,000 after purchasing an additional 51,724 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Domino’s Pizza by 5.8% in the first quarter. Vanguard Group Inc. now owns 4,098,664 shares of the restaurant operator’s stock valued at $2,036,544,000 after purchasing an additional 222,949 shares in the last quarter. Intech Investment Management LLC raised its stake in shares of Domino’s Pizza by 43.6% in the first quarter. Intech Investment Management LLC now owns 19,323 shares of the restaurant operator’s stock valued at $9,601,000 after purchasing an additional 5,868 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Domino’s Pizza by 6.4% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 52,464 shares of the restaurant operator’s stock valued at $25,998,000 after purchasing an additional 3,136 shares in the last quarter. 94.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on DPZ shares. Benchmark cut their target price on Domino’s Pizza from $575.00 to $520.00 and set a “buy” rating for the company in a research note on Monday. Wedbush restated an “outperform” rating and issued a $575.00 target price on shares of Domino’s Pizza in a research note on Monday, July 15th. BMO Capital Markets cut their target price on Domino’s Pizza from $575.00 to $525.00 and set an “outperform” rating for the company in a research note on Friday. BTIG Research upped their target price on Domino’s Pizza from $515.00 to $580.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. Finally, Argus upped their target price on Domino’s Pizza from $580.00 to $600.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $520.07.

Insider Activity at Domino’s Pizza

In related news, CEO Russell J. Weiner sold 11,780 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was 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 owns 32,001 shares in the company, valued at $16,844,366.37. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, EVP Cynthia A. Headen sold 745 shares of the business’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $530.30, for a total transaction of $395,073.50. Following the completion of the transaction, the executive vice president now directly owns 3,910 shares in the company, valued at approximately $2,073,473. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Russell J. Weiner sold 11,780 shares of the business’s stock in a transaction dated Monday, April 29th. The stock was 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 owns 32,001 shares of the company’s stock, valued at $16,844,366.37. The disclosure for this sale can be found here. 0.76% of the stock is owned by company insiders.

Domino’s Pizza Price Performance

Shares of NYSE:DPZ traded up $7.39 during midday trading on Tuesday, reaching $422.94. The company’s stock had a trading volume of 1,535,941 shares, compared to its average volume of 586,380. The business’s fifty day simple moving average is $504.13 and its 200-day simple moving average is $474.10. The company has a market capitalization of $14.79 billion, a P/E ratio of 27.12, a P/E/G ratio of 1.97 and a beta of 0.87. Domino’s Pizza, Inc. has a fifty-two week low of $330.05 and a fifty-two week high of $542.75.

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

Domino’s Pizza Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be issued a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Friday, September 13th. Domino’s Pizza’s dividend payout ratio is 39.43%.

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.