Domino’s Pizza, Inc. (NYSE:DPZ) Shares Sold by Fairbanks Capital Management Inc.

Fairbanks Capital Management Inc. cut its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 1.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,762 shares of the restaurant operator’s stock after selling 28 shares during the period. Fairbanks Capital Management Inc.’s holdings in Domino’s Pizza were worth $1,372,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Jacobs Levy Equity Management Inc. lifted its position in shares of Domino’s Pizza by 2.7% during the first quarter. Jacobs Levy Equity Management Inc. now owns 206,441 shares of the restaurant operator’s stock worth $102,576,000 after purchasing an additional 5,360 shares during the last quarter. Janus Henderson Group PLC raised its holdings in shares of Domino’s Pizza by 124.5% during the first quarter. Janus Henderson Group PLC now owns 11,184 shares of the restaurant operator’s stock valued at $5,555,000 after buying an additional 6,202 shares during the last quarter. Bayesian Capital Management LP raised its holdings in shares of Domino’s Pizza by 701.3% during the first quarter. Bayesian Capital Management LP now owns 4,800 shares of the restaurant operator’s stock valued at $2,385,000 after buying an additional 4,201 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Domino’s Pizza by 107.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock valued at $221,003,000 after buying an additional 230,090 shares during the last quarter. Finally, BOKF NA raised its holdings in shares of Domino’s Pizza by 1.8% during the first quarter. BOKF NA now owns 6,900 shares of the restaurant operator’s stock valued at $3,408,000 after buying an additional 120 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. TD Securities reiterated a “buy” rating and set a $580.00 price objective on shares of Domino’s Pizza in a research note on Thursday, May 16th. Argus raised their price objective on shares of Domino’s Pizza from $580.00 to $600.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. Stifel Nicolaus raised their price objective on shares of Domino’s Pizza from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. BMO Capital Markets decreased their price target on shares of Domino’s Pizza from $575.00 to $525.00 and set an “outperform” rating on the stock in a research report on Friday, July 19th. Finally, Wells Fargo & Company lifted their price target on shares of Domino’s Pizza from $475.00 to $525.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 30th. One analyst has rated the stock with a sell rating, nine have given a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Moderate Buy” and a consensus price target of $517.39.

Domino’s Pizza Price Performance

Shares of DPZ stock traded up $1.02 on Tuesday, hitting $429.15. The company’s stock had a trading volume of 524,098 shares, compared to its average volume of 594,874. Domino’s Pizza, Inc. has a fifty-two week low of $330.05 and a fifty-two week high of $542.75. The firm’s fifty day moving average price is $493.39 and its 200-day moving average price is $474.79. The stock has a market capitalization of $15.01 billion, a price-to-earnings ratio of 28.01, a P/E/G ratio of 2.19 and a beta of 0.87.

Domino’s Pizza (NYSE:DPZ) last announced its earnings results on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, topping the consensus estimate of $3.68 by $0.35. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the firm posted $3.08 EPS. Analysts predict that Domino’s Pizza, Inc. will post 16.17 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently announced 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. The ex-dividend date is Friday, September 13th. This represents a $6.04 annualized dividend and a yield of 1.41%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 39.43%.

About Domino’s Pizza

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.