Domino’s Pizza, Inc. (NYSE:DPZ) Shares Acquired by Gladius Capital Management LP

Gladius Capital Management LP increased its position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 215.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,910 shares of the restaurant operator’s stock after purchasing an additional 1,305 shares during the quarter. Domino’s Pizza accounts for about 0.1% of Gladius Capital Management LP’s investment portfolio, making the stock its 11th largest holding. Gladius Capital Management LP’s holdings in Domino’s Pizza were worth $986,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Domino’s Pizza by 5.8% during the first quarter. Vanguard Group Inc. now owns 4,098,664 shares of the restaurant operator’s stock worth $2,036,544,000 after purchasing an additional 222,949 shares during the last quarter. Coatue Management LLC bought a new stake in Domino’s Pizza in the fourth quarter valued at $322,859,000. TD Asset Management Inc lifted its stake in Domino’s Pizza by 27.8% in the first quarter. TD Asset Management Inc now owns 635,335 shares of the restaurant operator’s stock valued at $315,685,000 after buying an additional 138,224 shares during the last quarter. Norges Bank bought a new stake in Domino’s Pizza in the fourth quarter valued at $208,604,000. Finally, Price T Rowe Associates Inc. MD lifted its stake in Domino’s Pizza by 107.2% in 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. 94.63% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on DPZ shares. TD Securities reiterated a “buy” rating and issued a $580.00 target price on shares of Domino’s Pizza in a research note on Thursday, May 16th. Wells Fargo & Company raised their target price on Domino’s Pizza from $475.00 to $525.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 30th. Oppenheimer reiterated an “outperform” rating and issued a $580.00 target price on shares of Domino’s Pizza in a research note on Friday, July 12th. BMO Capital Markets lowered their price target on Domino’s Pizza from $575.00 to $525.00 and set an “outperform” rating on the stock in a report on Friday, July 19th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating on the stock in a report on Monday, July 22nd. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and a consensus target price of $517.39.

Domino’s Pizza Stock Performance

DPZ traded down $1.67 during trading on Friday, reaching $442.91. The company had a trading volume of 502,661 shares, compared to its average volume of 593,048. The firm’s 50-day simple moving average is $473.74 and its 200 day simple moving average is $475.44. The company has a market cap of $15.45 billion, a price-to-earnings ratio of 28.91, a PEG ratio of 2.24 and a beta of 0.87. Domino’s Pizza, Inc. has a 12-month low of $330.05 and a 12-month high of $542.75.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings results on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share for the quarter, topping analysts’ consensus estimates of $3.68 by $0.35. The firm 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%. Domino’s Pizza’s revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the business posted $3.08 EPS. On average, sell-side analysts expect that Domino’s Pizza, Inc. will post 16.19 EPS for the current year.

Domino’s Pizza Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $6.04 dividend on an annualized basis and a yield of 1.36%. Domino’s Pizza’s dividend payout ratio is currently 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.