UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Holdings in Domino’s Pizza Inc $DPZ

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 5.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 163,862 shares of the restaurant operator’s stock after buying an additional 9,062 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Domino’s Pizza were worth $48,510,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. SHP Wealth Management purchased a new position in shares of Domino’s Pizza during the 4th quarter worth approximately $25,000. Rakuten Securities Inc. purchased a new position in shares of Domino’s Pizza in the 2nd quarter valued at approximately $28,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Domino’s Pizza by 97.1% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 34 shares in the last quarter. Investors Research Corp boosted its position in shares of Domino’s Pizza by 9,900.0% during the second quarter. Investors Research Corp now owns 100 shares of the restaurant operator’s stock valued at $30,000 after purchasing an additional 99 shares in the last quarter. Finally, MBM Wealth Consultants LLC purchased a new stake in Domino’s Pizza in the first quarter worth $31,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino’s Pizza Price Performance

Shares of Domino’s Pizza stock opened at $346.68 on Thursday. Domino’s Pizza Inc has a 1 year low of $282.00 and a 1 year high of $468.87. The firm’s 50-day moving average is $331.87 and its 200 day moving average is $344.42. The stock has a market cap of $11.47 billion, a price-to-earnings ratio of 19.66, a PEG ratio of 1.57 and a beta of 0.94.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 earnings per share for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The firm had revenue of $1.19 billion for the quarter. Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company posted $3.81 EPS. On average, equities analysts expect that Domino’s Pizza Inc will post 18.89 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $1.99 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $7.96 annualized dividend and a dividend yield of 2.3%. Domino’s Pizza’s dividend payout ratio (DPR) is 45.15%.

Insider Buying and Selling

In related news, EVP Kelly E. Garcia sold 12,430 shares of the business’s stock in a transaction that occurred on Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total value of $4,002,957.20. Following the completion of the transaction, the executive vice president directly owned 9,352 shares in the company, valued at $3,011,718.08. The trade was a 57.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Russell J. Weiner sold 10,850 shares of the company’s stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of $330.83, for a total value of $3,589,505.50. Following the completion of the transaction, the chief executive officer directly owned 43,829 shares in the company, valued at $14,499,948.07. This trade represents a 19.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 24,254 shares of company stock valued at $7,888,924. 0.89% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. BTIG Research reissued a “buy” rating and set a $425.00 price objective on shares of Domino’s Pizza in a research report on Tuesday, July 21st. KeyCorp reiterated a “sector weight” rating on shares of Domino’s Pizza in a research note on Tuesday, July 21st. Royal Bank Of Canada lifted their price target on shares of Domino’s Pizza from $325.00 to $350.00 and gave the company a “sector perform” rating in a research report on Tuesday, July 21st. BMO Capital Markets dropped their price objective on shares of Domino’s Pizza from $450.00 to $420.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 21st. Finally, Citigroup cut their price objective on shares of Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating on the stock in a report on Tuesday, July 7th. Sixteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Hold” and a consensus price target of $397.74.

Domino’s Pizza Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.