28,540 Shares in Domino’s Pizza Inc $DPZ Acquired by First Nebraska Trust Co

First Nebraska Trust Co acquired a new stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 28,540 shares of the restaurant operator’s stock, valued at approximately $8,551,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CoreCap Advisors LLC lifted its stake in Domino’s Pizza by 17.0% in the 3rd quarter. CoreCap Advisors LLC now owns 262 shares of the restaurant operator’s stock worth $79,000 after purchasing an additional 38 shares in the last quarter. Demars Financial Group LLC grew its position in shares of Domino’s Pizza by 2.8% during the 3rd quarter. Demars Financial Group LLC now owns 1,537 shares of the restaurant operator’s stock valued at $461,000 after purchasing an additional 42 shares in the last quarter. Pinnacle Bancorp Inc. grew its position in shares of Domino’s Pizza by 121.6% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 82 shares of the restaurant operator’s stock valued at $25,000 after purchasing an additional 45 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of Domino’s Pizza by 5.4% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 971 shares of the restaurant operator’s stock valued at $287,000 after purchasing an additional 50 shares in the last quarter. Finally, Mufg Securities Americas Inc. increased its holdings in shares of Domino’s Pizza by 7.2% in the second quarter. Mufg Securities Americas Inc. now owns 922 shares of the restaurant operator’s stock worth $273,000 after purchasing an additional 62 shares during the period. Institutional investors own 94.63% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on DPZ. KeyCorp reiterated a “sector weight” rating on shares of Domino’s Pizza in a research report on Wednesday, October 14th. Citigroup dropped their price objective on Domino’s Pizza from $335.00 to $308.00 and set a “neutral” rating for the company in a research note on Wednesday, October 14th. Mizuho lowered their price target on Domino’s Pizza from $420.00 to $380.00 and set an “outperform” rating on the stock in a report on Wednesday, October 14th. TD Cowen restated a “hold” rating and issued a $320.00 price objective on shares of Domino’s Pizza in a research report on Tuesday, October 13th. Finally, Wells Fargo & Company decreased their price target on shares of Domino’s Pizza from $350.00 to $320.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $380.87.

Domino’s Pizza Stock Performance

Shares of DPZ stock opened at $323.09 on Wednesday. The company has a market capitalization of $10.63 billion, a P/E ratio of 17.80, a PEG ratio of 1.49 and a beta of 0.95. Domino’s Pizza Inc has a fifty-two week low of $282.00 and a fifty-two week high of $442.35. The stock has a 50 day moving average price of $313.48 and a two-hundred day moving average price of $342.50.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Tuesday, October 13th. The restaurant operator reported $4.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.33 by $0.27. Domino’s Pizza had a net margin of 12.03% and a negative return on equity of 15.48%. The firm had revenue of $1.19 billion for the quarter. During the same quarter in the prior year, the business posted $4.08 EPS. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. As a group, equities analysts predict that Domino’s Pizza Inc will post 19.10 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Tuesday, December 15th will be given a dividend of $1.99 per share. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $7.96 annualized dividend and a yield of 2.5%. Domino’s Pizza’s dividend payout ratio is presently 43.86%.

Domino’s Pizza Profile

Domino’s Pizza, Inc is a global restaurant company that operates and franchises Domino’s-branded pizza stores. Its core business focuses on pizza delivery and carryout, supported by digital ordering platforms, delivery technology and a supply chain that provides food and related products to stores.

The company’s menu includes a variety of pizzas, along with items such as chicken, sandwiches, pasta, bread products, desserts and beverages. Domino’s serves customers through a combination of company-owned and franchised locations, with franchisees operating the majority of its stores.

Founded in 1960 when Tom and James Monaghan acquired a small Michigan pizzeria, the business adopted the Domino’s name in 1965 and expanded through franchising.