4,248 Shares in Domino’s Pizza Inc $DPZ Acquired by Osmosis Investment Management UK Ltd

Osmosis Investment Management UK Ltd acquired a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,248 shares of the restaurant operator’s stock, valued at approximately $1,258,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Berkshire Hathaway Inc raised its holdings in shares of Domino’s Pizza by 12.3% in the fourth quarter. Berkshire Hathaway Inc now owns 3,350,000 shares of the restaurant operator’s stock valued at $1,396,347,000 after acquiring an additional 368,055 shares in the last quarter. Soroban Capital Partners LP bought a new position in Domino’s Pizza during the 1st quarter worth about $895,251,000. BlackRock Inc. bought a new position in Domino’s Pizza during the 2nd quarter worth about $715,704,000. T. Rowe Price Investment Management Inc. increased its position in Domino’s Pizza by 0.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,008,278 shares of the restaurant operator’s stock valued at $837,091,000 after purchasing an additional 7,497 shares during the period. Finally, State Street Corp increased its position in Domino’s Pizza by 3.8% during the 4th quarter. State Street Corp now owns 1,368,924 shares of the restaurant operator’s stock valued at $570,595,000 after purchasing an additional 49,613 shares during the period. 94.63% of the stock is owned by institutional investors.

Insider Transactions at Domino’s Pizza

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 12,430 shares of the business’s stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the sale, the executive vice president owned 9,352 shares in the company, valued at approximately $3,011,718.08. The trade was a 57.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Russell J. Weiner sold 10,850 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer owned 43,829 shares in the company, valued at approximately $14,499,948.07. The trade was a 19.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 24,254 shares of company stock valued at $7,888,924. 0.89% of the stock is currently owned by insiders.

Domino’s Pizza Trading Up 2.1%

NASDAQ DPZ opened at $349.01 on Tuesday. The company has a fifty day simple moving average of $326.27 and a two-hundred day simple moving average of $346.76. The stock has a market cap of $11.55 billion, a P/E ratio of 19.80, a P/E/G ratio of 1.65 and a beta of 0.94. Domino’s Pizza Inc has a 12-month low of $282.00 and a 12-month high of $469.00.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.10). The company had revenue of $1.19 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm earned $3.81 EPS. As a group, sell-side analysts forecast that Domino’s Pizza Inc will post 18.88 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, September 30th. Shareholders 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 dividend on an annualized basis and a yield of 2.3%. Domino’s Pizza’s payout ratio is currently 45.15%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Northcoast Research lowered their price target on shares of Domino’s Pizza from $525.00 to $445.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. Piper Sandler cut their price objective on shares of Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. JPMorgan Chase & Co. reduced their price objective on shares of Domino’s Pizza from $430.00 to $380.00 and set an “overweight” rating for the company in a research note on Tuesday, June 23rd. Stifel Nicolaus set a $400.00 target price on Domino’s Pizza in a report on Monday, April 27th. Finally, Weiss Ratings cut Domino’s Pizza from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. Sixteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $397.42.

Domino’s Pizza Company 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.