Domino’s Pizza Inc $DPZ Shares Sold by Trillium Asset Management LLC

Trillium Asset Management LLC lessened its position in Domino’s Pizza Inc (NASDAQ:DPZ) by 4.6% in the 2nd quarter, Holdings Channel reports. The fund owned 17,248 shares of the restaurant operator’s stock after selling 823 shares during the period. Trillium Asset Management LLC’s holdings in Domino’s Pizza were worth $7,772,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. HighPoint Advisor Group LLC lifted its stake in shares of Domino’s Pizza by 3.2% in the 1st quarter. HighPoint Advisor Group LLC now owns 672 shares of the restaurant operator’s stock worth $332,000 after acquiring an additional 21 shares during the period. AGP Franklin LLC lifted its stake in shares of Domino’s Pizza by 0.4% in the first quarter. AGP Franklin LLC now owns 5,128 shares of the restaurant operator’s stock valued at $2,403,000 after purchasing an additional 21 shares during the period. Nissay Asset Management Corp Japan ADV lifted its stake in shares of Domino’s Pizza by 0.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 4,162 shares of the restaurant operator’s stock valued at $1,912,000 after purchasing an additional 21 shares during the period. Compound Planning Inc. lifted its position in shares of Domino’s Pizza by 4.1% during the 1st quarter. Compound Planning Inc. now owns 562 shares of the restaurant operator’s stock valued at $258,000 after acquiring an additional 22 shares during the period. Finally, Allworth Financial LP lifted its position in shares of Domino’s Pizza by 16.0% during the 1st quarter. Allworth Financial LP now owns 174 shares of the restaurant operator’s stock valued at $85,000 after acquiring an additional 24 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Barclays reduced their price target on shares of Domino’s Pizza from $425.00 to $405.00 and set an “underweight” rating for the company in a research report on Wednesday, October 8th. Wells Fargo & Company reduced their price target on shares of Domino’s Pizza from $490.00 to $450.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 8th. Bank of America lifted their price target on shares of Domino’s Pizza from $514.00 to $536.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Royal Bank Of Canada reduced their price target on shares of Domino’s Pizza from $500.00 to $450.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 15th. Finally, Benchmark lifted their price target on shares of Domino’s Pizza from $535.00 to $540.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $490.32.

Domino’s Pizza Trading Up 0.8%

Shares of DPZ opened at $406.88 on Wednesday. The stock has a market cap of $13.75 billion, a P/E ratio of 23.78, a PEG ratio of 2.15 and a beta of 1.12. The company has a 50-day moving average of $430.53 and a two-hundred day moving average of $453.77. Domino’s Pizza Inc has a 12-month low of $392.89 and a 12-month high of $500.55.

Domino’s Pizza (NASDAQ:DPZ) last announced its earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.96 by $0.12. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Domino’s Pizza had a net margin of 12.16% and a negative return on equity of 14.91%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.19 earnings per share. As a group, analysts forecast that Domino’s Pizza Inc will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 15th will be given a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, December 15th. Domino’s Pizza’s payout ratio is currently 40.68%.

Insider Buying and Selling at Domino’s Pizza

In other news, Director James A. Goldman sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $451.49, for a total value of $451,490.00. Following the completion of the transaction, the director owned 3,384 shares of the company’s stock, valued at $1,527,842.16. The trade was a 22.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.83% of the stock is currently owned by corporate insiders.

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.