Los Angeles Capital Management LLC Sells 65,023 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Los Angeles Capital Management LLC lowered its position in Domino’s Pizza, Inc. (NYSE:DPZGet Rating) by 49.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 65,519 shares of the restaurant operator’s stock after selling 65,023 shares during the period. Los Angeles Capital Management LLC’s holdings in Domino’s Pizza were worth $26,667,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Vigilant Capital Management LLC bought a new position in Domino’s Pizza in the 1st quarter worth $47,000. Sageworth Trust Co of South Dakota bought a new position in shares of Domino’s Pizza during the 4th quarter valued at about $71,000. Valley National Advisers Inc. bought a new position in shares of Domino’s Pizza during the 1st quarter valued at about $51,000. UMB Bank N A MO bought a new position in shares of Domino’s Pizza during the 4th quarter valued at about $80,000. Finally, Bank of New Hampshire bought a new position in shares of Domino’s Pizza during the 1st quarter valued at about $65,000. Institutional investors own 92.84% of the company’s stock.

Insider Activity at Domino’s Pizza

In other Domino’s Pizza news, Director Andrew Balson sold 4,000 shares of the firm’s stock in a transaction dated Monday, July 25th. The stock was sold at an average price of $387.24, for a total value of $1,548,960.00. Following the completion of the sale, the director now owns 6,870 shares of the company’s stock, valued at $2,660,338.80. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Domino’s Pizza news, Director Andrew Balson sold 4,000 shares of the business’s stock in a transaction dated Monday, July 25th. The stock was sold at an average price of $387.24, for a total transaction of $1,548,960.00. Following the sale, the director now owns 6,870 shares in the company, valued at approximately $2,660,338.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Cynthia A. Headen sold 65 shares of the business’s stock in a transaction that occurred on Tuesday, July 12th. The shares were sold at an average price of $396.75, for a total value of $25,788.75. Following the completion of the transaction, the executive vice president now directly owns 3,270 shares of the company’s stock, valued at $1,297,372.50. The disclosure for this sale can be found here. Insiders have sold 4,168 shares of company stock valued at $1,616,903 in the last ninety days. Corporate insiders own 1.12% of the company’s stock.

Wall Street Analyst Weigh In

DPZ has been the subject of several research reports. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Domino’s Pizza from $383.00 to $421.00 in a report on Friday, July 22nd. Liberum Capital downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Thursday, May 5th. Robert W. Baird set a $435.00 price objective on shares of Domino’s Pizza in a research report on Tuesday, July 19th. TheStreet lowered shares of Domino’s Pizza from a “b-” rating to a “c+” rating in a research report on Friday, May 6th. Finally, MKM Partners reduced their price objective on shares of Domino’s Pizza from $490.00 to $440.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 20th. Eighteen research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $441.04.

Domino’s Pizza Stock Down 0.9 %

Shares of DPZ stock opened at $387.93 on Friday. The firm has a market cap of $13.92 billion, a price-to-earnings ratio of 30.28, a PEG ratio of 2.82 and a beta of 0.60. The company’s 50 day moving average is $390.01 and its 200 day moving average is $394.11. Domino’s Pizza, Inc. has a 52-week low of $321.15 and a 52-week high of $567.57.

Domino’s Pizza (NYSE:DPZGet Rating) last issued its quarterly earnings data on Thursday, July 21st. The restaurant operator reported $2.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.88 by ($0.06). Domino’s Pizza had a net margin of 10.63% and a negative return on equity of 11.24%. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same period in the previous year, the business earned $3.12 earnings per share. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. Analysts anticipate that Domino’s Pizza, Inc. will post 12.57 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $4.40 annualized dividend and a yield of 1.13%. Domino’s Pizza’s dividend payout ratio (DPR) is 34.35%.

Domino’s Pizza Company Profile

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Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Institutional Ownership by Quarter for Domino's Pizza (NYSE:DPZ)

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