Moloney Securities Asset Management LLC Acquires 31 Shares of Domino’s Pizza Inc $DPZ

Moloney Securities Asset Management LLC boosted its holdings in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 1.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,188 shares of the restaurant operator’s stock after buying an additional 31 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Domino’s Pizza were worth $1,436,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of DPZ. Principal Financial Group Inc. increased its holdings in shares of Domino’s Pizza by 3.1% in the 1st quarter. Principal Financial Group Inc. now owns 1,740,987 shares of the restaurant operator’s stock valued at $799,897,000 after acquiring an additional 53,124 shares during the period. Invesco Ltd. grew its stake in Domino’s Pizza by 32.9% in the first quarter. Invesco Ltd. now owns 809,658 shares of the restaurant operator’s stock valued at $371,997,000 after purchasing an additional 200,622 shares during the last quarter. Northern Trust Corp raised its holdings in Domino’s Pizza by 13.9% in the first quarter. Northern Trust Corp now owns 450,302 shares of the restaurant operator’s stock worth $206,891,000 after purchasing an additional 54,909 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Domino’s Pizza by 9.0% during the first quarter. Envestnet Asset Management Inc. now owns 402,412 shares of the restaurant operator’s stock valued at $184,888,000 after buying an additional 33,105 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in shares of Domino’s Pizza by 12.8% in the 1st quarter. Wellington Management Group LLP now owns 350,086 shares of the restaurant operator’s stock valued at $160,847,000 after buying an additional 39,745 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

Domino’s Pizza stock opened at $414.86 on Friday. The business’s 50-day simple moving average is $436.64 and its two-hundred day simple moving average is $456.50. The company has a market cap of $14.02 billion, a PE ratio of 24.25, a PEG ratio of 2.23 and a beta of 1.12. Domino’s Pizza Inc has a fifty-two week low of $397.12 and a fifty-two week high of $500.55.

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

Domino’s Pizza Dividend Announcement

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

Insider Transactions at Domino’s Pizza

In other Domino’s Pizza news, Director James A. Goldman sold 1,000 shares of the company’s stock in a transaction 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 sale, the director directly owned 3,384 shares of the company’s stock, valued at approximately $1,527,842.16. This represents a 22.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.83% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

DPZ has been the subject of several recent analyst reports. Barclays reduced their price objective on shares of Domino’s Pizza from $425.00 to $405.00 and set an “underweight” rating for the company in a research note on Wednesday, October 8th. Citigroup decreased their price objective on Domino’s Pizza from $500.00 to $480.00 and set a “neutral” rating for the company in a report on Tuesday, September 30th. Weiss Ratings downgraded Domino’s Pizza from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Guggenheim upped their target price on Domino’s Pizza from $485.00 to $490.00 and gave the company a “neutral” rating in a research report on Wednesday, August 27th. Finally, Morgan Stanley raised their price target on Domino’s Pizza from $520.00 to $535.00 and gave the stock an “overweight” rating in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $489.92.

Domino’s Pizza Company 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.