Pathstone Holdings LLC Has $2.28 Million Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

Pathstone Holdings LLC decreased its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 1.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,301 shares of the restaurant operator’s stock after selling 60 shares during the quarter. Pathstone Holdings LLC’s holdings in Domino’s Pizza were worth $2,281,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of DPZ. Central Pacific Bank Trust Division bought a new stake in Domino’s Pizza in the third quarter valued at $30,000. Blue Trust Inc. grew its stake in shares of Domino’s Pizza by 162.5% in the 2nd quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock valued at $31,000 after buying an additional 39 shares during the period. Versant Capital Management Inc increased its position in Domino’s Pizza by 654.5% in the 2nd quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock valued at $43,000 after buying an additional 72 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in Domino’s Pizza during the 3rd quarter worth approximately $43,000. Finally, Crewe Advisors LLC boosted its holdings in Domino’s Pizza by 46.6% in the second quarter. Crewe Advisors LLC now owns 107 shares of the restaurant operator’s stock worth $55,000 after acquiring an additional 34 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

DPZ stock opened at $472.86 on Wednesday. The stock has a fifty day moving average of $428.20 and a 200-day moving average of $454.75. Domino’s Pizza, Inc. has a fifty-two week low of $370.17 and a fifty-two week high of $542.75. The company has a market capitalization of $16.33 billion, a price-to-earnings ratio of 29.05, a PEG ratio of 2.44 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last issued its earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same quarter last year, the business earned $4.18 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. Equities analysts predict that Domino’s Pizza, Inc. will post 16.86 EPS for the current year.

Domino’s Pizza Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $6.04 dividend on an annualized basis and a yield of 1.28%. Domino’s Pizza’s dividend payout ratio is 37.10%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DPZ. BTIG Research decreased their price objective on Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating for the company in a report on Friday, October 11th. Stephens lowered their price objective on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating on the stock in a report on Friday, October 11th. TD Cowen lifted their price objective on shares of Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a report on Monday. Barclays lowered their target price on shares of Domino’s Pizza from $380.00 to $370.00 and set an “underweight” rating on the stock in a report on Friday, October 11th. Finally, Oppenheimer reiterated an “outperform” rating and set a $490.00 price target on shares of Domino’s Pizza in a research note on Friday, October 11th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and a consensus target price of $495.76.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, EVP Kevin Scott Morris sold 2,646 shares of Domino’s Pizza stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the completion of the transaction, the executive vice president now owns 1,966 shares of the company’s stock, valued at $902,394. The trade was a 57.37 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Andrew Balson sold 6,970 shares of the company’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $428.27, for a total value of $2,985,041.90. Following the sale, the director now owns 15,390 shares in the company, valued at approximately $6,591,075.30. This represents a 31.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.81% of the company’s stock.

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.