Toronto Dominion Bank Raises Position in Domino’s Pizza, Inc. (NYSE:DPZ)

Toronto Dominion Bank boosted its stake in Domino’s Pizza, Inc. (NYSE:DPZGet Rating) by 5.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,206 shares of the restaurant operator’s stock after buying an additional 900 shares during the period. Toronto Dominion Bank’s holdings in Domino’s Pizza were worth $6,704,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mutual of America Capital Management LLC lifted its holdings in Domino’s Pizza by 1.0% in the first quarter. Mutual of America Capital Management LLC now owns 4,860 shares of the restaurant operator’s stock worth $1,978,000 after buying an additional 50 shares during the period. Hartford Investment Management Co. lifted its holdings in Domino’s Pizza by 0.9% in the second quarter. Hartford Investment Management Co. now owns 3,466 shares of the restaurant operator’s stock worth $1,351,000 after buying an additional 32 shares during the period. Brinker Capital Investments LLC lifted its holdings in Domino’s Pizza by 15.6% in the second quarter. Brinker Capital Investments LLC now owns 6,765 shares of the restaurant operator’s stock worth $2,636,000 after buying an additional 915 shares during the period. Veriti Management LLC lifted its holdings in Domino’s Pizza by 46.4% in the second quarter. Veriti Management LLC now owns 1,895 shares of the restaurant operator’s stock worth $739,000 after buying an additional 601 shares during the period. Finally, First Horizon Advisors Inc. lifted its holdings in Domino’s Pizza by 209.7% in the second quarter. First Horizon Advisors Inc. now owns 96 shares of the restaurant operator’s stock worth $36,000 after buying an additional 65 shares during the period. 96.44% of the stock is currently owned by hedge funds and other institutional investors.

Domino’s Pizza Price Performance

Shares of Domino’s Pizza stock opened at $391.74 on Thursday. The company’s fifty day simple moving average is $336.31 and its 200-day simple moving average is $365.14. The stock has a market capitalization of $13.87 billion, a PE ratio of 31.69, a P/E/G ratio of 2.50 and a beta of 0.69. Domino’s Pizza, Inc. has a 1-year low of $299.41 and a 1-year high of $567.57.

Domino’s Pizza (NYSE:DPZGet Rating) last issued its quarterly earnings results on Thursday, October 13th. The restaurant operator reported $2.79 earnings per share for the quarter, missing the consensus estimate of $2.98 by ($0.19). The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Domino’s Pizza had a negative return on equity of 10.64% and a net margin of 10.02%. The company’s revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.24 EPS. As a group, research analysts anticipate that Domino’s Pizza, Inc. will post 12.02 EPS for the current year.

Domino’s Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Stockholders of record on Thursday, December 15th will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Wednesday, December 14th. Domino’s Pizza’s dividend payout ratio is presently 35.60%.

Insider Transactions at Domino’s Pizza

In other news, Director James A. Goldman sold 399 shares of Domino’s Pizza stock in a transaction on Tuesday, October 25th. The shares were sold at an average price of $330.00, for a total transaction of $131,670.00. Following the transaction, the director now owns 6,123 shares in the company, valued at approximately $2,020,590. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.12% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Northcoast Research raised shares of Domino’s Pizza from a “neutral” rating to a “buy” rating and set a $460.00 target price for the company in a research note on Friday, November 18th. The Goldman Sachs Group decreased their target price on shares of Domino’s Pizza from $432.00 to $373.00 and set a “neutral” rating for the company in a research note on Friday, October 14th. Barclays decreased their target price on shares of Domino’s Pizza from $350.00 to $315.00 and set an “underweight” rating for the company in a research note on Friday, October 7th. BMO Capital Markets decreased their target price on shares of Domino’s Pizza from $430.00 to $400.00 and set an “outperform” rating for the company in a research note on Friday, October 14th. Finally, Guggenheim decreased their target price on shares of Domino’s Pizza from $400.00 to $350.00 and set a “neutral” rating for the company in a research note on Friday, October 7th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $408.38.

Domino’s Pizza 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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