Domino’s Pizza, Inc. (NYSE:DPZ) Shares Sold by Quantinno Capital Management LP

Quantinno Capital Management LP lessened its holdings in Domino’s Pizza, Inc. (NYSE:DPZ) by 51.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,076 shares of the restaurant operator’s stock after selling 1,142 shares during the quarter. Quantinno Capital Management LP’s holdings in Domino’s Pizza were worth $463,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in DPZ. Berkshire Hathaway Inc acquired a new position in shares of Domino’s Pizza in the 3rd quarter valued at about $549,399,000. Charles Schwab Investment Management Inc. lifted its holdings in Domino’s Pizza by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator’s stock worth $98,545,000 after acquiring an additional 2,201 shares during the last quarter. Commerce Bank boosted its stake in Domino’s Pizza by 17.7% in the third quarter. Commerce Bank now owns 9,354 shares of the restaurant operator’s stock valued at $4,024,000 after acquiring an additional 1,404 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Domino’s Pizza by 130.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,387 shares of the restaurant operator’s stock valued at $1,232,000 after purchasing an additional 1,350 shares during the last quarter. Finally, Benjamin Edwards Inc. acquired a new stake in shares of Domino’s Pizza during the 3rd quarter worth approximately $1,154,000. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Down 2.2 %

Shares of NYSE DPZ opened at $453.17 on Friday. The stock’s fifty day simple moving average is $439.97 and its 200 day simple moving average is $450.58. The stock has a market capitalization of $15.65 billion, a price-to-earnings ratio of 27.84, a PEG ratio of 2.47 and a beta of 0.88. Domino’s Pizza, Inc. has a 52-week low of $395.08 and a 52-week high of $542.75.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly 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 negative return on equity of 14.35% and a net margin of 12.26%. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter last year, the business posted $4.18 EPS. Domino’s Pizza’s revenue was up 5.1% on a year-over-year basis. As a group, analysts anticipate that Domino’s Pizza, Inc. will post 16.82 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a dividend of $1.51 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.33%. Domino’s Pizza’s dividend payout ratio is currently 37.10%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Jefferies Financial Group reduced their price objective on Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating for the company in a research report on Friday, October 11th. Benchmark reissued a “buy” rating and set a $520.00 price target on shares of Domino’s Pizza in a report on Friday, October 11th. BMO Capital Markets dropped their price objective on shares of Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 11th. Bank of America cut their price objective on shares of Domino’s Pizza from $582.00 to $557.00 and set a “buy” rating on the stock in a research report on Friday, October 11th. Finally, Oppenheimer restated an “outperform” rating and issued a $490.00 target price on shares of Domino’s Pizza in a research report on Friday, October 11th. One analyst has rated the stock with a sell rating, eight have given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $495.76.

Insider Activity at Domino’s Pizza

In related news, EVP Kevin Scott Morris sold 2,646 shares of the company’s stock in a transaction on 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 transaction, the executive vice president now directly owns 1,966 shares of the company’s stock, valued at approximately $902,394. The trade was a 57.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrew Balson sold 6,970 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $428.27, for a total value of $2,985,041.90. Following the completion of the sale, the director now directly owns 15,390 shares of the company’s stock, 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. 0.76% of the stock is owned by insiders.

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.