587 Shares in Domino’s Pizza, Inc. (NYSE:DPZ) Bought by MQS Management LLC

MQS Management LLC bought a new position in Domino’s Pizza, Inc. (NYSE:DPZ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 587 shares of the restaurant operator’s stock, valued at approximately $252,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Bayesian Capital Management LP boosted its position in shares of Domino’s Pizza by 701.3% during the first quarter. Bayesian Capital Management LP now owns 4,800 shares of the restaurant operator’s stock worth $2,385,000 after buying an additional 4,201 shares during the period. Bessemer Group Inc. boosted its position in Domino’s Pizza by 34.9% during the 1st quarter. Bessemer Group Inc. now owns 4,950 shares of the restaurant operator’s stock worth $2,460,000 after acquiring an additional 1,280 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Domino’s Pizza by 107.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock worth $221,003,000 after acquiring an additional 230,090 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Domino’s Pizza by 866.4% in the second quarter. Assenagon Asset Management S.A. now owns 49,846 shares of the restaurant operator’s stock valued at $25,737,000 after purchasing an additional 44,688 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in 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 worth $1,232,000 after purchasing an additional 1,350 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.

Analysts Set New Price Targets

DPZ has been the topic of several recent research reports. Piper Sandler lowered their price target on shares of Domino’s Pizza from $436.00 to $429.00 and set a “neutral” rating on the stock in a research note on Monday, October 7th. Deutsche Bank Aktiengesellschaft lowered their target price on Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating on the stock in a research report on Friday, October 11th. Oppenheimer reissued an “outperform” rating and set a $490.00 price target on shares of Domino’s Pizza in a research report on Friday, October 11th. Stephens lowered their price target on Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating on the stock in a research report on Friday, October 11th. Finally, Benchmark reissued a “buy” rating and issued a $520.00 price objective on shares of Domino’s Pizza in a report on Friday, October 11th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $494.38.

Domino’s Pizza Stock Down 0.8 %

Shares of NYSE:DPZ opened at $435.97 on Friday. Domino’s Pizza, Inc. has a 12-month low of $367.24 and a 12-month high of $542.75. The company’s 50 day moving average price is $423.17 and its two-hundred day moving average price is $459.20. The firm has a market cap of $15.05 billion, a PE ratio of 26.78, a PEG ratio of 2.37 and a beta of 0.86.

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

Domino’s Pizza Dividend Announcement

The business also recently declared 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. This represents a $6.04 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date of this dividend is Friday, December 13th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 37.10%.

Insider Buying and Selling

In other news, Director Andrew Balson sold 6,970 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the director now directly owns 15,390 shares in the company, valued at approximately $6,591,075.30. The trade was a 31.17 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.76% of the stock is currently owned by company 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.