9,238 Shares in Domino’s Pizza Inc $DPZ Purchased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,238 shares of the restaurant operator’s stock, valued at approximately $2,735,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Andina Capital Management LLC boosted its holdings in shares of Domino’s Pizza by 3.1% in the 4th quarter. Andina Capital Management LLC now owns 1,097 shares of the restaurant operator’s stock worth $457,000 after purchasing an additional 33 shares during the period. Diversify Advisory Services LLC raised its holdings in Domino’s Pizza by 5.1% during the 3rd quarter. Diversify Advisory Services LLC now owns 682 shares of the restaurant operator’s stock valued at $275,000 after buying an additional 33 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its position in Domino’s Pizza by 97.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after buying an additional 34 shares during the last quarter. Unified Investment Management lifted its position in Domino’s Pizza by 5.5% in the fourth quarter. Unified Investment Management now owns 745 shares of the restaurant operator’s stock worth $311,000 after buying an additional 39 shares during the last quarter. Finally, Principal Securities Inc. boosted its stake in Domino’s Pizza by 4.2% during the fourth quarter. Principal Securities Inc. now owns 1,078 shares of the restaurant operator’s stock worth $449,000 after buying an additional 43 shares during the period. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on DPZ. Morgan Stanley cut their price objective on shares of Domino’s Pizza from $395.00 to $370.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 15th. TD Cowen raised their target price on shares of Domino’s Pizza from $295.00 to $310.00 and gave the stock a “hold” rating in a report on Monday, July 20th. UBS Group lifted their price target on shares of Domino’s Pizza from $375.00 to $385.00 and gave the stock a “buy” rating in a research note on Wednesday. Sanford C. Bernstein reiterated a “market perform” rating on shares of Domino’s Pizza in a report on Tuesday, July 21st. Finally, Oppenheimer reduced their price objective on shares of Domino’s Pizza from $465.00 to $415.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 21st. Sixteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $397.74.

Domino’s Pizza Trading Down 1.7%

NASDAQ:DPZ opened at $341.08 on Friday. Domino’s Pizza Inc has a twelve month low of $282.00 and a twelve month high of $467.22. The company has a market cap of $11.28 billion, a price-to-earnings ratio of 19.35, a price-to-earnings-growth ratio of 1.57 and a beta of 0.94. The stock has a fifty day simple moving average of $333.96 and a 200-day simple moving average of $344.20.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The company had revenue of $1.19 billion during the quarter. Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The company’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.81 EPS. As a group, equities research analysts predict that Domino’s Pizza Inc will post 18.89 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio is currently 45.15%.

Insider Buying and Selling

In other news, EVP Kelly Garcia sold 12,430 shares of Domino’s Pizza stock in a transaction that occurred on Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the completion of the sale, the executive vice president owned 9,352 shares of the company’s stock, valued at approximately $3,011,718.08. The trade was a 57.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Russell Weiner sold 10,850 shares of the business’s stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of $330.83, for a total value of $3,589,505.50. Following the completion of the sale, the chief executive officer owned 43,829 shares of the company’s stock, valued at $14,499,948.07. The trade was a 19.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 24,254 shares of company stock worth $7,888,924. Corporate insiders own 0.89% of the company’s stock.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.