Domino’s Pizza Inc $DPZ Shares Sold by Integrity Alliance LLC.

Integrity Alliance LLC. lowered its holdings in Domino’s Pizza Inc (NASDAQ:DPZ) by 42.4% during the second quarter, Holdings Channel reports. The fund owned 902 shares of the restaurant operator’s stock after selling 663 shares during the quarter. Integrity Alliance LLC.’s holdings in Domino’s Pizza were worth $407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. DekaBank Deutsche Girozentrale boosted its holdings in Domino’s Pizza by 2.9% during the second quarter. DekaBank Deutsche Girozentrale now owns 8,091 shares of the restaurant operator’s stock worth $3,631,000 after buying an additional 228 shares in the last quarter. Impax Asset Management Group plc purchased a new stake in Domino’s Pizza during the first quarter worth $633,000. Teacher Retirement System of Texas purchased a new stake in Domino’s Pizza during the first quarter worth $2,319,000. Charles Schwab Investment Management Inc. purchased a new stake in Domino’s Pizza during the first quarter worth $110,348,000. Finally, Scientech Research LLC boosted its holdings in Domino’s Pizza by 86.7% during the first quarter. Scientech Research LLC now owns 2,423 shares of the restaurant operator’s stock worth $1,113,000 after buying an additional 1,125 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on DPZ. Wells Fargo & Company lowered their price target on shares of Domino’s Pizza from $490.00 to $450.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 8th. Jefferies Financial Group lowered their price target on shares of Domino’s Pizza from $490.00 to $455.00 and set a “hold” rating on the stock in a report on Monday, October 13th. UBS Group reissued a “buy” rating and set a $540.00 price target on shares of Domino’s Pizza in a report on Tuesday, July 22nd. TD Cowen reaffirmed a “buy” rating and set a $510.00 price objective on shares of Domino’s Pizza in a report on Tuesday, October 14th. Finally, Weiss Ratings downgraded shares of Domino’s Pizza from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $490.32.

Domino’s Pizza Stock Down 1.4%

DPZ opened at $398.46 on Friday. The company has a market cap of $13.46 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 2.15 and a beta of 1.12. Domino’s Pizza Inc has a 52-week low of $394.30 and a 52-week high of $500.55. The firm’s fifty day simple moving average is $432.56 and its two-hundred day simple moving average is $454.69.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 EPS for the quarter, beating analysts’ consensus estimates of $3.96 by $0.12. The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Domino’s Pizza had a net margin of 12.16% and a negative return on equity of 14.91%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business earned $4.19 earnings per share. On average, research analysts forecast that Domino’s Pizza Inc will post 16.74 EPS for the current year.

Domino’s Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 15th will be given a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Monday, December 15th. Domino’s Pizza’s dividend payout ratio is 40.68%.

Insider Activity at Domino’s Pizza

In other news, Director James A. Goldman sold 1,000 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $451.49, for a total value of $451,490.00. Following the completion of the sale, the director directly owned 3,384 shares in the company, valued at $1,527,842.16. This represents a 22.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.83% of the stock is owned by company insiders.

Domino’s Pizza 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.