Federated Investors Inc. PA increased its stake in Domino’s Pizza Inc (NYSE:DPZ) by 2.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,327 shares of the restaurant operator’s stock after buying an additional 693 shares during the period. Federated Investors Inc. PA owned 0.06% of Domino’s Pizza worth $6,203,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. increased its stake in shares of Domino’s Pizza by 2,338.4% in the first quarter. BlackRock Inc. now owns 5,344,824 shares of the restaurant operator’s stock valued at $985,052,000 after buying an additional 5,125,632 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Domino’s Pizza by 499.8% in the first quarter. Ameriprise Financial Inc. now owns 1,750,503 shares of the restaurant operator’s stock valued at $322,614,000 after buying an additional 1,458,667 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in shares of Domino’s Pizza during the second quarter valued at approximately $113,818,000. Renaissance Technologies LLC increased its stake in shares of Domino’s Pizza by 32.1% in the first quarter. Renaissance Technologies LLC now owns 2,130,700 shares of the restaurant operator’s stock valued at $392,688,000 after buying an additional 517,200 shares during the last quarter. Finally, Smith Asset Management Group LP acquired a new stake in shares of Domino’s Pizza during the second quarter valued at approximately $45,031,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Shares of Domino’s Pizza Inc (NYSE DPZ) opened at 182.26 on Friday. The company has a 50 day moving average price of $193.23 and a 200 day moving average price of $194.22. Domino’s Pizza Inc has a 52 week low of $145.00 and a 52 week high of $221.58. The company has a market capitalization of $8.79 billion, a PE ratio of 36.22 and a beta of 0.35.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Tuesday, July 25th. The restaurant operator reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.09. The business had revenue of $628.61 million for the quarter, compared to the consensus estimate of $609.87 million. Domino’s Pizza had a net margin of 9.40% and a negative return on equity of 13.28%. The company’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.98 EPS. On average, equities research analysts expect that Domino’s Pizza Inc will post $5.69 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Thursday, September 14th. Domino’s Pizza’s dividend payout ratio is currently 36.65%.

Domino’s Pizza announced that its board has approved a share repurchase program on Wednesday, August 2nd that authorizes the company to repurchase $1.25 billion in shares. This repurchase authorization authorizes the restaurant operator to repurchase up to 13.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

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DPZ has been the topic of several recent research reports. BidaskClub downgraded Domino’s Pizza from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 18th. Zacks Investment Research raised Domino’s Pizza from a “hold” rating to a “buy” rating and set a $236.00 target price on the stock in a research report on Monday, June 19th. Bank of America Corporation lifted their target price on Domino’s Pizza from $210.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, June 13th. BTIG Research reaffirmed a “buy” rating and issued a $233.00 target price (up previously from $213.00) on shares of Domino’s Pizza in a research report on Thursday, June 1st. Finally, Longbow Research raised Domino’s Pizza from a “neutral” rating to a “buy” rating and set a $229.00 target price on the stock in a research report on Friday, July 28th. Thirteen analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Domino’s Pizza currently has an average rating of “Hold” and a consensus price target of $193.66.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.

Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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