IFM Investors Pty Ltd Has $2.41 Million Stock Position in Domino’s Pizza, Inc. (NYSE:DPZ)

IFM Investors Pty Ltd raised its position in Domino’s Pizza, Inc. (NYSE:DPZGet Rating) by 16.4% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 5,927 shares of the restaurant operator’s stock after acquiring an additional 837 shares during the period. IFM Investors Pty Ltd’s holdings in Domino’s Pizza were worth $2,412,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Domino’s Pizza during the fourth quarter worth $251,368,000. BlackRock Inc. grew its position in Domino’s Pizza by 6.5% during the fourth quarter. BlackRock Inc. now owns 3,539,785 shares of the restaurant operator’s stock worth $1,997,609,000 after buying an additional 215,128 shares in the last quarter. Mane Global Capital Management LP purchased a new position in Domino’s Pizza during the fourth quarter worth about $43,460,000. Mackenzie Financial Corp grew its position in Domino’s Pizza by 283.9% during the fourth quarter. Mackenzie Financial Corp now owns 103,019 shares of the restaurant operator’s stock worth $58,137,000 after buying an additional 76,181 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Domino’s Pizza by 10.3% during the fourth quarter. Geode Capital Management LLC now owns 761,979 shares of the restaurant operator’s stock worth $429,492,000 after buying an additional 71,330 shares in the last quarter. Institutional investors and hedge funds own 92.84% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of Domino’s Pizza stock opened at $387.93 on Friday. Domino’s Pizza, Inc. has a one year low of $321.15 and a one year high of $567.57. The stock’s fifty day moving average is $390.01 and its 200 day moving average is $394.11. The stock has a market cap of $13.92 billion, a P/E ratio of 30.28, a P/E/G ratio of 2.82 and a beta of 0.60.

Domino’s Pizza (NYSE:DPZGet Rating) last announced its earnings results on Thursday, July 21st. The restaurant operator reported $2.82 EPS for the quarter, missing analysts’ consensus estimates of $2.88 by ($0.06). Domino’s Pizza had a negative return on equity of 11.24% and a net margin of 10.63%. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the prior year, the business posted $3.12 earnings per share. Domino’s Pizza’s revenue for the quarter was up 3.2% compared to the same quarter last year. Analysts predict that Domino’s Pizza, Inc. will post 12.57 EPS for the current year.

Domino’s Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be paid a $1.10 dividend. The ex-dividend date is Wednesday, September 14th. This represents a $4.40 dividend on an annualized basis and a yield of 1.13%. Domino’s Pizza’s payout ratio is presently 34.35%.

Insiders Place Their Bets

In other Domino’s Pizza news, Director Andrew Balson sold 4,000 shares of the stock in a transaction on Monday, July 25th. The stock was sold at an average price of $387.24, for a total value of $1,548,960.00. Following the completion of the sale, the director now owns 6,870 shares in the company, valued at approximately $2,660,338.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, Director Andrew Balson sold 4,000 shares of the firm’s stock in a transaction dated Monday, July 25th. The stock was sold at an average price of $387.24, for a total transaction of $1,548,960.00. Following the completion of the transaction, the director now owns 6,870 shares in the company, valued at $2,660,338.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Cynthia A. Headen sold 103 shares of Domino’s Pizza stock in a transaction dated Monday, July 18th. The stock was sold at an average price of $409.26, for a total value of $42,153.78. Following the completion of the transaction, the executive vice president now owns 3,090 shares of the company’s stock, valued at approximately $1,264,613.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,168 shares of company stock worth $1,616,903. Corporate insiders own 1.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on DPZ. Robert W. Baird set a $435.00 target price on Domino’s Pizza in a research report on Tuesday, July 19th. TheStreet lowered Domino’s Pizza from a “b-” rating to a “c+” rating in a research note on Friday, May 6th. Barclays dropped their price target on Domino’s Pizza from $355.00 to $326.00 and set an “overweight” rating for the company in a research note on Thursday, June 9th. BMO Capital Markets dropped their price target on Domino’s Pizza from $450.00 to $400.00 in a research note on Friday, April 29th. Finally, MKM Partners dropped their price target on Domino’s Pizza from $490.00 to $440.00 and set a “neutral” rating for the company in a research note on Wednesday, April 20th. Eighteen analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Hold” and a consensus target price of $441.04.

Domino’s Pizza Profile

(Get Rating)

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

See Also

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

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