Rathbones Group PLC Sells 125 Shares of Domino’s Pizza Inc $DPZ

Rathbones Group PLC trimmed its holdings in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 20.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 485 shares of the restaurant operator’s stock after selling 125 shares during the period. Rathbones Group PLC’s holdings in Domino’s Pizza were worth $219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in DPZ. RMG Wealth Management LLC purchased a new position in shares of Domino’s Pizza in the 2nd quarter worth approximately $25,000. LRI Investments LLC acquired a new stake in Domino’s Pizza during the 1st quarter worth about $27,000. Zions Bancorporation National Association UT purchased a new stake in Domino’s Pizza in the first quarter valued at approximately $27,000. Signature Resources Capital Management LLC acquired a new stake in shares of Domino’s Pizza in the second quarter worth $29,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new stake in Domino’s Pizza during the 2nd quarter worth about $31,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino’s Pizza Price Performance

Shares of NASDAQ DPZ opened at $409.23 on Wednesday. The business has a 50-day moving average of $425.40 and a two-hundred day moving average of $451.05. Domino’s Pizza Inc has a 1 year low of $392.89 and a 1 year high of $500.55. The company has a market capitalization of $13.83 billion, a price-to-earnings ratio of 23.92, a price-to-earnings-growth ratio of 2.15 and a beta of 1.09.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Tuesday, October 14th. The restaurant operator reported $4.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.96 by $0.12. Domino’s Pizza had a net margin of 12.16% and a negative return on equity of 14.91%. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the prior year, the firm posted $4.19 earnings per share. Domino’s Pizza’s revenue for the quarter was up 6.2% on a year-over-year basis. As a group, equities research analysts expect that Domino’s Pizza Inc will post 16.74 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

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

Analyst Ratings Changes

Several analysts recently commented on DPZ shares. Mizuho upgraded shares of Domino’s Pizza to a “strong-buy” rating in a research report on Tuesday, October 28th. Jefferies Financial Group reduced their price objective on Domino’s Pizza from $490.00 to $455.00 and set a “hold” rating for the company in a research note on Monday, October 13th. Loop Capital boosted their target price on Domino’s Pizza from $564.00 to $574.00 and gave the stock a “buy” rating in a report on Tuesday, July 22nd. TD Cowen reissued a “buy” rating and set a $510.00 price target on shares of Domino’s Pizza in a research report on Tuesday, October 14th. Finally, Royal Bank Of Canada lowered their price objective on Domino’s Pizza from $500.00 to $450.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $490.32.

Insider Activity

In other Domino’s Pizza news, Director James A. Goldman sold 1,000 shares of the business’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $451.49, for a total transaction of $451,490.00. Following the sale, the director directly owned 3,384 shares in the company, valued at approximately $1,527,842.16. The trade was a 22.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.83% of the company’s stock.

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.