ProShare Advisors LLC Buys 983 Shares of Domino’s Pizza Inc $DPZ

ProShare Advisors LLC boosted its position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 18.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 6,204 shares of the restaurant operator’s stock after purchasing an additional 983 shares during the quarter. ProShare Advisors LLC’s holdings in Domino’s Pizza were worth $2,796,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DPZ. DekaBank Deutsche Girozentrale grew its stake in shares of Domino’s Pizza by 2.9% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 8,091 shares of the restaurant operator’s stock valued at $3,631,000 after acquiring an additional 228 shares during the period. Charles Schwab Investment Management Inc. bought a new stake in Domino’s Pizza during the first quarter valued at about $110,348,000. Sterling Capital Management LLC lifted its position in shares of Domino’s Pizza by 2,076.8% in the second quarter. Sterling Capital Management LLC now owns 180,084 shares of the restaurant operator’s stock valued at $81,146,000 after acquiring an additional 171,811 shares in the last quarter. Scientech Research LLC boosted its stake in shares of Domino’s Pizza by 86.7% in the first quarter. Scientech Research LLC now owns 2,423 shares of the restaurant operator’s stock worth $1,113,000 after acquiring an additional 1,125 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in Domino’s Pizza by 6.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 10,707 shares of the restaurant operator’s stock worth $4,919,000 after purchasing an additional 653 shares during the period. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Trading Up 0.4%

NASDAQ:DPZ opened at $410.16 on Friday. The company has a market cap of $13.86 billion, a price-to-earnings ratio of 23.97, a price-to-earnings-growth ratio of 2.15 and a beta of 1.09. Domino’s Pizza Inc has a twelve month low of $392.89 and a twelve month high of $500.55. The stock has a fifty day simple moving average of $421.99 and a 200-day simple moving average of $449.56.

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

Domino’s Pizza Dividend Announcement

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

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, Director James A. Goldman sold 1,000 shares of the firm’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $451.49, for a total transaction of $451,490.00. Following the transaction, the director owned 3,384 shares of the company’s stock, valued at approximately $1,527,842.16. This trade represents a 22.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.83% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. UBS Group restated a “buy” rating and set a $540.00 target price on shares of Domino’s Pizza in a research report on Tuesday, July 22nd. BTIG Research reissued a “buy” rating and set a $530.00 price target on shares of Domino’s Pizza in a research note on Friday. Royal Bank Of Canada cut their target price on shares of Domino’s Pizza from $500.00 to $450.00 and set a “sector perform” rating for the company in a report on Wednesday, October 15th. Loop Capital increased their price objective on shares of Domino’s Pizza from $564.00 to $574.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. Finally, Benchmark lifted their price objective on shares of Domino’s Pizza from $535.00 to $540.00 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus target price of $490.32.

About Domino’s Pizza

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.