Police & Firemen s Retirement System of New Jersey Sells 214 Shares of Domino’s Pizza Inc $DPZ

Police & Firemen s Retirement System of New Jersey trimmed its stake in Domino’s Pizza Inc (NASDAQ:DPZ) by 4.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,823 shares of the restaurant operator’s stock after selling 214 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in Domino’s Pizza were worth $2,173,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Kestra Private Wealth Services LLC raised its position in shares of Domino’s Pizza by 3.5% during the 1st quarter. Kestra Private Wealth Services LLC now owns 1,962 shares of the restaurant operator’s stock valued at $901,000 after buying an additional 67 shares in the last quarter. HighPoint Advisor Group LLC increased its stake in Domino’s Pizza by 3.2% in the first quarter. HighPoint Advisor Group LLC now owns 672 shares of the restaurant operator’s stock valued at $332,000 after acquiring an additional 21 shares during the last quarter. Choreo LLC raised its position in Domino’s Pizza by 16.1% during the first quarter. Choreo LLC now owns 1,233 shares of the restaurant operator’s stock valued at $566,000 after purchasing an additional 171 shares in the last quarter. Oak Thistle LLC lifted its stake in Domino’s Pizza by 30.2% during the first quarter. Oak Thistle LLC now owns 2,406 shares of the restaurant operator’s stock worth $1,105,000 after purchasing an additional 558 shares during the last quarter. Finally, Roundview Capital LLC purchased a new position in shares of Domino’s Pizza in the 1st quarter worth about $2,035,000. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Stock Down 0.9%

Shares of DPZ opened at $399.67 on Thursday. The stock has a market capitalization of $13.50 billion, a P/E ratio of 23.36, a PEG 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 firm has a fifty day simple moving average of $418.63 and a two-hundred day simple moving average of $447.82.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings data on Tuesday, October 14th. The restaurant operator reported $4.08 EPS for the quarter, beating the consensus estimate of $3.96 by $0.12. The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate 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 firm posted $4.19 earnings per share. Sell-side analysts expect that Domino’s Pizza Inc will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Monday, December 15th. This represents a $6.96 annualized dividend and a yield of 1.7%. Domino’s Pizza’s dividend payout ratio (DPR) is 40.68%.

Analyst Upgrades and Downgrades

DPZ has been the topic of a number of research reports. Guggenheim raised their price objective on Domino’s Pizza from $485.00 to $490.00 and gave the company a “neutral” rating in a report on Wednesday, August 27th. Mizuho raised shares of Domino’s Pizza to a “strong-buy” rating in a research note on Tuesday, October 28th. Weiss Ratings cut shares of Domino’s Pizza from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 24th. Jefferies Financial Group reduced their target price 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. Finally, BTIG Research reissued a “buy” rating and issued a $530.00 price target on shares of Domino’s Pizza in a research note on Friday, November 14th. Two 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $490.32.

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.