Universal Beteiligungs und Servicegesellschaft mbH lessened its position in shares of Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 4.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,294 shares of the restaurant operator’s stock after selling 1,467 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.10% of Domino’s Pizza worth $14,552,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. RMG Wealth Management LLC bought a new position in Domino’s Pizza in the second quarter worth $25,000. Zions Bancorporation National Association UT bought a new stake in Domino’s Pizza in the 1st quarter valued at $27,000. Signature Resources Capital Management LLC acquired a new position in shares of Domino’s Pizza in the 2nd quarter valued at $29,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Domino’s Pizza during the 2nd quarter worth about $31,000. Finally, Atlantic Union Bankshares Corp bought a new position in shares of Domino’s Pizza during the 2nd quarter worth about $34,000. 94.63% of the stock is currently owned by institutional investors.
Domino’s Pizza Price Performance
Shares of DPZ opened at $399.67 on Thursday. The company 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 one year low of $392.89 and a one year high of $500.55. The business’s 50 day simple moving average is $418.63 and its 200-day simple moving average is $447.82.
Domino’s Pizza Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 15th will be given a dividend of $1.74 per share. 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 is 40.68%.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the stock. TD Cowen reissued a “buy” rating and issued a $510.00 target price on shares of Domino’s Pizza in a research note on Tuesday, October 14th. Barclays lowered their price objective on Domino’s Pizza from $425.00 to $405.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 8th. Mizuho raised Domino’s Pizza to a “strong-buy” rating in a report on Tuesday, October 28th. Citigroup decreased their price target on Domino’s Pizza from $500.00 to $480.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 30th. Finally, BTIG Research reiterated a “buy” rating and issued a $530.00 price target on shares of Domino’s Pizza in a research report on Friday, November 14th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.
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