Domino’s Pizza (NASDAQ:DPZ) Posts Earnings Results

Domino’s Pizza (NASDAQ:DPZ) announced its earnings results on Tuesday. The restaurant operator reported $4.08 earnings per share (EPS) for the quarter, RTT News reports. Domino’s Pizza had a negative return on equity of 15.09% and a net margin of 12.49%.

Domino’s Pizza Stock Performance

Shares of DPZ opened at $408.26 on Tuesday. The firm has a market capitalization of $13.86 billion, a price-to-earnings ratio of 23.71, a price-to-earnings-growth ratio of 2.22 and a beta of 1.12. Domino’s Pizza has a one year low of $397.12 and a one year high of $500.55. The stock’s fifty day moving average is $441.21 and its 200-day moving average is $458.61.

Domino’s Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 15th will be issued a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.7%. Domino’s Pizza’s dividend payout ratio (DPR) is 40.42%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on DPZ shares. Wells Fargo & Company dropped their price target on Domino’s Pizza from $490.00 to $450.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 8th. Royal Bank Of Canada lowered Domino’s Pizza from an “outperform” rating to a “sector perform” rating and dropped their price target for the company from $550.00 to $500.00 in a research report on Tuesday, July 29th. UBS Group reissued a “buy” rating and set a $540.00 price target on shares of Domino’s Pizza in a research report on Tuesday, July 22nd. Guggenheim upped their price target on Domino’s Pizza from $485.00 to $490.00 and gave the company a “neutral” rating in a research report on Wednesday, August 27th. Finally, Barclays dropped their target price on Domino’s Pizza from $425.00 to $405.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $491.71.

Insider Activity at Domino’s Pizza

In other news, Director James A. Goldman sold 1,000 shares of the firm’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 transaction, the director directly 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.83% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Two Sigma Securities LLC grew its holdings in Domino’s Pizza by 57.4% during the second quarter. Two Sigma Securities LLC now owns 2,042 shares of the restaurant operator’s stock worth $920,000 after acquiring an additional 745 shares during the period. Investment Management Corp of Ontario grew its holdings in Domino’s Pizza by 68.3% during the second quarter. Investment Management Corp of Ontario now owns 1,594 shares of the restaurant operator’s stock worth $718,000 after acquiring an additional 647 shares during the period. HUB Investment Partners LLC grew its holdings in Domino’s Pizza by 17.3% during the second quarter. HUB Investment Partners LLC now owns 1,322 shares of the restaurant operator’s stock worth $596,000 after acquiring an additional 195 shares during the period. Moore Capital Management LP acquired a new position in Domino’s Pizza during the second quarter worth about $593,000. Finally, Tower Research Capital LLC TRC grew its holdings in Domino’s Pizza by 70.1% during the second quarter. Tower Research Capital LLC TRC now owns 1,308 shares of the restaurant operator’s stock worth $589,000 after acquiring an additional 539 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

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.