United Services Automobile Association continued to hold its position in Domino’s Pizza Inc (NYSE:DPZ) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,681 shares of the restaurant operator’s stock at the end of the first quarter. United Services Automobile Association’s holdings in Domino’s Pizza were worth $678,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of DPZ. Martingale Asset Management L P boosted its stake in Domino’s Pizza by 116.5% in the fourth quarter. Martingale Asset Management L P now owns 4,466 shares of the restaurant operator’s stock worth $712,000 after buying an additional 2,403 shares during the period. Envestnet Asset Management Inc. acquired a new stake in Domino’s Pizza during the fourth quarter worth approximately $151,000. GSA Capital Partners LLP boosted its stake in Domino’s Pizza by 45.8% in the fourth quarter. GSA Capital Partners LLP now owns 2,835 shares of the restaurant operator’s stock worth $451,000 after buying an additional 890 shares during the period. Franklin Resources Inc. acquired a new stake in Domino’s Pizza during the fourth quarter worth approximately $13,550,000. Finally, Guggenheim Capital LLC boosted its stake in Domino’s Pizza by 80.8% in the fourth quarter. Guggenheim Capital LLC now owns 69,855 shares of the restaurant operator’s stock worth $11,124,000 after buying an additional 31,224 shares during the period. 98.91% of the stock is currently owned by institutional investors.
Domino’s Pizza Inc (NYSE DPZ) traded down 10.08% on Tuesday, reaching $192.40. The company had a trading volume of 4,249,520 shares. The firm has a 50-day moving average of $212.52 and a 200-day moving average of $191.44. Domino’s Pizza Inc has a 12 month low of $143.47 and a 12 month high of $221.58. The stock has a market capitalization of $9.25 billion, a P/E ratio of 41.14 and a beta of 0.38.
Domino’s Pizza (NYSE:DPZ) last released its earnings results on Tuesday, July 25th. The restaurant operator reported $1.32 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.23 by $0.09. The firm had revenue of $628.61 million during the quarter, compared to analyst estimates of $609.87 million. Domino’s Pizza had a net margin of 9.06% and a negative return on equity of 12.21%. The business’s revenue was up 14.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.98 EPS. On average, equities research analysts expect that Domino’s Pizza Inc will post $5.47 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Thursday, June 15th were given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date was Tuesday, June 13th. Domino’s Pizza’s dividend payout ratio is 39.32%.
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Several research analysts have recently issued reports on DPZ shares. Zacks Investment Research upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and set a $236.00 price objective for the company in a research note on Monday, June 19th. BidaskClub cut Domino’s Pizza from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 13th. Bank of America Corporation raised their price objective on Domino’s Pizza from $210.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday, June 13th. BTIG Research restated a “buy” rating and issued a $233.00 price objective (up from $213.00) on shares of Domino’s Pizza in a research note on Thursday, June 1st. Finally, Guggenheim started coverage on Domino’s Pizza in a research report on Friday, April 21st. They set a “buy” rating and a $192.00 price target for the company. Fourteen research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $194.40.
About Domino’s Pizza
Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.
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