Domino’s Pizza, Inc. (NYSE:DPZ) Shares Sold by Barclays PLC

Barclays PLC lessened its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 3.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,268 shares of the restaurant operator’s stock after selling 2,654 shares during the quarter. Barclays PLC owned about 0.25% of Domino’s Pizza worth $37,536,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DPZ. Blue Trust Inc. boosted its stake in shares of Domino’s Pizza by 162.5% in the second quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock valued at $31,000 after purchasing an additional 39 shares during the period. True Wealth Design LLC lifted its holdings in Domino’s Pizza by 2,033.3% in the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock worth $28,000 after buying an additional 61 shares in the last quarter. Central Pacific Bank Trust Division purchased a new position in Domino’s Pizza in the 3rd quarter valued at about $30,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of Domino’s Pizza during the third quarter valued at about $43,000. Finally, Crewe Advisors LLC grew its stake in shares of Domino’s Pizza by 46.6% during the second quarter. Crewe Advisors LLC now owns 107 shares of the restaurant operator’s stock valued at $55,000 after acquiring an additional 34 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on DPZ shares. TD Cowen increased their price target on Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a report on Monday, November 25th. Deutsche Bank Aktiengesellschaft reduced their target price on Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating for the company in a research note on Friday, October 11th. Bank of America dropped their price target on shares of Domino’s Pizza from $582.00 to $557.00 and set a “buy” rating for the company in a research note on Friday, October 11th. Oppenheimer reissued an “outperform” rating and set a $490.00 price objective on shares of Domino’s Pizza in a report on Friday, October 11th. Finally, Royal Bank of Canada cut their target price on shares of Domino’s Pizza from $500.00 to $490.00 and set an “outperform” rating on the stock in a research note on Friday, October 11th. One analyst has rated the stock with a sell rating, eight have given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Domino’s Pizza has a consensus rating of “Moderate Buy” and a consensus target price of $495.76.

Insider Activity

In related news, Director Andrew Balson sold 6,970 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $428.27, for a total transaction of $2,985,041.90. Following the completion of the transaction, the director now owns 15,390 shares of the company’s stock, valued at $6,591,075.30. This trade represents a 31.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kevin Scott Morris sold 2,646 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the completion of the sale, the executive vice president now owns 1,966 shares in the company, valued at approximately $902,394. This trade represents a 57.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.76% of the stock is owned by insiders.

Domino’s Pizza Stock Performance

Shares of DPZ opened at $453.22 on Friday. The firm has a market capitalization of $15.65 billion, a price-to-earnings ratio of 27.84, a price-to-earnings-growth ratio of 2.47 and a beta of 0.88. The stock’s fifty day moving average is $439.97 and its 200-day moving average is $450.99. Domino’s Pizza, Inc. has a one year low of $395.08 and a one year high of $542.75.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.10 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. Domino’s Pizza’s revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the firm earned $4.18 EPS. Analysts forecast that Domino’s Pizza, Inc. will post 16.82 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Friday, December 13th. Domino’s Pizza’s payout ratio is currently 37.10%.

Domino’s Pizza Company 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.