American Century Companies Inc. Purchases 1,323 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

American Century Companies Inc. increased its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 48.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 4,026 shares of the restaurant operator’s stock after acquiring an additional 1,323 shares during the quarter. American Century Companies Inc.’s holdings in Domino’s Pizza were worth $2,079,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Signaturefd LLC lifted its position in shares of Domino’s Pizza by 25.2% during the 2nd quarter. Signaturefd LLC now owns 129 shares of the restaurant operator’s stock valued at $67,000 after buying an additional 26 shares during the last quarter. Czech National Bank lifted its holdings in Domino’s Pizza by 0.4% in the 1st quarter. Czech National Bank now owns 6,137 shares of the restaurant operator’s stock worth $3,049,000 after buying an additional 27 shares during the period. Insight Folios Inc lifted its holdings in Domino’s Pizza by 3.4% in the 1st quarter. Insight Folios Inc now owns 847 shares of the restaurant operator’s stock worth $421,000 after buying an additional 28 shares during the period. Portside Wealth Group LLC lifted its holdings in Domino’s Pizza by 6.5% in the 2nd quarter. Portside Wealth Group LLC now owns 456 shares of the restaurant operator’s stock worth $235,000 after buying an additional 28 shares during the period. Finally, Larson Financial Group LLC lifted its stake in shares of Domino’s Pizza by 4.6% in the 2nd quarter. Larson Financial Group LLC now owns 663 shares of the restaurant operator’s stock valued at $342,000 after purchasing an additional 29 shares during the period. Institutional investors own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

DPZ has been the subject of a number of recent research reports. Robert W. Baird lowered their price objective on Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating for the company in a research note on Thursday, September 12th. Benchmark cut their price objective on Domino’s Pizza from $575.00 to $520.00 and set a “buy” rating for the company in a report on Monday, July 22nd. JPMorgan Chase & Co. lifted their target price on Domino’s Pizza from $450.00 to $470.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. TD Cowen lowered their target price on Domino’s Pizza from $520.00 to $475.00 and set a “buy” rating on the stock in a research report on Monday, September 16th. Finally, Stephens lowered their price objective on Domino’s Pizza from $493.00 to $430.00 and set an “equal weight” rating on the stock in a research report on Friday, July 19th. One analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $506.28.

Domino’s Pizza Stock Down 0.8 %

Shares of DPZ opened at $429.03 on Friday. The firm has a market cap of $14.96 billion, a PE ratio of 28.00, a price-to-earnings-growth ratio of 2.21 and a beta of 0.86. The company’s fifty day moving average is $422.52 and its two-hundred day moving average is $471.82. Domino’s Pizza, Inc. has a fifty-two week low of $330.05 and a fifty-two week high of $542.75.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.68 by $0.35. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.08 EPS. As a group, equities research analysts anticipate that Domino’s Pizza, Inc. will post 16.24 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 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 1.41%. The ex-dividend date is Friday, September 13th. Domino’s Pizza’s payout ratio is 39.43%.

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.