Livforsakringsbolaget Skandia Omsesidigt Purchases Shares of 100 Domino’s Pizza, Inc. (NYSE:DPZ)

Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 100 shares of the restaurant operator’s stock, valued at approximately $43,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in Domino’s Pizza by 5.8% in the 1st quarter. Vanguard Group Inc. now owns 4,098,664 shares of the restaurant operator’s stock valued at $2,036,544,000 after buying an additional 222,949 shares during the period. Marshfield Associates raised its stake in shares of Domino’s Pizza by 0.3% during the second quarter. Marshfield Associates now owns 713,481 shares of the restaurant operator’s stock valued at $368,392,000 after purchasing an additional 2,271 shares during the period. TD Asset Management Inc lifted its holdings in Domino’s Pizza by 27.8% in the 1st quarter. TD Asset Management Inc now owns 635,335 shares of the restaurant operator’s stock worth $315,685,000 after buying an additional 138,224 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Domino’s Pizza by 107.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock worth $221,003,000 after acquiring an additional 230,090 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Domino’s Pizza by 4.7% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 398,322 shares of the restaurant operator’s stock valued at $205,666,000 after buying an additional 18,030 shares during the last quarter. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino’s Pizza Price Performance

Shares of DPZ stock opened at $428.39 on Thursday. The firm has a market cap of $14.94 billion, a P/E ratio of 27.96, a PEG ratio of 2.23 and a beta of 0.86. The stock’s 50-day moving average is $421.58 and its two-hundred day moving average is $468.06. Domino’s Pizza, Inc. has a fifty-two week low of $332.13 and a fifty-two week high of $542.75.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings data on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. Domino’s Pizza’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the prior year, the company posted $4.18 earnings per share. As a group, research analysts expect that Domino’s Pizza, Inc. will post 16.24 EPS for the current year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $6.04 dividend on an annualized basis and a yield of 1.41%. Domino’s Pizza’s payout ratio is presently 39.43%.

Analysts Set New Price Targets

Several equities analysts have recently commented on DPZ shares. Evercore ISI reduced their price target on shares of Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating on the stock in a research report on Monday, October 7th. Wells Fargo & Company lowered their price target on shares of Domino’s Pizza from $450.00 to $420.00 and set an “equal weight” rating for the company in a research report on Friday, October 11th. JPMorgan Chase & Co. lowered their target price on Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating on the stock in a research report on Friday, October 11th. Loop Capital reaffirmed a “hold” rating and issued a $419.00 price target on shares of Domino’s Pizza in a research note on Friday, September 20th. Finally, BMO Capital Markets lowered their target price on Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 11th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $489.55.

Domino’s Pizza 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.