Domino’s Pizza, Inc. (NYSE:DPZ) Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC raised its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 2.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,821 shares of the restaurant operator’s stock after acquiring an additional 498 shares during the period. Intech Investment Management LLC’s holdings in Domino’s Pizza were worth $10,234,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in DPZ. Blue Trust Inc. lifted its position in Domino’s Pizza by 162.5% during 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. Crewe Advisors LLC purchased a new stake in shares of Domino’s Pizza in the first quarter worth about $36,000. Versant Capital Management Inc boosted its stake in shares of Domino’s Pizza by 654.5% in the second quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock worth $43,000 after buying an additional 72 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in Domino’s Pizza by 41.8% during the fourth quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock worth $46,000 after acquiring an additional 33 shares during the period. Finally, ORG Partners LLC purchased a new position in Domino’s Pizza during the second quarter valued at approximately $62,000. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino’s Pizza Price Performance

Shares of Domino’s Pizza stock opened at $414.42 on Friday. The stock’s 50 day simple moving average is $426.56 and its 200-day simple moving average is $472.62. The stock has a market cap of $14.45 billion, a P/E ratio of 26.86, a P/E/G ratio of 2.14 and a beta of 0.86. Domino’s Pizza, Inc. has a 1-year low of $330.05 and a 1-year high of $542.75.

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

Domino’s Pizza Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a yield of 1.46%. The ex-dividend date is Friday, September 13th. Domino’s Pizza’s payout ratio is currently 39.43%.

Wall Street Analysts Forecast Growth

DPZ has been the topic of a number of analyst reports. Baird R W raised shares of Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 8th. Robert W. Baird dropped their price target on shares of Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating on the stock in a research report on Thursday, September 12th. Barclays decreased their price objective on shares of Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating for the company in a research report on Friday, July 19th. Loop Capital restated a “hold” rating and set a $419.00 target price on shares of Domino’s Pizza in a research report on Friday. Finally, TD Cowen reduced their price target on Domino’s Pizza from $520.00 to $475.00 and set a “buy” rating for the company in a report on Monday, September 16th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $507.93.

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.