ProShare Advisors LLC Has $2.46 Million Stock Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

ProShare Advisors LLC lifted its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 7.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,762 shares of the restaurant operator’s stock after acquiring an additional 332 shares during the quarter. ProShare Advisors LLC’s holdings in Domino’s Pizza were worth $2,459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in DPZ. Blue Trust Inc. boosted 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 acquiring an additional 39 shares during the last quarter. Crewe Advisors LLC acquired a new stake in Domino’s Pizza during the first quarter worth approximately $36,000. Versant Capital Management Inc increased its holdings in 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 purchasing an additional 72 shares in the last quarter. ORG Partners LLC bought a new stake in Domino’s Pizza in the second quarter worth approximately $62,000. Finally, Signaturefd LLC lifted its stake in Domino’s Pizza by 25.2% in the second 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 period. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino’s Pizza Trading Down 0.8 %

Shares of DPZ opened at $428.85 on Friday. Domino’s Pizza, Inc. has a 12-month low of $330.05 and a 12-month high of $542.75. The company has a market cap of $14.96 billion, a PE ratio of 27.99, a price-to-earnings-growth ratio of 2.21 and a beta of 0.86. The stock has a 50-day moving average price of $422.52 and a 200-day moving average price of $471.69.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, topping analysts’ consensus estimates of $3.68 by $0.35. The business had revenue of $1.10 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%. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.08 EPS. As a group, analysts predict 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. Investors of record on Friday, September 13th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $6.04 dividend on an annualized basis and a yield of 1.41%. Domino’s Pizza’s dividend payout ratio is presently 39.43%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Wedbush reiterated an “outperform” rating and issued a $575.00 price target on shares of Domino’s Pizza in a report on Monday, July 15th. Loop Capital restated a “hold” rating and issued a $419.00 target price on shares of Domino’s Pizza in a report on Friday, September 20th. JPMorgan Chase & Co. lifted their price target on Domino’s Pizza from $450.00 to $470.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. Royal Bank of Canada decreased their price objective on Domino’s Pizza from $575.00 to $500.00 and set an “outperform” rating for the company in a report on Wednesday, July 24th. Finally, Barclays dropped their target price on Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating on the stock in a report on Friday, July 19th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $506.28.

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.