Domino’s Pizza, Inc. (NYSE:DPZ) Shares Bought by Freedom Day Solutions LLC

Freedom Day Solutions LLC grew its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 0.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,364 shares of the restaurant operator’s stock after purchasing an additional 48 shares during the quarter. Freedom Day Solutions LLC’s holdings in Domino’s Pizza were worth $2,307,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Central Pacific Bank Trust Division acquired a new stake in shares of Domino’s Pizza during the third quarter worth $30,000. Blue Trust Inc. raised its stake in Domino’s Pizza by 162.5% during the second quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock worth $31,000 after acquiring an additional 39 shares during the period. Crewe Advisors LLC bought a new position in Domino’s Pizza in the first quarter worth about $36,000. Versant Capital Management Inc lifted 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 acquiring an additional 72 shares during the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new position in Domino’s Pizza in the third quarter valued at approximately $43,000. Institutional investors own 94.63% of the company’s stock.

Insider Activity at Domino’s Pizza

In other Domino’s Pizza news, Director Andrew Balson sold 6,970 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $428.27, for a total transaction of $2,985,041.90. Following the sale, the director now directly owns 15,390 shares of the company’s stock, valued at $6,591,075.30. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.76% of the stock is owned by insiders.

Domino’s Pizza Stock Performance

Shares of NYSE:DPZ opened at $414.97 on Friday. The company has a market capitalization of $14.47 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 2.23 and a beta of 0.86. The stock has a fifty day moving average of $419.70 and a 200-day moving average of $465.37. Domino’s Pizza, Inc. has a one year low of $332.13 and a one year high of $542.75.

Domino’s Pizza (NYSE:DPZ) last announced its earnings results on Thursday, October 10th. The restaurant operator reported $4.19 EPS for the quarter, beating the consensus estimate of $3.65 by $0.54. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the prior year, the business posted $4.18 earnings per share. Domino’s Pizza’s revenue was up 5.1% compared to the same quarter last year. As a group, research analysts forecast that Domino’s Pizza, Inc. will post 16.24 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, December 13th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 39.43%.

Analyst Upgrades and Downgrades

DPZ has been the topic of several recent research reports. Morgan Stanley cut their price target on Domino’s Pizza from $520.00 to $510.00 and set an “overweight” rating on the stock in a report on Friday, October 11th. Piper Sandler cut their target price on Domino’s Pizza from $436.00 to $429.00 and set a “neutral” rating on the stock in a research note on Monday, October 7th. Stephens lowered their price target on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating for the company in a research report on Friday, October 11th. Oppenheimer reaffirmed an “outperform” rating and issued a $490.00 price objective on shares of Domino’s Pizza in a report on Friday, October 11th. Finally, Royal Bank of Canada reduced their target price on shares of Domino’s Pizza from $500.00 to $490.00 and set an “outperform” rating for the company in a research note on Friday, October 11th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and an average target price of $489.55.

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.