465 Shares in Domino’s Pizza, Inc. (NYSE:DPZ) Acquired by Parametrica Management Ltd

Parametrica Management Ltd acquired a new stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 465 shares of the restaurant operator’s stock, valued at approximately $200,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bayesian Capital Management LP raised its position in Domino’s Pizza by 701.3% during the first quarter. Bayesian Capital Management LP now owns 4,800 shares of the restaurant operator’s stock valued at $2,385,000 after acquiring an additional 4,201 shares in the last quarter. Bessemer Group Inc. raised its position in Domino’s Pizza by 34.9% during the first quarter. Bessemer Group Inc. now owns 4,950 shares of the restaurant operator’s stock valued at $2,460,000 after acquiring an additional 1,280 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in Domino’s Pizza by 107.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock valued at $221,003,000 after acquiring an additional 230,090 shares in the last quarter. Assenagon Asset Management S.A. raised its position in Domino’s Pizza by 866.4% during the second quarter. Assenagon Asset Management S.A. now owns 49,846 shares of the restaurant operator’s stock valued at $25,737,000 after acquiring an additional 44,688 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in Domino’s Pizza by 18.7% during the first quarter. Russell Investments Group Ltd. now owns 55,438 shares of the restaurant operator’s stock valued at $27,518,000 after acquiring an additional 8,744 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.

Insider Activity

In other 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 value of $2,985,041.90. Following the sale, the director now owns 15,390 shares in the company, valued at approximately $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 accessible through this link. 0.81% of the stock is owned by corporate insiders.

Domino’s Pizza Stock Up 0.5 %

DPZ traded up $2.01 during trading on Wednesday, reaching $442.61. 28,253 shares of the company’s stock were exchanged, compared to its average volume of 604,201. Domino’s Pizza, Inc. has a fifty-two week low of $367.24 and a fifty-two week high of $542.75. The business has a 50 day moving average price of $421.97 and a 200 day moving average price of $459.50. The company has a market capitalization of $15.28 billion, a P/E ratio of 27.05, a PEG ratio of 2.40 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the previous year, the company earned $4.18 earnings per share. The business’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 16.86 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. Stockholders 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 annualized dividend and a dividend yield of 1.36%. Domino’s Pizza’s dividend payout ratio is presently 37.10%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on DPZ shares. Wells Fargo & Company cut their price objective on shares of Domino’s Pizza from $450.00 to $420.00 and set an “equal weight” rating on the stock in a research report on Friday, October 11th. Bank of America dropped their price target on shares of Domino’s Pizza from $582.00 to $557.00 and set a “buy” rating on the stock in a research report on Friday, October 11th. Barclays dropped their price target on shares of Domino’s Pizza from $380.00 to $370.00 and set an “underweight” rating on the stock in a research report on Friday, October 11th. Stephens dropped their price target on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating on the stock in a research report on Friday, October 11th. Finally, Loop Capital raised shares of Domino’s Pizza from a “hold” rating to a “buy” rating and lifted their price target for the company from $419.00 to $559.00 in a research report on Friday, November 8th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Domino’s Pizza presently has an average rating of “Moderate Buy” and an average target price of $494.38.

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.