Rakuten Securities Inc. Has $57,000 Stake in Domino’s Pizza, Inc. (NYSE:DPZ)

Rakuten Securities Inc. raised its position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 195.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 133 shares of the restaurant operator’s stock after purchasing an additional 88 shares during the quarter. Rakuten Securities Inc.’s holdings in Domino’s Pizza were worth $57,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. boosted its position in Domino’s Pizza by 162.5% during the 2nd 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. Central Pacific Bank Trust Division acquired a new stake in shares of Domino’s Pizza during the third quarter worth approximately $30,000. Crewe Advisors LLC purchased a new position in Domino’s Pizza during the first quarter valued at approximately $36,000. Versant Capital Management Inc increased its stake in Domino’s Pizza by 654.5% in the 2nd quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock valued at $43,000 after buying an additional 72 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new position in Domino’s Pizza in the 3rd quarter valued at approximately $43,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Wedbush restated an “outperform” rating and set a $470.00 price target on shares of Domino’s Pizza in a report on Friday, October 11th. Piper Sandler dropped their target price on Domino’s Pizza from $436.00 to $429.00 and set a “neutral” rating on the stock in a research report on Monday, October 7th. Benchmark reaffirmed a “buy” rating and set a $520.00 price target on shares of Domino’s Pizza in a research note on Friday, October 11th. Barclays lowered their price target on Domino’s Pizza from $380.00 to $370.00 and set an “underweight” rating for the company in a research note on Friday, October 11th. Finally, Guggenheim cut their price objective on shares of Domino’s Pizza from $485.00 to $460.00 and set a “neutral” rating on the stock in a research report on Thursday, September 26th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $494.38.

Domino’s Pizza Trading Down 1.5 %

Shares of DPZ stock opened at $440.37 on Wednesday. Domino’s Pizza, Inc. has a 1 year low of $367.24 and a 1 year high of $542.75. The firm’s 50 day moving average is $421.97 and its 200-day moving average is $459.50. The firm has a market capitalization of $15.21 billion, a price-to-earnings ratio of 27.05, a PEG ratio of 2.47 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.65 by $0.54. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.18 earnings per share. On average, equities research analysts forecast that Domino’s Pizza, Inc. will post 16.86 earnings per share for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm 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. This represents a $6.04 annualized dividend and a dividend yield of 1.37%. The ex-dividend date of this dividend is Friday, December 13th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 37.10%.

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.